US Dollar Pauses Rally as Middle East Tensions Support Safe-Haven Demand 
Ryanair Warns Summer Airfares May Stay Lower as Quarterly Profit Misses Estimates 
OpenAI Australia Data Center Switches Cooling Strategy After Recycled Water Plan Fails 
Domino’s Weighs Appeal After Australian Court Rules Workers Were Misled on Pay 
Gold Climbs Above $4,000 as Middle East Tensions and Fed Outlook Drive Safe-Haven Demand 
Alaska Air Q3 Outlook Misses Estimates as Higher Fuel Costs Weigh on Profit Forecast 
US Stock Futures Steady Ahead of Tesla, Alphabet Earnings as Iran Conflict Keeps Markets on Edge 
Scandinavian Tobacco Group Sells BREAK and Moro Brands to Japan Tobacco for €176 Million 
European Stocks Slip as Earnings, UK Inflation and ECB Decision Keep Investors on Edge 
US Stock Exchanges Face Earnings Test as Trading Boom Meets Crypto Competition 
Samsung Eyes Up to $1.14 Billion Investment in AI Startup Mistral 
Belimo H1 Sales Surge as AI Data Center Cooling Drives More Than Half of Growth 
Wistron Opens $700M Texas AI Factory to Build Nvidia Superchips in U.S. 
GM Q2 Earnings Beat Estimates as General Motors Raises 2026 Profit Outlook 
Japan PM Sanae Takaichi Unveils Growth Plan as BOJ Independence Concerns Lift Bond Yields 
Lockheed Martin Unveils Lower-Cost Patriot ACE Interceptor to Meet Rising Air Defense Demand 
South Korea is a country where instant noodles are very much loved by its citizens. In fact, there is no home in the country that does not have even a pack of instant noodles that they called “ramyeon.”
New record for the export of Korean instant noodles
Now, Yonhap News Agency reported that the South Korean instant noodles are also gaining a lot of love from overseas. In fact, the exports of this food staple in Korean homes have reached an all-time high record.
The new record for the export of instant noodles was achieved in the first half of this year. Even if the world is in the midst of battling the COVID-19 pandemic, data showed that exports have surged to an amazing number.
It was reported that South Korea was able to export around $319.68 million worth of instant noodles from January to June of this year. This is said to show an increase of 5.8 percent compared to the previous year. In 2020, the record for the same period was said to be only $302.08.
The new data about the export of instant noodles were collected from the Korea Customs Service. It was mentioned that the largest orders for the Korean ramyeon packs came from China.
In any case, the popularity of the instant noodles from the Korean company brands was attributed to the popularity of Kpop and K-dramas, where people from around the globe constantly see the characters cooking and eating ramyeons. Instant food has also become popular as most people are now staying at home.
After China, the next biggest export was in the U.S. with $37.3 million worth of orders, and this was followed by Japan with $33 million. Taiwan and the Philippines follow next with $16.21 and $12.05 million worth, respectively.
Korean food exports break the record during the pandemic
Meanwhile, aside from instant noodles, many South Korean foods have also become popular abroad. Thus, exports of other items have also increased.
In May, The Korea Herald reported that shipments overseas have reached an all-time high of $4.28 billion in 2020 while it was only $3.73 billion in 2019. Most items being exported include alcoholic beverages, kimchi, drinks, Korean sauces, and ready-to-cook tteokbokki and fish cakes.
