Business

S. Korea’s Agricultural Exports Up 6.2% in First 4 Months of 2024

South Korea’s exports of agricultural products rose 6.2% on-year in the first four months of 2024 to set a fresh high, driven by growing demand for processed foodstuffs, including instant noodles, data showed.

The combined exports of agricultural goods came to $3.12 billion over the January-April period, compared with $2.87 billion tallied a year earlier, according to the Ministry of Agriculture, Food and Rural Affairs.

By destination, exports to the US moved up 15% to $478.7 million over the period. Outbound shipments to Southeast Asia and Europe also advanced 5% and 33.1%, respectively, the data showed.

On the other hand, exports to China edged down 1.8%.

Source: Qatar News Agency