South Korea’s exports of cosmetic products have sharply increased in the first two months of the year despite China’s economic retaliation over the scheduled installment of the U.S. THAAD antimissile system in South Korea.
 
According to the Korea Cosmetic Association on Wednesday, South Korea exported 450 million dollars worth of cosmetic goods last month, a surge of 82-point-eight percent from the same month a year earlier. The exports of cosmetics in January also grew by 26 percent from last year.
 
The combined cosmetic exports to China in January and February also grew by 51-point-six percent from the same period last year.
 
China purchased 41-point-five percent of South Korea’s cosmetic exports last month, a 34-point-two percent increase from January.
 
Thanks in part to the popularity of the Korean Wave in China, South Korea’s exports of cosmetic products increased by more than five-fold in three years, from 300 million dollars in 2013 to one-point-56 billion dollars last year.