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Strong consumer demand for value, quality, convenience and diversity generates increased demand for imported agricultural products in the Korean retail sector.
On June 26, 2018, the Agricultural Affairs Office at U.S. Embassy Seoul, the U.S. Grains Council Korea office and the Korea Biofuels Forum jointly hosted the 2018 Seoul Bioethanol Conference.
South Korea is the United States’ second largest beef market by value, a remarkable turnaround from the market closure in late 2003.
Korean rice production is forecast to decrease in MY 2018/19 as the government’s rice reduction program takes effect.
This is an update to implementation of Korea’s Special Act on Imported Food Safety Management (GAIN KS1609).