Music industry export value from South Korea 2005-2022
In 2022, the export value of the music industry in South Korea amounted to around 927.6 million U.S. dollars.
K-pop
The main export in the South Korean music industry is K-pop. Korean pop music has been increasingly popular all around the world. In 2022, a survey conducted in 26 countries across the world found that around 46 percent of respondents considered K-pop to be very popular in their country. The most popular K-pop stars worldwide were the boy group BTS.
Music in South Korea
While K-pop is known for being successful outside of South Korea’s borders, Korean music is of course also enjoyed domestically. A 2023 survey found that ballads and K-pop were the most popular music genres in South Korea. The most popular way of listening to music in 2023 was via one's smartphone, by streaming or downloading music. While the South Korean music streaming industry was previously dominated by a handful of domestic streaming services, most notably Melon, YouTube was the most popular music streaming service in 2023.
K-pop
The main export in the South Korean music industry is K-pop. Korean pop music has been increasingly popular all around the world. In 2022, a survey conducted in 26 countries across the world found that around 46 percent of respondents considered K-pop to be very popular in their country. The most popular K-pop stars worldwide were the boy group BTS.
Music in South Korea
While K-pop is known for being successful outside of South Korea’s borders, Korean music is of course also enjoyed domestically. A 2023 survey found that ballads and K-pop were the most popular music genres in South Korea. The most popular way of listening to music in 2023 was via one's smartphone, by streaming or downloading music. While the South Korean music streaming industry was previously dominated by a handful of domestic streaming services, most notably Melon, YouTube was the most popular music streaming service in 2023.
