Category: Korea-Food

Korean Food Manufacturers May Move Production to the U.S. Due to Trump’s Tarrif Threats

This is one example of what Trump is hoping his tarrif threats leads to, businesses moving more production to the U.S.:

After years of record exports, especially to the US, Korea’s food industry is now keen to gauge the impact of Donald Trump’s second presidency.

The outspoken leader declared during this campaign that he could impose blanket tariffs of 10 to 20 percent on all US imports, raising concerns for Korea’s key export items such as computer chips and cars. But it is often overlooked that the US remains the largest export destination for Korea’s agricultural and seafood products.

In the first 10 months of this year, Korea’s agricultural and food exports soared 22 percent to $8.19 billion, and the US made up $1.31 billion of the total, driven by growing demand for popular K-foods such as gimbap, tteokbokki and ramyeon.

“Trump’s second term will likely have a significant impact on the K-food industry,” said Lee Hong-joo, a professor of consumer economics at Sookmyung Women’s University. “With possible hikes in tariffs and other non-tariff barriers, the price competitiveness of Korean products could weaken, dampening the consumer demand. Smaller businesses in particular may face higher production costs and weakening profitability.”

But Lee urged strategic shifts to reduce the risks, saying “Companies could reduce tariff burdens and reach local consumers more quickly by expanding production and distribution bases within the US. These localization efforts, in the long run, could help raise their consumer awareness and sales.”

Korea Herald

You can read more at the link.

Data Shows Shin Ramyun is the Best Selling Instant Noodle Brand in South Korea

My kids have done their part to contributing to Shin Ramyun’s popularity because they love eating it. I on the otherhand would rather eat Chapagetti:

Shin Ramyun was the bestselling instant noodles in South Korea last year and Saeukkang was the top selling snack, data showed Sunday.

Retail sales of Shin Ramyun of Nongshim, available in both packaged and cup noodle forms, amounted to 383.6 billion won (US$287.8 million) last year, topping the list of instant noodles, according to the data compiled by the Korea Agro-Fisheries & Food Trade Corp.

Nongshim’s Chapagetti came in next with 213.1 billion won in sales, followed by Jin Ramen with 209.2 billion won and Buldak Ramen, known as hot chicken flavor ramen, with 147.2 billion won.

Yonhap

You can read more at the link.

Activists Call for South Korean Lawmakers to Ban the Sale of Dog Meat

Korea will have come a long way if lawmakers end up banning dog meat:

                                                                                                 From left, Reps. Han Jeong-ae, Nam In-soon, Ko Min-jung and Seo Young-seok of the Democratic Party of Korea, Seoul City Councilor Kim Ji-hyang and HSI Korea Executive Director Chae Jung-ah hold a press conference at the National Assembly in Seoul, Monday, calling for a legislative ban on the consumption of dog meat. Newsis
From left, Reps. Han Jeong-ae, Nam In-soon, Ko Min-jung and Seo Young-seok of the Democratic Party of Korea, Seoul City Councilor Kim Ji-hyang and HSI Korea Executive Director Chae Jung-ah hold a press conference at the National Assembly in Seoul, Monday, calling for a legislative ban on the consumption of dog meat. Newsis

Lawmakers and animal rights advocates joined forces, Monday, to urge the National Assembly to introduce a legislative bill that will permanently end the consumption of dog meat and eliminate the cruel industry. 

The group of four lawmakers, all of whom are from the main opposition Democratic Party of Korea, one Seoul City councilor and an animal rights advocate delivered their message in a press conference at the Assembly in Seoul, one day ahead of this year’s “chobok,” which marks the beginning of the hottest part of summer.

Traditionally, Koreans consumed dog meat on the day to replenish their strength against the hot weather, but this practice has been on a sharp decline, and more people opt for samgyetang, a soup containing chicken and ginseng.

Korea Times

You can read more at the link, but I can remember the years prior to the 2002 World Cup where the boshintang restaurants could be easily spotted. However, because of the international attention of the World Cup these restaurants became much more discreet. Now a days I hardly ever see them as Korean consumers have largely given up on eating dog meat.

My biggest problem with dog farming in South Korea is that some of these farmers are very inhumane with dogs raised in small cages and then beaten to death to better tenderize the meat.