Browse Data and Analysis

Elevated food safety concerns coupled with evolved taste of the South Korean consumers generate increased demand for imported organic foods.

Strong consumer demand for value, quality, convenience, and diversity generates increased demand for imported agricultural products in the Korean retail industry.

On April 30, 2019, U.S. Embassy Seoul’s Office of Agricultural Affairs, the U.S. Grains Council (USGC) Korea office, and the Korea Biofuels Forum (KBF) jointly hosted the 2019 Seoul Fuel Ethanol....

The 2019/20 Marketing Year rice production forecast is unchanged from the previous report at 3.88 million metric tons (MMT), as price supports offset the government’s attempts to reduce rice paddy....

Graphic showing the top markets for U.S. ag exports in 2018. Canada was the top market, followed by Mexico and the European Union.

Korea relies heavily on imports to fulfill its food and agricultural needs. Korea maintains a strong food processing industry that manufactures a wide variety of food and beverage products.

U.S. oranges coming into Korea from September 1- February 28 do so under a Tariff Rate Quota (TRQ) negotiated under the Korea-U.S. Free Trade Agreement (KORUS).

Although Korea’s production of barley increased 38 percent in 2018, production and consumption of barley are expected to remain fairly constant over the next few years.

MY 2019/2020 wheat production will remain negligible at 25,000 metric tons (MT), while wheat consumption is anticipated to grow slightly to 3.85 million MT (MMT). MY 2019/2020 corn consumption....

The Agriculture, Food, Rural Affairs, Oceans & Fisheries Committee of the National Assembly has recommended the government raise the target price for local rice (2019 crop).

Section updated: Section I, II, III, V, VI, VII, VIII and IX and Appendix I and II.

With a slight increase in projected acreage due to the government-run rice area reduction program, soybean production is expected to rise slightly to 92,000 metric tons (MT) in Marketing Year....