South Korea: Exporter Guide

  |   Attaché Report (GAIN)

South Korea is the fifth largest export market for American agriculture. Imports of American food and agricultural products into Korea in 2014 are forecast to reach $8.3 billion, up 35 percent from the previous year mainly due to strong performance of basic commodity products and consumer-oriented products. As a result, the United States should remain the leading agricultural supplier to Korea with over 25 percent market share. The Korea-United States Free Trade Agreement, implemented in March 2012, coupled with anticipated recovery trend of the Korean economy is expected to generate greater opportunities for American products in Korea in the coming year.

South Korea: Exporter Guide

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