Browse Data and Analysis

U.S. agricultural exports to South Korea have grown in recent years, largely due to tariff reductions and the lifting of non-tariff barriers under the U.S.-Korea Free Trade Agreement (KORUS).

On November 14, 2017, Statistics Korea (KOSTAT) released its revised 2017 rice production estimate of 3.972 million metric tons (MMT), slightly up from 3.955 MMT....

South Korea’s imports of American food and agricultural products in 2017 through September totaled $6.3 billion, up 25 percent from the same period of the previous year.

U.S. farm and food exports climbed eight percent in FY 2017, reaching the third-highest level on record.

Rice ending stocks are projected to decrease to 1.7 million metric tons (MMT) and 1.2 MMT in marketing year (MY) 2016/17 and MY 2017/18 respectively, as the Korean government has begun allowing....

Although planted area for pears continues to decline in a trend that has continued since the year 2000, expected increased yields will result in an increase in pear production....

In 2016, overall local raw milk products decreased 4.5 percent by a volume of 2 million metric tons (MT), but per capita volume consumption continued to increase to 76.4 kilograms in 2016.

South Korea’s horse imports totaled $25.2 million in 2016. The United States remained the leading exporter to Korea by shipping horses valued at $18.1 million, up 15 percent from the previous year.

Infographic showing the growth of U.S. pork exports which topped $5.7 billion in 2016.

This first Korean apple report highlights apple market dynamics in Korea. Although production area has been growing in recent years, harvest yields fluctuate due to weather patterns.

Korean beef production will increase slightly in 2018, supported by calf production that is marginally higher than previously forecast.

Expansion and diversification of large-scale retail businesses coupled with the introduction of information technologies has led to a rapid evolvement of the retail food sector in South Korea....