K-content Sales Reach 157 Trillion Won, Exports 14 Billion Dollars in 2024...Record-high Performance

Ministry of Culture, Sports and Tourism Releases "2025 Content Industry Survey"
Exports Exceed Imports Across All Sectors
Games Account for 60.4% of Exports... Broadcasting and Video Top in Sales

Yonhap News Agency

Korea's content industry achieved record-high sales and exports simultaneously in 2024.

According to the "2025 Content Industry Survey" released by the Ministry of Culture, Sports and Tourism on the 27th, total sales in the domestic content industry in 2024 amounted to 157.4021 trillion won, up 2.1% from a year earlier.

During the same period, exports increased by 5.5% to 14.07543 billion dollars. The trade balance, after subtracting imports of 915.56 million dollars, recorded a surplus of 13.15987 billion dollars.

By sector, broadcasting and video recorded sales of 24.9943 trillion won, accounting for the largest share at 15.9% of the total. The knowledge information industry followed with 24.6991 trillion won (15.7%), the publishing industry with 24.2238 trillion won (15.4%), and the game industry with 23.8515 trillion won (15.2%). An official at the Ministry of Culture, Sports and Tourism said, "In all eleven sectors, exports exceeded imports."

Export growth was led by the game industry, which posted 8.50347 billion dollars, accounting for 60.4% of total exports. The music industry recorded 1.80145 billion dollars, and the broadcasting and video industry recorded 1.25718 billion dollars, respectively.

The industrial ecosystem also expanded in scale. The number of businesses in the content industry rose 2.4% year-on-year to 120,875, while the number of employees increased 3.4% to 688,121.

Lim Seonghwan, Director-General for Cultural Industry Policy at the Ministry of Culture, Sports and Tourism, said, "K-content has once again proven its underlying strength and competitiveness despite challenging external economic conditions," adding, "We will continue to strengthen policy support and actively back expansion into overseas markets so that it can firmly establish itself as a core growth engine of the Korean economy."

This content was produced with the assistance of AI translation services.