February 5, 2014
South Korea Is Running Out of Kimchi
Matt Phillips, Quartz
The Associated Press
Strange but true. South Korea runs a kimchi deficit. And it’s getting bigger. South Korean exports of the pungent cabbage dish fell 16.3% in 2013 to $89.2 million. (The weaker yen, which makes Korean kimchi more expensive in Japan was to blame.) And imports, fueled by cheap Chinese kimchi, rose 5.9% to $117.4 million. The result? A culinary cabbage shortfall of $28.1 million.
TAGGED: South Korea, Kimchi