Browse Data and Analysis

Under the 2019 rice Tariff Rate Quota (TRQ), Korea purchased a total of 408,700 metric tons (MT) of rice (milled basis) from three countries: the United States, China, and Vietnam.

Section Updated: Section I, II, III, V, VI, VII, VIII and IX and Appendix I and II.

This report provides minimal updates compared to the previous year’s report.

In MY 2018/19, total production of grain and other crops (grain-equivalent basis for potatoes) dropped 12 percent from the previous marketing year to an estimated 4.9 million metric tons....

The Korean government implemented a volume-based liquor tax for beer on January 1, 2020.

South Korea’s Hotel, Restaurant and Institutional (HRI) food service sector continues to grow as consumers spend more on dining out and look for more convenience in their busy lives.