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South Korea’s Top 10 Wine Exporters in October 2021

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South Korea raised its importation of wines from international sources in October.

According to the Korea Customs Service, there were US$48 million worth of imported wines that came through the South Korean ports in the month, 41% higher compared to the same month last year.

France was the country’s biggest exporter with US$16.3 million wines delivered, an 80% jump over last year.

Wine imports from Chile and Italy also saw growth, rising by 26% and 50%, respectively.

There were also increases in the importation of wines from the United States, Australia, and Spain, up 10%, 34% and 18%. 

South Korea bought three times more New Zealand wines worth US$1.75 million compared to the past year.

Wine imports from Argentina and Portugal both declined by 11% and 21%, while there was no change in the importation of German wines at around US$400,000.

In the bottle categories, the country imported more wines in 2 liter or less containers, up 44% to US$40.3 million. Wine imports in containers more 2 liters but less than 10 liters fell by 13% while other bottled wines from overseas surged by 50% in value.

Year to date, South Korea bought US$458 million worth of imported wines, expanding by 79% from the level seen in the same period previously. 

South Korea’s Top 10 Wine Exporters in October 2021 vs 2020

Rank Country Value in 2021 Value in 2020 % Change
1 France US$16,269,000 US$9,051,000 +80%
2 Chile US$7,879,000 US$6,237,000 +26%
3 Italy US$7,107,000 US$4,742,000 +50%
4 United States US$6,832,000 US$6,194,000 +10%
5 Australia US$3,005,000 US$2,244,000 +34%
6 Spain US$2,755,000 US$2,325,000 +18%
7 New Zealand US$1,754,000 US$545,000 +222%
8 Argentina US$929,000 US$1,038,000 -11%
9 Portugal US$568,000 US$721,000 -21%
10 Germany US$401,000 US$401,000 =
Total US$48,211,000 US$34,211,000 +41%
Source: South Korea Customs

Bottled Wine Categories in October 2021 vs 2020

Wine Category Value in 2021 Value in 2020 % Change
In containers holding 2L or less US$40,267,000 US$27,911,000 +44%
In containers holding more than 2L but not more than 10L US$232,000 US$268,000 -13%
Other US$811,000 US$542,000 +50%
Source: South Korea Customs

South Korea’s Top 10 Wine Exporters YTD 2021 vs 2020

Rank Country Value in 2021 Value in 2020 % Change
1 France US$144,834,000 US$71,785,000 +102%
2 United States US$74,027,000 US$43,847,000 +69%
3 Italy US$73,666,000 US$36,559,000 +102%
4 Chile US$63,093,000 US$45,901,000 +37%
5 Spain US$34,556,000 US$20,420,000 +69%
6 Australia US$27,749,000 US$15,158,000 +83%
7 New Zealand US$12,908,000 US$4,986,000 +159%
8 Argentina US$9,017,000 US$5,519,000 +63%
9 Portugal US$5,947,000 US$3,045,000 +95%
10 Germany US$3,943,000 US$2,182,000 =
Total US$457,576,000 US$254,732,000 +79%
Source: South Korea Customs

Bottled Wine Categories YTD 2021 vs 2020

Wine Category Value in 2021 Value in 2020 % Change
In containers holding 2L or less US$386,103,000 US$212,841,000 +81%
In containers holding more than 2L but not more than 10L US$3,215,000 US$2,536,000 +27%
Other US$6,416,000 US$3,832,000 +67%
Source: South Korea Customs

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