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Korea’s 2022 potato production decreased by 9.5 percent to 510,000 MT. Domestic Korean potato production is expected to continue gradually declining in the coming years, which may create more opportunities for imported U.S. fresh (chipping and table) potatoes despite an annual tariff rate quota cap of 4,000 metric tons.
The volume of U.S. fresh, dried, and processed fruit exports between 2012/13 and 2021/22 dropped 29 percent to 2.9 million metric tons[1]. However, a 25-percent gain in unit value during this period softened the decrease in value to just 11 percent lower as trade dropped $700 million to $6.0 billion.