South Korea imported a record-high 54,127 tons of wines last year, up 24.4 percent from the previous year, as more of its citizens indulged in drinking at home due to the pandemic.
According to the data by the Korea Customs Service and industry sources, the value of imported wines increased 27.3 percent from a year before to US$330 million.
The coronavirus-induced social distancing measures resulted in decreased company dinners, which prompted more South Koreans to enjoy drinking wine at home and alone.
Chile was the top wine source for South Korea last year, amounting to 14,703 tons, or 27.2 percent of the wine exports.
Spain followed with 10,200 tons of exports, then Italy with 7,453 tons, France with 7,057 tons, and the US 5,503 tons.
By value, France was the top exporter with $93.48 million, or 28.3 percent of the total.
Chile was second with $58.55 million, followed by the US with $56.03 million, and Italy with $48.73 million.


China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices
Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk
Japanese Pharmaceutical Stocks Slide as TrumpRx.gov Launch Sparks Market Concerns
Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data
Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens
UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves
Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength
Indian Refiners Scale Back Russian Oil Imports as U.S.-India Trade Deal Advances
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom
Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence 



