Various ramen brands were exhibited at a major supermarket in Seoul, as South Korea's exports of instant noodles, or ramyeon, were reported to have surged to approximately $800 million in the first eight months of this year. This marked a significant increase of 31.7 percent compared to the same period last year, as indicated by data from the Ministry of Agriculture, Food and Rural Affairs. Notably, exports to China rose by 26.9 percent to $160 million, while shipments to the United States saw a substantial 61.5 percent growth, reaching $140 million, reflecting the global popularity of Korean instant noodles. Major ramyeon companies such as Nongshim Co. and Samyang Foods Co. have expressed their intentions to expand further into the international market, particularly in the US and Europe, in the coming months. Nongshim is planning to set up a sales unit in Europe at the beginning of next year, while Samyang is in the process of building a new manufacturing facility in Milyang for export purposes, signaling their commitment to strengthening their presence in overseas markets.
Various ramen brands were exhibited at a major supermarket in Seoul, as South Korea's exports of instant noodles, or ramyeon, were reported to have surged to approximately $800 million in the first eight months of this year. This marked a significant increase of 31.7 percent compared to the same period last year, as indicated by data from the Ministry of Agriculture, Food and Rural Affairs. Notably, exports to China rose by 26.9 percent to $160 million, while shipments to the United States saw a substantial 61.5 percent growth, reaching $140 million, reflecting the global popularity of Korean instant noodles. Major ramyeon companies such as Nongshim Co. and Samyang Foods Co. have expressed their intentions to expand further into the international market, particularly in the US and Europe, in the coming months. Nongshim is planning to set up a sales unit in Europe at the beginning of next year, while Samyang is in the process of building a new manufacturing facility in Milyang for export purposes, signaling their commitment to strengthening their presence in overseas markets.