Choi Jin-ah, Head of Global Sales Division at Lotte Confectionery, who received the commendation from the Ministry of Food and Drug Safety (third from the left), and the Global Food Team in charge of canned ham exports are taking a commemorative photo. Photo by Lotte Confectionery

Choi Jin-ah, Head of Global Sales Division at Lotte Confectionery, who received the commendation from the Ministry of Food and Drug Safety (third from the left), and the Global Food Team in charge of canned ham exports are taking a commemorative photo. Photo by Lotte Confectionery

View original image

[Asia Economy Reporter Song Seung-yoon] Lotte Confectionery announced on the 29th that it received a commendation from the Ministry of Food and Drug Safety in recognition of its contribution to expanding the export of canned ham from the Republic of Korea.


Lotte Confectionery has actively worked to expand canned ham exports since 2019. The export volume of Lotte Confectionery's canned ham was below 100 tons until 2018, but rapidly increased to 347 tons in 2019 and 1,111 tons in 2020. Last year, it reached 2,926 tons, accounting for 58% of Korea's total canned ham export volume (4,974 tons) according to Customs data. Through this, Korea recorded a trade surplus in canned ham for the first time last year. This year, exports have significantly increased, with the cumulative canned ham export volume reaching approximately 3,302 tons by November, a 22% growth compared to the same period last year. This year, it is expected to account for more than 70% of Korea's canned ham exports and lead the canned ham trade surplus for the second consecutive year.


This achievement is the result of efforts to expand export channels. From the end of 2019, in cooperation with the Ministry of Agriculture, Food and Rural Affairs and the Ministry of Food and Drug Safety, export routes to Singapore were opened in June 2020. In March of last year, ‘Lospam,’ made from Korean pork, was additionally exported to Singapore. In June of the same year, canned ham products were introduced in about 2,000 major hypermarket stores in Taiwan. Currently, Lotte Confectionery's canned ham is exported to Singapore, Taiwan, Hong Kong, the Philippines, and Malaysia, and plans to expand to Indonesia and Japan next year.



Choi Jin-ah, Executive Director of Lotte Confectionery’s Global Sales Division, said, "We are actively pioneering export routes with the reliability of Korean products and the technology that created the country’s first square canned ham," adding, "We will do our best to enhance the global competitiveness of domestic processed meat products through continuous export expansion."


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing