Browse Data and Analysis

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.

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.