Exports of consumer goods set to hit record high on K-culture craze: KOTRA

Korea's exports of consumer goods are widely expected to reach a new high this year on the back of soaring global popularity of Korean culture, the chief of the Korea Trade-Investment Promotion Agency (KOTRA) has said, pledging stepped up efforts to help diversify overseas markets and export items. Outbound shipments of consumer goods have increased 6.6 percent from a year earlier in the first nine months of the year, reaching an all-time high for the January-September period, according to KOTRA President Kang Kyung-sung. "Among the five major consumer-goods export categories, food has been the top item so far, but this year the growth rate of cosmetics exports has more than doubled," Kang said in a press conference Thursday. "It will be worth watching whether cosmetics surpass food in annual export volume." Kang attributed the robust performance of consumer goods to the global popularity of Korean culture, food, health and beauty products. "As the power of the Korean wave grows stronger, Korea has once again seized the opportunity, which was to boost exports of K-consumer goods," he saiWeiter zum vollständigen Artikel bei Korea Times Weiter zum vollständigen Artikel bei Korea Times