South Korea

The Nagoya Protocol

South Korea commits to the Nagoya Protocol

By Natasha Spencer

As South Korea signs up to the Nagoya Protocol, the cosmetics industry is at risk of placing significant restrictions on raw material imports.

South Korea trade surplus

South Korea’s trade surplus shows K-beauty global power

By Natasha Spencer

As South Korea’s cosmetics industry saw a trade surplus of over three trillion won (€2.3 bn) — how much exports exceed the cost of the country’s imports — K-beauty is now fiercely expanding into European markets.

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