Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Apple market cap reaches 4.94 trillion to top Nvidia

    July 29, 2026

    Gold prices fall on strong dollar ahead of central bank meeting

    July 29, 2026

    PR Newswire Expands AEO & GEO Brand Report to Europe, the Middle East, India and Africa

    July 29, 2026
    Facebook X (Twitter) Instagram
    Maghreb DailyMaghreb Daily
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Maghreb DailyMaghreb Daily
    Home » Korean cosmetics exports hit US$5.6 billion in five months
    Business

    Korean cosmetics exports hit US$5.6 billion in five months

    June 8, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Email

    SEOUL, SOUTH KOREA / MENA Newswire / — South Korea’s cosmetics exports reached US$5.6 billion in the first five months of 2026, government data showed, rising from US$4.6 billion a year earlier. The increase put Korean cosmetics at the top of the country’s major consumer goods export categories. The Ministry of Trade, Industry and Resources reported the January to May figures as K-beauty products continued to gain overseas sales.

    Cosmetic products neatly arranged with a matching peach and coral toned background.
    Korean skincare and makeup exports extended their record run in global markets.

    The data showed cosmetics led five major consumer goods groups tracked by the government. Those categories cover agricultural and fishery products,  cosmetics, fashion apparel, household goods and pharmaceuticals. Agricultural and fishery products had held the top spot for the previous three years. Cosmetics moved ahead after sustained growth in skincare, makeup and other Korean beauty exports.

    The latest figures add to a record run for South Korea’s cosmetics industry. Exports first passed US$10 billion in 2024. They then reached an all-time high of US$11.4 billion in 2025. The Ministry of Food and Drug Safety earlier said 2025 exports rose 12.3 percent from 2024, with the United States ranking as the largest market.

    Cosmetics lead consumer exports

    The export rise came despite weaker shipments to China, long one of South Korea’s largest beauty markets. Government data showed stronger sales in the United States and Europe. The shift helped support total Korean cosmetics exports in the January to May period. K-beauty brands also remained visible in global retail channels, including skincare, masks, serums and makeup products.

    First-quarter data had already pointed to a strong start to 2026. Korean beauty product exports reached US$3.1 billion from January to March, up 19 percent from a year earlier. That was a first-quarter record. The five-month figure showed the pace continued through April and May, as cosmetics stayed among South Korea’s better performing export products.

    K-beauty sales broaden overseas

    The United States was South Korea’s largest cosmetics export market in 2025, with shipments of US$2.2 billion. China and Japan followed among the main destinations. The top 10 markets accounted for more than 70 percent of total exports last year. South Korea also expanded its cosmetics export reach to 202 countries in 2025, compared with 172 in 2024.

    The latest export total highlights the growing role of cosmetics in South Korea’s consumer goods trade. K-beauty exports now include a wide range of mass-market and premium products. The sector’s 2026 performance also builds on two straight annual milestones, with exports crossing US$10 billion in 2024 and setting a new record in 2025.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Gold prices fall on strong dollar ahead of central bank meeting

    July 29, 2026

    Senate crypto bill faces pushback over conflict of interest rules

    July 28, 2026

    Heat intensifies severe drought across European nations

    July 24, 2026
    Latest News

    Apple market cap reaches 4.94 trillion to top Nvidia

    Technology July 29, 2026

    The valuation shift reflects broader recalibrations across international financial markets as institutional managers re-evaluate capital commitments tied to artificial intelligence infrastructure. While competing hyperscale computing enterprises including Alphabet and Tesla accelerated capital investments toward data centers, robotics, and autonomous transport networks, Apple maintained disciplined expenditure controls over consecutive fiscal quarters. Market participants increasingly view Apple’s disciplined spending approach as a operational buffer, allowing the firm to expand its proprietary Apple Intelligence software ecosystem without incurring high infrastructure depreciation costs. Trading patterns across major equity benchmarks highlighted diverging sentiment between hardware component suppliers and consumer technology platforms. Nvidia shares experienced increased selling pressure alongside wider pullbacks across semiconductor equities, as investors scrutinized the timeline for financial returns on massive artificial intelligence data center investments. The Philadelphia Semiconductor Index recorded notable weekly declines as market participants reassessed elevated valuation multiples across pure-play chipmakers. Despite persistent demand for graphics processing units, concerns surrounding energy supply constraints, macroeconomic interest rate trajectories, and capital expenditure intensity weighed on semiconductor equity prices.

    Gold prices fall on strong dollar ahead of central bank meeting

    July 29, 2026

    Porsche to cut 5000 more jobs under restructuring plan

    July 28, 2026

    Senate crypto bill faces pushback over conflict of interest rules

    July 28, 2026

    May foreign tourist arrivals drive South Korea travel surplus

    July 27, 2026

    Extreme heat wave triggers emergency alerts across Daegu

    July 27, 2026

    Heat intensifies severe drought across European nations

    July 24, 2026

    Amazon wildfires in Brazil fall to lowest level in four decades

    July 23, 2026
    © 2026 Maghreb Daily | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.