South Korea: Wine Market Report
Despite the challenging economic environment, Korea’s wine imports in 2018 totaled a record high $244 million, up 16.2 percent from 2017. The United States remained the fourth largest supplier of wine to Korea by shipping $30.4 million, up 22.8 percent from 2017 values. While American wine faces elevated competition against products from export-oriented competitors, American wine will remain one of the top choices of Korean wine consumers as it is firmly positioned in the market for its unique quality and value.
