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…
Korea's ramyeon exports are anticipated to surge by 30% in 2027, according to industry sources. The growth is attributed to the expansion of production capacity, which has already resulted in a 26% increase in shipments to $1.59 billion from January through October. This performance surpasses the full-year growth rate of 22% from the previous year, which was $1.52 billion according to trade ministry data.
Major ramyeon manufacturers plan to continue investing in production facilities to sustain export growth, a statement from an industry official revealed. Nongshim, the leading instant noodle maker in Korea, inaugurated its first export-focused plant last month in the port city of Busan. Currently, the company contributes around 40% of its total ramyeon sales to overseas markets, including the United States, China, and Japan.
With seven plants in Korea and six overseas facilities - two in the US and four in China - Nongshim sells well-known products such as Shin Ramyun, Chapagetti, and Neoguri globally. Another prominent player, Samyang Foods, is also recognized for its popular Buldak spicy chicken noodle soup, widely consumed around the world.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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