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Korea relies heavily on imports to fulfill its food and agricultural needs. Korea maintains a strong food processing industry that manufactures a wide variety of food and beverage products.
In 2017, domestic raw milk production totaled 2.06 million MT, down less than 1 percent from 2016. Since the FMD outbreak in 2010, local raw milk production has over-corrected....
In marketing year 2018/2019, FAS Seoul projects that Korea’s pear production will decline by close to 20 percent from the previous marketing year to 214,000 MT....
In Marketing Year (MY) 2018/19, heavy rains during the planting season caused farmers to opt out of the government program to reduce rice acreage and continue planting rice.
While several proposals to expand biotech labeling are still pending in the National Assembly, MFDS announced its plan in early 2015 to expand mandatory biotech labeling to include all products...
The United States is the world’s top exporter of processed potato products. Over the past decade those exports have grown 127 percent, reaching a record $1.5 billion in 2014...
Imported beer market in South Korea continued a robust growth due to strong consumer demand for products of diversified taste and higher quality.
In 2014, total Korean imports of seafood were $4.16 billion, up 16.7 percent from 2013 due to the increased demand and rising prices.