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Korea was the 5th largest country importer of U.S. agricultural and related products in 2022. The United States is the leading supplier of imported consumer-oriented agricultural products for Korean retail industry, shipping $5.9 billion in 2022.
In 2022, Spain imported $1.98 billion worth of agricultural, seafood and forest products from the United States, up 28 percent compared to the previous year. The latest European Union (EU) economic forecast predicts that Spain's growth forecast will be 1.9 percent in 2023, above the EU average.
The Spanish strawberry sector is robust, with production mainly destined for the domestic market, the EU, and UK. Other berry production, especially blueberries, raspberries, and blackberries, has become an alternative in recent years to strawberry production as a value-added crop for Spanish farmers.
The FAS/Seoul June 2023 Grain and Feed update covers changes to the Korean rice situation since the March 2023 Grain and Feed Annual report. Marketing year 2022/23 production and consumption will be unchanged, with a small decline in imports.