GS Retail’s craft beer exports grow 18 times over past 3 1/2 years

SEOUL– GS Retail, the operator of GS25 convenience stores, said Wednesday exports of its craft beer products surged over 18 times between 2019 and the first half of 2022 amid a global craft beer boom.

GS said its total exports of craft beer reached US$560,000 in the first six months of this year, compared with $30,000 for the whole of 2019.

The company said it set its overseas sales target at $1 million this year.

Since 2019, GS Retail has been joining hands with local beer breweries and supplying their canned beer products to overseas retail channels.

Currently, the convenience store chain exports 15 types of craft beer made from five independent beer breweries in South Korea to 13 countries, including Germany, Switzerland and Australia.

Source: Yonhap News Agency