South Korea exported and imported US$399 million worth of camping equipment last year, up 40 percent from the previous year, to reach an all-time high, according to the Korea Trade Statistics Promotion Institute.
The momentum continued in the first half of this year with trade-in camping gear stood at $293 million, surpassing the $285 million registered in 2019.
South Korea's exported $102 million worth of camping equipment in the first half of this year, up 84.7 percent from a year earlier.
Imports of camping goods skyrocketed 105.2 percent on year to $191 million, resulting in a trade deficit of $90 million in the sector.
Exports soared 75.1 percent with imports spiking 136.2 percent in the January-June period, compared with the pre-pandemic first half of 2019.
South Korea's deficit in camping goods trade surged from $38 million in 2019 to $100 million last year.
The forecast for this year's camping goods exports and imports is to be well above last year's amount.
Major export destinations for South Korean camping goods in the first half were the US and Japan while the top exporters to |South Korea were China, Vietnam, and the US.
The report attributed the sharp rise in the camping goods trade to the COVID-19 outbreak, which has made overseas travel impossible and prompted people to engage in more outdoor activities.


Wall Street Slides as Treasury Yields Surge to 19-Year High
Oil Prices Rise as Iran-U.S. Tensions Threaten Strait of Hormuz Supply
Anthropic Eyes $10B-Plus Credit Line Ahead of Potential IPO
Unitree Robotics Shares Soar Over 600% in Shanghai Market Debut
Sun Pharma Wins U.S. Appeal in Pfizer Lipitor Antitrust Case
Baidu Shares Sink to One-Year Low as Ad Weakness Overshadows AI Growth
Gold Prices Slide as Treasury Yields Surge, Fed Minutes in Focus
NAB Q3 Cash Earnings Rise 2% as Lower Credit Charges Boost Profit
US Dollar Slips as Soft Economic Data Eases Fed Rate Hike Expectations
SEC Sues Former Tricolor Executives Over $1.9 Billion Investor Fraud Scheme
OpenAI Tightens AI Safety Monitoring After Security Incidents
US Dollar Hovers Near Multi-Month Lows as Fed Rate Hike Bets Ease
OpenAI Revenue Rises 18% in Q2 as Losses Widen and Anthropic Surges Ahead
Canada Faces 50% U.S. Tariffs as Trade Tensions Threaten USMCA Talks
US Eyes Refinery Boost as Trump Seeks Relief From High Gas Prices
UK Inflation Rises to 2.9% in July as Energy Costs Climb
Alphabet’s SpaceX Investment Soars 100-Fold to $94 Billion 



