GWANGJU < invest Korea

According to Yonhap News,  

Gwangju City and Jeollanam-do (province) recorded USD 446 million in exports of agricultural food, up 13.1 percent on-year last year, according to Korea Agro-Fisheries Trade Corporation.

Gwangju saw its exports rise 15.5 percent from USD 131 million in 2011 to USD 152 million in 2012. Jeollanam-do posted a year-on-year increase of 11.9 percent from USD 263 million to 294 million during the same period.

By item, exports of agricultural products grew 13.4 percent to USD 235 million, fishery products 13.3 percent to USD 169 million and forest products 25.5 percent to USD 34 million, while those of livestock products declined 27.1 percent to USD 7 million.

Paprika, in particular, showed a whopping 72 percent year-on-year increase to USD 12 million, prompted by the expansion of cultivation facilities including glass greenhouses and a strong Japanese yen.

Dried laver also surged 106 percent to USD 28 million, triggered by a growing popularity in the Southeast Asia.

Gwangju and Jeollanam-do are responsible for 5.6 percent of Korea's total agricultural food exports of USD 8.007 billion.

Source Text

Source: Yonhap News (Jan. 16, 2013)

** This is the translation of a Korean article.