South Korea: Wine Market Report
Despite the challenging economic environment, Korea’s wine imports in 2017 totaled a record high $210 million, up 10 percent from 2016. The United States remained the fourth largest supplier of wine to Korea by shipping $25 million, up 14 percent. While American wine faces elevated competition against products from export-oriented competitors, American wine should remain one of the top choices of Korean wine consumers as it is firmly positioned in the market for its unique quality and value.