‘Malaysia-Korea deal set to boost local exports’
Malaysia-South Korea economic ties will be strengthened when a free trade agreement (FTA) is finalized by the first quarter of next year
SEOUL, South Korea (MNTV) – Malaysia-South Korea economic ties will be strengthened when a free trade agreement (FTA) is finalized by the first quarter of next year, paving the way for Malaysian-made halal food products to enter the East Asian nation, reports The Star.
Malaysian ambassador to South Korea Mohd Zamruni Khalid said there is untapped potential of halal-certified Malaysian products in Korea’s robust convenience food market valued at $7.27 billion and projected to grow at 11.43 percent annually until 2030.
Malaysia’s exports of processed foods to South Korea have risen by 6.1 pc to reach $154.8 million last year, he noted.
“Halal-certified, high-quality and convenience-oriented Malaysian brands are well positioned to capture a larger market share in Korea’s premium food segment,” he said during the Asean Trade Fair 2025 in Ilsan, Goyang.
Zamruni spoke of opportunities available for premium processed foods and snacks featuring Malaysian flavors as well as halal-certified convenience foods. “We expect growth potential in frozen tropical fruits (such as durians) and niche ingredients.”
According to Mohd Zamruni, there is growing demand in South Korea for halal, organic and sustainably-sourced products.
He said Malaysian brands can capitalize on this trend by providing transparent supply-chain documentation.
Zamruni underscored the importance of aligning Malaysia’s globally-recognized halal certification by the Malaysian Islamic Development Department (Jakim) with Korean Muslim-friendly frameworks, saying this could foster trust among new consumers. “The Korean Muslim Federation works closely with Jakim on certification,” he added.
Zamruni said the growing recognition for high-quality products with halal certification has made more South Korean companies interested to venture into halal products.
“Even without the FTA, trade between South Korea and Malaysia has surpassed over $20 billion over the past four years.”