Korea, South

U.S. agricultural exports to South Korea totaled more than $6 billion in 2015. South Korea is the United States' sixth-largest market, with top exports including beef, corn, pork, fresh fruit, hides and skins, and tree nuts.

Implementation of the U.S.-Korea Trade Agreement (KORUS) on March 15, 2012 immediately removed duties on two-thirds of U.S. agricultural trade, and is helping to keep the United States on a level playing field with Korea’s other foreign trading partners. Major winners to date from KORUS include tree nuts, dairy, and processed fruits and vegetables. Going forward, the KORUS committee structure, including the Committee on Trade in Goods and the Committee on Sanitary and Phytosanitary Measures, will be the forum for resolving market access issues.

Data & Analysis

September 22, 2016
This biannual report includes data on U.S. and global trade, production, consumption and stocks, as well as analysis of developments affecting world trade in raisins.
September 22, 2016
Despite high domestic cattle and beef prices, Post forecasts Korea’s cattle calf crop to see its 3rd consecutive decline.
September 16, 2016
The Korean poultry market is expected to continue to expand in 2017, with increases in production and imports increasing to meet growing popularity of chicken products.
September 16, 2016
Despite challenging economic environment, the South Korean wine market continues to expand.