"K-Ramen Captivating the World, Export Value Surpasses 1 Trillion Won for the First Time"

Up 24.7% YoY Through October This Year
Record High... Export Weight Also Expected to Reach All-Time High

Exports of K-Ramen have surpassed 1 trillion won for the first time in history.

Ramen is displayed at a large supermarket in Seoul. [Image source=Yonhap News]

According to the Korea Customs Service trade statistics on the 20th, ramen exports from January to October this year amounted to 785.25 million USD, a 24.7% increase compared to the same period last year. Applying an exchange rate of 1,300 KRW per USD to the ramen export amount during this period results in export revenue of 1.0208 trillion KRW. This is the first time ramen exports have exceeded 1 trillion won. It has already surpassed last year's previous annual record of 765.41 million USD. Since 2015, the record has been broken for nine consecutive years. Considering the remaining two months of the year, November and December, the annual export amount for this year is expected to be around 1.2 to 1.3 trillion KRW.

When converted to weight, ramen exports from January to October this year totaled 201,363 tons, a 13.9% increase compared to the same period last year. This is close to last year's annual export volume of 215,953 tons, and adding the export volume for November and December is also expected to set a new record.

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