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Korea has a strong food processing industry that manufactures a wide variety of food and beverage products. It also relies heavily on imports to fulfill its food and agricultural needs.
This report provides an overview of the impact to date of COVID-19 on the Korean trade balance, distribution channels, wholesale prices and government support programs provided to cope with the...
The Korean food market has been seriously hit by the on-going COVID-19 outbreak.
U.S. beer exports to South Korea totaled $67 million in 2019, up 74 percent from the previous year.
The outbreak in Korea of Novel Corona Virus 2019 (COVID 19) in January 2020, is creating significant economic headwinds, reducing demand for animal protein.
In April 2019, the Rural Development Administration (RDA) announced the creation of its Center to Commercialize New Breeding Technologies.
FAS Seoul forecasts that Korean soybean production for MY 2020/21 will increase by 3 percent.
The Office of Agricultural Affairs hosted the 7th annual Roundtable on Agriculture in the Democratic People’s Republic of Korea (DPRK) in Seoul on September 13, 2018.
South Korea’s HRI Food Service sector continues to grow as the nation’s socio-economic changes continues to spur consumers’ spending on dining out.
South Korea’s imports of American food and agricultural products in 2018 through October totaled $7.9 billion, up 16.8 percent from the same period of the previous year.
Due to bad weather during the flowering and fruit growing seasons, Korean fresh apple production is projected to decrease by 14 percent to 467,800 metric tons (MT) in Marketing Year (MY) 2018/19.
Korea’s Ministry of Food and Drug Safety will begin implementation of its previously announced pesticide Positive List System (PLS) on January 1, 2019.