Ramyeon exports set to rise 30% in 2027 on expanded production: sources
Korea's ramyeon exports are expected to increase 30 percent in 2027 from a year earlier, driven by expanded production capacity, industry sources said Thursday. Ramyeon shipments rose 26 percent to $1.59 billion in the January-October period, already surpassing last year's full-year growth rate of 22 percent and total exports of $1.52 billion, according to data from the trade ministry and other…
The Korea Times reports that Korea's ramyeon exports are anticipated to rise by 30% in 2027, thanks to increased production capacity, according to industry sources. Ramyeon shipments have already grown by 26% to $1.59 billion from January to October, surpassing the previous year's full-year growth rate of 22%. Major ramyeon producers, such as Nongshim, are investing in new production facilities, with Nongshim recently opening its first export-focused plant in Busan.
Nongshim currently generates about 40% of its ramyeon sales from overseas markets, including the US, China, and Japan.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
