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Imports of American food and agricultural products into Korea in 2016 through September totaled $5.1 billion, down 11 percent from the previous year mainly due to reduced demand for basic...
The KORUS FTA (Free Trade Agreement) went into effect March of 2012, and the agreement’s elimination of tariffs for almonds and pistachios, as well as tariff reductions for walnuts...
In 2014, total Korean imports of seafood were $4.16 billion, up 16.7 percent from 2013 due to the increased demand and rising prices.
2015 Korean potato production decreased eight percent to 546,000 metric tons (MT) from 591,000 MT in 2014.
Free Trade Agreements (FTAs) help expand foreign markets for U.S. producers and exporters by reducing trade barriers, fostering a more stable and transparent environment for trade and investment...
Graphic illustrating the growth of U.S. agricultural exports in response to trade agreements over the past 70 years.