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South Korea is the United States’ second largest beef market by value, a remarkable turnaround from the market closure in late 2003.
Korean rice production is forecast to decrease in MY 2018/19 as the government’s rice reduction program takes effect.
This is an update to implementation of Korea’s Special Act on Imported Food Safety Management (GAIN KS1609).
On November 19, 2015, Korea lifted the import ban on poultry and poultry meat products that had been imposed in December 2014 due to the outbreak of HPAI.
Korean coffee imports data showed 27 percent increase in value of $527 million and 17 percent increase in volume of 134,000 Metric Tons in 2014 compared to the year 2013.
News and consumer trends in South Korea’s food market.
Section Updated: Section I, II, IV, V, VI, VII, and Appendix I, II. The updates include the new Special Act on Imported Food Safety Management, which shall go into effect on February 4, 2016.