The Korea Herald

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[Graphic News] S. Korea’s trade surplus in beauty products hits new high

By Nam Kyung-don

Published : Oct. 3, 2019 - 18:13

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South Korea’s trade surplus in beauty products hit an all-time high of 5.47 trillion won ($4.56 billion) last year on the back of strong demand from China and other Asian countries, government data showed.

Outbound shipments of cosmetics stood at 6.89 trillion won last year, up 23.3 percent on-year, while imports grew 6.8 percent to 1.42 trillion won, according to the data compiled by the Ministry of Food and Drug Safety. (Yonhap)