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INTERNATIONAL > East Asia & Pacific

Beer exports to South Korea drop to almost zero

  • October 31, 2019
  • , Asahi, Sankei
  • JMH Summary

Asahi and Sankei took up data released by the Finance Ministry, highlighting that in monetary terms, beer exports to South Korea in September amounted to only 588,000 yen ($5,500), down 99.9% from a year ago. Exports of other food products, such as soy sauce and sake, also plummeted by 70 to 90%. The plunges were reportedly attributed to the continued boycott of Japanese products by some local consumers. The corresponding figure for hydrogen fluoride, a key material used in the production of semiconductors, was 3.72 million yen ($35,000), down 99.4%. Japan’s tightened screening of Korea-bound exports of the strategic material reportedly caused the decline.   

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