Imports of Japanese Beer Drop 45.1% in July on Month
The Korea Customs Service announced on Aug. 15 that South Korea’s beer imports from Japan totaled US$4,342,000 in July this year, down 45.1 percent from a month ago.
In the South Korean market, Japanese beer has topped the others in annual imports all the way since 2009. In the first half of this year, the imports amounted to no less than US$34,796,000.
However, a decrease in Japanese beer imports is likely to accelerate down the road. According to the Korea Customs Service, the imports plummeted 98.8 percent on year for the first 10 days of this month.
On the other hand, South Korea’s Belgian beer imports jumped 49.5 percent to US$4,563,000 and its American beer imports soared 95.7 percent to US$4,443,000 last month. Japanese beer came in third, followed by Dutch and Chinese. Those imports were US$3.1 million and US$3,087,000, respectively.