South Korea exported $21 million worth of chicken last year, up 59.5 percent from a year earlier, due to the growing demand for ready-to-eat products and the Korean pop culture's popularity.
According to the report from the Korea International Trade Association (KITA), the increase was a result of the popularity of packaged traditional chicken soup, or "samgyetang," and chicken breast spiked due to demand for home meal replacements and the overseas popularity of Korean music, and movies.
South Korea exported the highest volume of chicken last year to the US, reaching $5.9 million, or 28.1 percent of the total.
The country's processed chicken accounted for 2.1 percent of US chicken imports last year, up from 0.9 percent in 2016.
Hong Kong was second with $4.96 million worth, representing a 162.4 percent increase from 2019.
An artificial intelligence analysis identified Hong Kong as the overseas market with the greatest potential, followed by Japan and the US.


BOJ Flags Import Costs and Yen Shocks as Persistent Inflation Risks
US Futures Fall as Fed Meeting, Oil Surge Rattle Markets
Oil Prices Surge as Houthi Attacks Deepen Hormuz Supply Fears
Goldman Sachs Forecasts Fed Rate Hike as Inflation Risks Rise
Asian Tech Stocks Slide as AI Concerns and Rising Bond Yields Hit Chipmakers
China Home Prices Fall Again as Property Slump Drags on Growth
German 2-Year Yield Hits 2023 High as Rate Hike Bets Rise
UK Wage Growth Slows as BoE Rate Decision Looms
Gulf Ministers to Meet Iran in Oman Over Hormuz Shipping Deal
US Treasury Yields Near 5% as Oil Fuels Inflation Fears
Global Central Banks Brace for More Rate Hikes as Inflation Risks Rise
BOJ Set to Raise Rates to 1.25% as Inflation Risks Build
Gold Prices Fall as Hot U.S. Inflation Boosts Fed Rate Hike Bets
Asian Bank Stocks Slide as BofA Warning and Rising Yields Hit Sentiment
Treasury Buyback Fails to Cool Long-Term Yields
EUR/USD Eyes 1.17 as Fed Decision Could Weigh on Dollar 



