South Korea’s outbound shipments of cosmetics increase sharply in the first five months of the year, with government trade data showing beauty products become the country’s top consumer-goods export category. Across January to May, cosmetics exports reach $5.6 billion, up from $4.6 billion a year earlier, according to data cited from the Ministry of Trade, Industry and Resources. The ministry says demand for South Korean cosmetics continues to grow in Europe and the United States even as exports decline to China, which has been one of the country’s largest overseas markets. In the set of five major consumer goods categories—agricultural and fishery products, cosmetics, fashion apparel, household goods and pharmaceuticals—cosmetics move ahead of the previously leading agricultural and fishery products. This change marks a shift in ranking for the period covered, where agricultural and fishery goods had held the top spot over the past three years. Separately, one outlet notes that cosmetics exceeded $10 billion in exports for the first time in 2024, indicating sustained momentum going into the current year.
South Korea’s cosmetics exports rise to $5.6 billion in January–May
South Korea’s outbound shipments of cosmetics increase sharply in the first five months of the year, with government trade data showing beauty products become the country’s top consumer-goods export c...
- South Korea’s cosmetics exports total $5.6 billion in January–May, up from $4.6 billion a year earlier.
- Cosmetics become the top export item among South Korea’s five major consumer goods categories.
- Exports rise in Europe and the United States, while shipments to China decline.
- Agricultural and fishery products previously led among the five consumer categories over the past three years.
- One report says cosmetics exports surpassed $10 billion for the first time in 2024.
Cosmetics have become the top export item among the country's five major consumer goods categories, overtaking agricultural and fishery products.
2 months agoSouth Korea's outbound shipments of cosmetics jumped sharply from a year earlier in the first five months of the year, making beauty products the country's top consumer export item, government data showed Sunday. Combined outbound shipments of Korean beauty products came to $5.6 billion during the January-May period, up from $4.6 billion recorded a year earlier, according to the data from the Ministry of Trade, Industry and Resources. The ministry said demand for South Korean cosmetics has continued to expand in Europe and the United States, despite a decline in exports to China, traditionally one of the country's largest overseas markets. Notably, cosmetics became the top export item among the country's five major consumer goods categories -- agricultural and fishery products, cosmetics, fashion apparel, household goods and pharmaceuticals. Over the past three years, agricultural and fishery products had consistently ranked as the largest export category among the five consumer goods sectors. South Korea's cosmetic exports surpassed the $10 billion mark for the first time in 2024, before
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