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The Caribbean Basin region continues to experience growth, driven primarily by the steady rise in tourism, which in turn impacts consumer demand.
Marketing year (MY) 2025/26 rice production in the Republic of Korea (ROK) is forecast further down on reduced planted area approaching half of the government’s reduction target of 80,000 hectares.
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
South Korea’s whiskey imports experienced a compound annual growth rate (CAGR) of 17.1% in value from 2020 to 2024, totaling $249 million.
With limited domestic production and increasing consumer demand, Korean imports of tree nuts continue to grow steadily, recording a compound annual growth rate of six percent over the last five years.
Korea's food processing industry relies heavily on imports to fulfill its food and agricultural needs in order to manufacture a wide variety of food and beverage products.
Sections Updated: Section I, II, III, IV, V, VI, VII, X and Appendix II
This report includes technical information and certificate requirements for food and agricultural product exports to the Republic of Korea.
After reaching a five-year high in 2024, Korea’s potato production will return to average levels in 2025.
While per capita grain consumption in Korea remains steady, or declining in the case of rice, increased manufacturing of K-food for exports drives total consumption, offsetting decreases in other sectors.
FAS/Seoul forecasts 2025 Korean cattle production and slaughter will drop to 951,000 head and 1,078,000 head respectively. FAS/Seoul forecasts 2025 beef imports to dip to 574,000 metric tons (MT).
This report highlights the food processing industry, its drivers, key players, and market landscape in the Caribbean Basin. The region relies heavily on imports, and the United States is the largest supplier of food ingredients.