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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.
This report outlines specific requirements for food and agricultural products imported to Bangladesh.
U.S. oranges coming into Korea from September 1- February 28 do so under a Tariff Rate Quota (TRQ) negotiated under the Korea-U.S. Free Trade Agreement (KORUS).
Post’s marketing year (MY) 2019/20 (Aug-Jul) cotton area is forecast to rise to 45,000 hectares (HA) as farmers are projected to increase planted area....
Although Korea’s production of barley increased 38 percent in 2018, production and consumption of barley are expected to remain fairly constant over the next few years.
For market year (MY) 2019/20 (May-April), total rice area and production levels are projected to increase slightly to 11.8 million hectares (HA) and 35.3 million metric tons....
MY 2019/2020 wheat production will remain negligible at 25,000 metric tons (MT), while wheat consumption is anticipated to grow slightly to 3.85 million MT (MMT). MY 2019/2020 corn consumption....