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Ample opportunities exist for U.S. agricultural exports to South Korea. Highlighted in the chart above, U.S. agricultural product exports were a record $9.5 billion in 2022, up 2 percent from 2021. South Korea is the sixth largest export market for the United States, thanks in part to a successful free trade agreement (KORUS) between the two countries and a robust demand for high-quality U.S. food products.
Korean seafood imports totaled $6.47 billion in 2022, up 12.7 percent from the year before. Seafood for human consumption imported from the United States to Korea in 2022 reached $229 million, an increase of 5.6 percent year-to-year. The United...
Domestic production is projected to drop to 1.93 million tons in 2023 after reaching 1.98 million tons in 2021. Milk production is expected to show a downward trend due to the decreasing number of dairy farms, decreasing number of milk cows, and...
In 2021 (latest data available), sales of the HRI food service sector reached 150.76 trillion KRW (131.7 billion USD), an increase of 7.77 percent from 2020 and an increase of 4.41 percent from 2019.
This is an update to a voluntary GAIN report KS2023-0013, Korea's Positive List System for Veterinary Drugs. Information on MRL violations and MRL changes has been added.
Korea was the 5th largest country importer of U.S. agricultural and related products in 2022. The United States is the leading supplier of imported consumer-oriented agricultural products for Korean retail industry, shipping $5.9 billion in 2022.
This report includes technical information and certificate requirements for food and agricultural product exports to the Republic of South Korea.
This report outlines specific requirements for food and agricultural product imports into the Republic of South Korea. Updates to the 2022 FAIRS Report are included in Sections I, II, IV, V, VI, VII, X and Appendix II.
Korea has a strong food processing industry that manufactures a wide variety of food and beverage products. It also relies heavily on imports to fulfill its food and agricultural needs.
The 2022 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2022 calendar year.
On December 27, 2023, Korea issued its flexible tariffs (Adjustment and Tariff Rate Quota) list for certain agricultural, forestry and fishery products for calendar year (CY) 2023.
As the 5th largest country export market for the United States, Korea provides a promising market for U.S. agricultural products. In 2021, Korea imported about $43 billion agricultural & food products from all over the world and the U.S. supplied a quarter of it, ranking number one. Other key suppliers were China, Australia, Brazil, and Vietnam.