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The Hotel, Restaurant and Institutional (HRI) foodservice sector in South Korea continues to grow as on-going socio-economic changes promote increased consumer spending on dining outside of the home.
As you will see from several articles coffee continues to be one of the favorites among ‘brewed’ beverages in South Korea, particularly for cafes and also restaurants.
The Korean government announced that it will seek to mitigate overproduction of rice through measures including reduction of area for rice cultivation to 711,000 Ha by 2018, planting of other crops...
On December 23, 2015, Korea announced an updated list of adjustment tariffs and voluntary tariff rate quotas (TRQs) for certain agricultural, forestry and fishery products, effective through 2016.
South Africa's agricultural exports reached an estimated $256 million in 2014, up from $226 million in 2010.
South Korea is the fifth largest export market for American agriculture.
Korea is an excellent market for American fruit juices.
Korea’s total citrus production for Marketing Year (MY) 2014/15 is forecast at 688,000 metric tons (MT), 2.4 percent higher than the 672,000 MT of MY 2013/14.
The Korea - Australia FTA will go into effect on December 12, 2014. The first year of this FTA will cover the period December 12-31, 2014.
On November 15, 2014, Statistics Korea (KOSTAT) released its revised rice production estimate of 4,240,739 metric tons.