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Japanese beer loses top position in S. Korea's imported beer market to Belgium and U.S.

2019-08-16 1 Dailymotion

Japanese beer has been among the hardest hit from the ongoing boycott of Japanese goods in South Korea.<br />Once extremely popular in South Korea, they've seen sales flatlne over the past several weeks as the anti-trade curb boycott started to pick up steam.<br />It's so bad that from having the largest market share among imported beers, they've plunged to third in a matter of weeks.<br />Lee Seung-jae reports.<br />Since 2009,... Japanese beer has been the leading imported beer in South Korea.<br />But new data from Korea Customs Service show sales have significantly dropped since South Koreans began a mass boycott of Japanese goods amid the ongoing trade row between Seoul and Tokyo.<br />According to Korea Customs Service,... South Korea imported just 43-point-4 billion U.S. dollars worth of Japanese beer products in July,... down a staggering 45-percent from the previous month's 79 billion dollars.<br />Japanese beer now ranks a lowly third in South Korea's imported beer market,... after Belgium and the United States.<br />In July,... Belgian beer recorded over 45-billion dollars in sales,... an increase of nearly 50-percent from the month before.,... while American beer products saw sales of over 44-billion dollars,... almost doubling from the previous month.<br />Once the most popular imported beer in the nation,... Japanese beer products have already seen a sales decrease of 98-point-8 percent in the first 10 days of August compared to the previous year,... with fewer Koreans seeking to quench their thirst with a can of Japanese beer amid the trade dispute between their two countries.<br />Lee Seung-jae, Arirang News.<br />

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