Jin Shi data January 16th news, according to Han Lian News Agency, data released on Thursday showed that the rapid rise of the Korean pop music industry (K-POP) encountered obstacles in 2024, with signs of stagnation in the sales and export of physical albums. According to trade statistics from the Korean Customs Service, the country's record exports last year amounted to 291.8 million US dollars, an increase of only 0.55% compared to 2023. It is significantly slower compared to the double-digit growth in previous years. Since 2019, the Korean K-POP industry has experienced prosperity, with exports soaring from $74.6 million in 2019 to $231.4 million in 2022. Japan remains the largest export destination, reaching $89.8 million, followed by the United States at $60.29 million.
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Güney Kore'nin K-POP endüstrisinin hızlı yükseliş ivmesi engellemelere uğradı
Jin Shi data January 16th news, according to Han Lian News Agency, data released on Thursday showed that the rapid rise of the Korean pop music industry (K-POP) encountered obstacles in 2024, with signs of stagnation in the sales and export of physical albums. According to trade statistics from the Korean Customs Service, the country's record exports last year amounted to 291.8 million US dollars, an increase of only 0.55% compared to 2023. It is significantly slower compared to the double-digit growth in previous years. Since 2019, the Korean K-POP industry has experienced prosperity, with exports soaring from $74.6 million in 2019 to $231.4 million in 2022. Japan remains the largest export destination, reaching $89.8 million, followed by the United States at $60.29 million.