The United States surpassed China and became the second-largest K-pop music export market after Japan, lamenting that K-pop is becoming a genre in North America.
K-pop album exports soared to a record high in the first half of this year, showing their unstoppable popularity.
According to the Korea Customs Services’ import and export trade statistics today (18th), the amount of album exports from January to June of this year was 132.934 million dollars (about 168.5 billion won), up 17.1% from the same period last year.
This is the highest ever for the first half of the year.
Japan was the top export destination with 48,523,000 dollars (about 61.5 billion won) in the first half of this year.
It was followed by 25.519 million dollars in the United States (about 32.3 billion won) and 22.64 million dollars in China (about 28.7 billion won), forming the ‘Big 3’.
Germany, Taiwan, Hong Kong, the Netherlands, Canada, the United Kingdom and France were also in the top 10.
What is K-pop?
K-pop, short for Korean pop music, has become a global phenomenon. Originating in South Korea, it has captivated audiences worldwide. Transitioning between various musical styles, including pop, hip-hop, R&B, and electronic, K-pop boasts catchy tunes. Furthermore, it showcases intricate choreography and visually stunning music videos. K-pop idols, talented and charismatic performers, have garnered a massive fan base internationally. The industry’s success can be attributed to its strategic marketing and promotion tactics. Additionally, K-pop fandoms actively engage on social media platforms, supporting their favorite artists passionately. The genre’s influence extends beyond music, as it encompasses fashion, beauty, and entertainment. K-pop concerts and fan events create a unique and immersive experience for fans. Undeniably, K-pop’s cultural impact and global reach continue to expand, making it a significant force in the music industry.
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