Browse Data and Analysis

The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.

After reaching a five-year high in 2024, Korea’s potato production will return to average levels in 2025.

Korea’s marketing year (MY) 2024/25 citrus production is forecast down 2.6 percent to 565,000 MT, a 10-year low, on gradually declining acreage and adverse weather conditions. Jeju Island, where nearly all Korean citrus is grown, experienced a prolonged summer heat wave lasting into mid-September, followed by excessive fall rain, which caused fruit cracking and rot.

Korea depends heavily on imports to meet the demand for dried fruits, though overall demand has seen a slight decrease over the last five years. In 2023, the United States held roughly 53% of the market share for imported dried fruit.

For Marketing Year (MY) 2024/2025, Post forecasts a reduction in fresh lemon production due to persistent rainfall during the blooming period, which is expected to adversely affect fruit development. Similarly, for MY 2023/2024, Post adjusts its...

Korea’s fresh pear production is projected to rise by 10.2 percent to 202,000 metric tons (MT) in marketing year (MY) 2024/25, helped by favorable weather and lower incidences of diseases and pests compared to the previous year.

Post projects a slight increase in fresh apple production in Marketing Year (MY) 2024/25, forecast at 488,000 metric tons (MT), while pear production is expected to decrease to 655,000 MT from the previous year.

For marketing year (MY) 2023/24, Post updates fresh lemon production down to 1,700 metric tons (MT). This revision is attributed to the unexpected weather conditions with temperatures higher than usual and rains during harvest that affected original production estimates.

The 2023 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2023 calendar year.

Already reeling from high fruit prices, Korean consumers will face another year of expensive, lower-quality apples. Korea’s apple production for marketing year (MY) 2023/24 fell 25 percent year-on-year after orchards suffered a series of adverse weather events in 2023.

For marketing year (MY) 2023/24, Post estimates an increase in fresh lemon production. This upward revision is attributed to producers' expectations of favorable weather conditions. Post’s MY 2022/23 production estimate is revised up 12 percent due to less severe drought conditions than initially expected.

Ample opportunities exist for U.S. agricultural exports to South Korea. Highlighted in the chart above, U.S. agricultural product exports were a record $9.5 billion in 2022, up 2 percent from 2021. South Korea is the sixth largest export market for the United States, thanks in part to a successful free trade agreement (KORUS) between the two countries and a robust demand for high-quality U.S. food products.