Japan was the largest source of imported beer in South Korea for the past 10 years. South Korean import of Japan beer dramatically falls by 85% for the last 4 consecutive months. According to the government of South Korea data, in January, February, and March, import of Japanese beer products plunged by 98.2%, 92.7%, and 87.1% from a year earlier, respectively.
South Korea was spending 7.9 billion yen (US$73.1 million) on Japanese beer, which is 61% of Japan’s beer export value; last month it plunged to US$ 630,000. Since . . .
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