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Despite the challenging economic environment, Korea’s wine imports in 2018 totaled a record high $244 million, up 16.2 percent from 2017.
Wine consumption in Japan has risen steadily over the last decade. Imports were valued at $1.65 billion in 2018, and account for nearly 70 percent of the market.
The imported beer market in South Korea continues robust growth due to strong consumer demand for diversified flavors and higher quality.
Seventeen U.S. exhibitors reported projected 12 month sales of over $105,000 through their participation in the Hong Kong International Wine and Spirits Fair 2018.
ATO Hong Kong and the U.S. Dairy Export Council organized a U.S. artisanal cheese tasting event on November 8, 2018, showcasing around 40 types of cheese to over 60 distinguished guests....
Six participants with nine booths at the U.S.A. Pavilion reported on-site sales and orders of over US$85,000 and US$30,000, respectively, at Hong Kong’s Wine and Dine Festival 2018.