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K-content industry sets another export record in 2020 at  $11.92 billion
K-content industry sets another export record in 2020 at $11.92 billion
CultureJan 24, 2022
South Korean contents enjoyed robust demand overseas in 2020, defying the overall decline in exports and tepid growth in the domestic market, the Ministry of Culture, Sports and Tourism data showed on Monday. A 2021 research study on the cultural content industry which encompasses 11 sub-areas showed that the exports in 2020 jumped 16.3 percent to $11.92 billion from the previous year. “Exports of cultural contents have been setting a new record each year, but this time it is worth n