Browse Data and Analysis

On November 15, 2014, Statistics Korea (KOSTAT) released its revised rice production estimate of 4,240,739 metric tons.

On September 18, 2014 the Korean Ministry of Agriculture, Food and Rural Affairs (MAFRA) issued a press release announcing the liberalization of its rice market through tariffication.

In 2013, $55 billion in local dairy product sales was two-percent higher than 2012.

The Korea- Australia Free Trade Agreement (KAFTA) was officially signed by both parties on April 8th, approximately two years after the KORUS FTA went into effect in March 2012.

Chicken production is expected to increase 5.1 percent to 746,000 MT in 2014 and to 753,000 MT in 2015 due to greater broiler chick production and higher parental stock inventory.

Domestic beef production fell in 2014 while imported beef increased to make up the shortfall.

The U.S. regained its status as the top supplier of feed grains to Korea in 2014.

Exports of high-value, processed food products have been a significant contributor to the strongest five-year period for agricultural exports in U.S. history.

Young, urban consumers in emerging markets with rising disposable incomes helped propel global imports of confectionery products to $21 billion in calendar year 2013.

In 2012, retail sales of cheese reached a recorded to $404.7 million, which was an 11 percent increase from 2011. The United States was the largest dairy exporting country with 31 percent market share, followed by New Zealand with 18 percent, the EU...

A rapidly growing middle class in North Asia is expected to boost demand for U.S. agricultural exports over the next decade.

A look at U.S. exports to South Korea in the year since since the United States-Korea Free Trade Agreement entered into force.