South Korea's exports of kimchi reached an all-time high of $46.57 million in the January-March period, up 54.3 from a year earlier, according to the data from the Korea Customs Service and industry sources.
It was the largest quarterly figure ever for Kimchi exports, breaking the previous yearly record of $42.08 million posted in the second quarter of 2020.
Kimchi exports to Japan advanced nearly 68 percent on-year to $24.72 million, while those to the US soared 80.6 percent to $8.46 million. Hong Kong's demand for kimchi also increased, with exports jumping 50.3 percent to $2.34 million.
South Korea also imported $38.51 million worth of kimchi in the first quarter, up 7.4 percent on-year, but still resulting in a kimchi trade surplus of $8.06 million.
The surplus is the largest since the $9.35 million recorded in the fourth quarter of 2009.
In terms of volume, the country's kimchi exports reached 11,181 tons in the quarter.
The fermented food is considered an immunity booster, giving rise to its popularity amid the COVID-19 outbreak.


OpenAI Proposes 5% U.S. Government Stake Amid AI Policy Talks
China Services PMI Beats Forecasts as Strong Demand Supports June Growth
US Resumes Dollar Shipments to Iraq After Months-Long Suspension
Meta Stock Jumps as AI Cloud Expansion Challenges AWS, Microsoft, and Google
Goldman Sachs Says China Competition Weighs More on EU Growth Than Trade Deficit
Gold Price Today: Bullion Heads for First Weekly Gain as Weak U.S. Jobs Data Eases Rate Hike Fears
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken
Asian Currencies Rise as Dollar Weakens; Yen Holds Steady Amid Japan Intervention Watch
Moody’s Says Peru’s President-Elect Keiko Fujimori Could Boost Investor Confidence
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round
SoftBank’s LY Corp, Bain Raise Kakaku.com Bid to ¥670 Billion, Intensifying Takeover Battle
Gold Price Holds Above $4,000 as Fed Rate Hike Expectations and U.S. Jobs Data Weigh on Market
BHP Workers Approve New Labour Agreement at WA Iron Ore Operations 



