Agriculture & Food

According to the customs statistics released on the 7th, the import volume of Japanese beer in January this year was US $2.04 million, a year-on-year increase of 314.9%, a new high since Japan took the export restrictions on semiconductor raw materials to South Korea in July 2019.

According to customs data, the import value of Japanese beer in South Korea reached 4.342 million US dollars in July 2019, but was directly reduced to 6000 US dollars in September of the same year due to the boycott of Japanese goods movement against Japan's trade restriction measures. Famous brands such as Asahi, Sapporo and Kirin even disappeared in large supermarkets and convenience stores in South Korea.

According to customs data, the import of beer from Japan in 2018 was 78.3 million US dollars, halved to 39.756 million US dollars in 2019, and dropped to 5.668 million US dollars in 2020. After that, it increased from a decline to an increase. According to customs data, it increased slightly to US $6.875 million in 2021; In 2022, it will increase to US $14.484 million, with an increase of 110.7%.

In addition, the proportion of Japanese beer in the total beer imports has also increased from a decline. According to customs data, this proportion reached 25.3% in 2018, decreased to 14.2% in 2019, and contracted to 2.5% in 2020. In 2021, it began to show an increase of 3.1%, and rose to 7.4% last year, but it is still far from the previous trade restriction measures.