ROK’s ‘kimchi deficit’ hits record high
SEOUL — The Republic of Korea’s trade deficit in kimchi, its proud traditional side dish of fermented cabbage, reached an all-time high last year as low-priced Chinese imports flooded the market, statistics showed on Wednesday.
The spicy foodstuff is emblematic of Korean cuisine and accompanies almost every meal served in the country, whatever its culinary origins, with kimchi-making still an important annual ritual for many families.
But the commercial market has been deluged by Chinese producers in recent years, resulting in what has been dubbed the “kimchi deficit”.
The ROK imported more than 275,000 tons of kimchi last year, 99 percent of it from China, the Korea Customs Service said, and exported just over 24,000 tons.
The deficit stood at $47.3 million by value, up 11 percent year-on-year and the largest since the KCS began tracking the data in 2000.
Price is a major factor in the trade, with imports costing just $0.5 per kilogram in 2016, according to Korea Agro-Fisheries & Food Trade Corp, while exports — primarily destined for Japan — averaged $3.36 per kilogram.
According to the country’s World Institute of Kimchi, nearly 90 percent of the kimchi purchased by ROK restaurants in 2016 was imported from China.
The kimchi trade first went into deficit in 2006, triggering soul-searching and a headline-grabbing scandal.
UNESCO inscribed kimchi on its intangible cultural heritage list in 2013, saying: “It forms an essential part of Korean meals, transcending class and regional differences.”
Kimchi-making “reaffirms Korean identity and is an excellent opportunity for strengthening family cooperation”, it said.
There are regional differences in the product, UNESCO added, and the specific methods and ingredients are considered an important family heritage, typically transmitted from a motherin-law to her newly married daughter-in-law.