'Boycott Impact' Japanese Beer Continues Decline in Exports to Korea

[Asia Economy Reporter Jeong Hyunjin] It has been revealed that the decline in sales of Japanese beer due to the deterioration of Korea-Japan relations is continuing.

According to the trade statistics data for December last year released by the Japanese Ministry of Finance on the 30th, the export volume of Japanese beer to Korea was recorded at 106,065 liters. This is a 97.9% decrease compared to the same period last year.

The Japanese beer industry has been struggling in the Korean market since the Japanese government announced export regulations against Korea in July last year. Beer was identified as a key target of the domestic boycott movement against Japanese products, known as the 'No Japan' campaign.

In July last year, the export volume of Japanese beer to Korea was 7,930,591 liters, but since then, the export scale has continued to shrink, maintaining a decrease of over 90% compared to the same month of the previous year. In October last year, the export volume and amount to Korea were recorded as 'zero (0)' in the Japanese Ministry of Finance's export statistics.

The total export value of Japanese beer to Korea last year was recorded at 4,003,740,000 yen, a 49.2% decrease compared to the previous year.

NHK reported that the export of Japanese sake, Seishu, to Korea in December last year decreased by 86% compared to the same period last year, and instant ramen exports also fell by 89%, analyzing that the impact of the boycott movement against Japanese products due to the deterioration of Korea-Japan relations is continuing.

This content was produced with the assistance of AI translation services.