The Republic of Korea (RoK) said on August 10 that it has completed negotiations with Vietnam to export paprika, a type of bell pepper, to the Southeast Asian country.
Paprika, a type of bell pepper (Source: Yonhap News)
Seoul (VNA) – The Republic of Korea (RoK) said on August 10 that it hascompleted negotiations with Vietnam to export paprika, a type of bell pepper,to the Southeast Asian country.
TheRoK had been negotiating with Vietnam since 2008 on export terms for paprika,according to the Ministry of Agriculture, Food and Rural Affairs.
Koreanexports of paprika reached 91.5 million USD in 2019, with Japan accounting for99.7 percent of the volume. Other destinations include Taiwan, Hong Kong,Singapore and Russia.
Lastyear, Vietnam imported 16 million USD worth of Korean pears, followed bystrawberries with 6.6 million USD. Grapes and apples were also among thepopular Korean agricultural products in Vietnam.
Vietnamwas the third-largest export destination for the RoK in 2019, with China andthe US standing as the top two.
TheRoK’s combined exports to Vietnam in 2019 reached 48 billion USD, down 0.9percent from a year earlier./.
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Paprika, a type of bell pepper (Source: Yonhap News) 
