Rural Convergence Industry Businesses See 34% Sales Increase Compared to 2 Years Ago

The sales of 'Rural Convergence Industry Enterprises,' which create added value by utilizing agricultural products, nature, and culture in rural areas, have increased by 34% over the past two years.

The Ministry of Agriculture, Food and Rural Affairs announced the results of the '2023 Basic Survey on Rural Convergence Industry' on the 30th, highlighting this information. The ministry conducts a survey on the status of rural convergence industries every two years based on relevant laws.

The number of enterprises engaged in rural convergence industries was 100,869, a 3.1% (3,198 enterprises) decrease compared to 2021, but total sales amounted to 31.1677 trillion KRW, a 34% increase from two years ago.

Looking at sales by type, primary industry sales were the highest at 11.5629 trillion KRW, followed by tertiary (10.0102 trillion KRW) and secondary (9.5946 trillion KRW) industries. The average annual sales per enterprise were 309 million KRW, a 30% increase from two years ago.

The number of employees was 383,525, a 17% increase from two years ago. On average, each enterprise employed 3.8 people, with corporations employing 8.2 people and farms employing 3.2 people by type.

By industry type, the 1×2×3 industry accounted for the largest share at 71.3%, followed by 1×3 industry (19.1%) and 1×2 industry (9.6%). Among detailed industries, the secondary industry was mostly food processing (79.2%), while the tertiary industry operated businesses such as direct sales stores (82.6%), experience and tourism (9.2%), and food and beverage establishments (5.5%).

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