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FY2021 agricultural exports reach record levels.
In 2021 the U.S. Agricultural Trade Office (ATO) in Seoul, Korea partnered with Gallup Korea to survey Korean consumers views on imported and domestic food.
South Korea managed the COVID-19 pandemic relatively well, and consumer spending on food remained strong during the pandemic due to increased home eating.
The long-term outlook for South Korea’s Hotel, Restaurant and Institutional (HRI) sector is positive, with strong growth up until the COVID-19 pandemic.
The Republic of Korea (Korea) is a developed Asian country with a global presence in high-tech, automobile, and electronics industries. Korea is an industrial powerhouse with a skilled labor force.
This is an update to the Republic of Korea’s export certificate requirements for dairy products including those containing eggs such as ice cream.
As countries roll back COVID-19 restrictions, foreign market demand for beef is becoming a bright spot for U.S. producers.
On June 22, 2021, Korea announced an additional 36,000 MT temporary tariff rate quota (TRQ) for eggs and egg products in effect until December 31, 2021.
The outlook for U.S. products in the Korean retail industry is excellent for a wide range of products.
While Korean seafood imports declined in 2020, the United States remains the country's fifth-largest seafood supplier with a 4.1 percent market share.
A look at how U.S. agricultural exports performed in 2020.
COVID-19 has shaped food trends in South Korea with online food sales growing by 46 percent in 2020 to $17 billion.