Korean Beer Gains Market Share in Iraq

By John Lee.

South Korea has become the third largest supplier of beer to Iraq, with exports to the country reaching 6,384 tons, or US$4.48 million, last year.

This puts South Korea behind Hong Kong (55,484 tons) and China (20,112 tons).

Four years ago, South Korea ranked as the country’s seven-largest beer exporter.

According to a report from Yonhap, market watchers attributed the growing demand or Korean beer to the popularity of Korean culture in the Middle East, and to the lower alcohol level Korean beer; most beer in the Iraqi market has over 8 percent alcohol compared with 4.5 percent for Korean products.

An official at Korean beermaker Hite Jinro said that Korean beer is selling well in northern Iraq, where the drinking culture is more readily accepted than in other regions.

(Source: Yonhap)

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