Exports grew more than 20% last year, boosting profile of 'K-milk' abroad
Seoul Milk Cooperative announced Thursday it has signed a memorandum of understanding with Fu Lu Shou, a Cambodian food retail company, to expand exports to Cambodia.
The signing ceremony took place Wednesday at Seoul Milk's Yangju factory and was attended by Seoul Milk Cooperative President Moon Jin-seop and Fu Lu Shou Chairman Sok Samnang, among others. Fu Lu Shou operates a distribution network spanning 145 wholesalers in Phnom Penh and 24 regions across Cambodia.
Seoul Milk said it plans to use the agreement as a springboard for broader expansion into Southeast Asia. Cambodia offers strong growth potential given its high birth rate, young population and pronounced preference for Korean food products. According to global market research firm Fitch Solutions, Cambodia's food market is projected to reach $13.8 billion by 2028, growing at an average annual rate of around 7 percent.
Seoul Milk currently exports products to about 17 countries, including China, the United States, Cambodia and nations in South America. The cooperative achieved export growth of more than 20 percent in 2025 compared with the previous year. In May, it launched processed UHT milk in Kazakhstan and bar-type ice cream in Taiwan. In June, it plans to expand its processed UHT milk lineup — including a matcha flavor — for markets in the Americas. It is also preparing to export Enfant UHT milk and A2+ UHT milk to Vietnam.
korean@heraldcorp.com
