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U.S. agricultural and related product exports to South Korea exceeded nine billion dollars in 2018, making it our fifth largest agricultural export market.
Korea’s total citrus production for Marketing Year (MY) 2019/20 (October – September) is projected to increase six percent to 645,000 metric tons (MT) from 607,638 MT in MY 2018/19.
On November 12, 2019, Statistics Korea (KOSTAT) released its revised 2019 rice production estimate of 3.744 million metric tons (MMT), down 1 percent from the initial rice production estimate....
In Marketing Year (MY) 2019/20 (July – June), Korea’s fresh apple production is projected to increase 7 percent to 508,000 metric tons (MT), mainly due to favorable weather during the flowering....
Under the 2018 Tariff Rate Quota (TRQ), Korea purchased a total of 408,700 metric tons (MT) of rice (milled basis) from four countries, including the United States, China, Thailand and Vietnam.
Despite the challenging economic environment, Korea’s wine imports in 2018 totaled a record high $244 million, up 16.2 percent from 2017.
This report provides updates on certificates for fresh and frozen poultry products, clarification on certificates for ice cream products containing eggs and document requirements for agriculture....
The imported beer market in South Korea continues robust growth due to strong consumer demand for diversified flavors and higher quality.
On December 24, 2018, Korea issued an updated list of adjustment tariffs and voluntary tariff rate quotas (TRQs) for certain agricultural, forestry and fishery products....
After 10 years under the Living Modified Organism (LMO) Act, Korea plans to improve and revise the LMO Act to address stakeholders’ concerns.