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Korea was the 5th largest country importer of the U.S. agricultural and related products in 2023. The United States is the leading supplier of imported consumer-oriented agricultural products for Korean retail industry, shipping $4.9 billion in 2023.
Chicken production in South Korea will continue its gradual growth trend through 2024 and into 2025, as poultry inventories recover from productivity challenges in 2023 and fend off a 2024 outbreak of HPAI.
In 2015, consumption of domestic beef declined while imports of more competitively priced beef imports increased.
The Ministry of Food & Drug Safety implemented the Special Act on Safety Management of Imported Food (hereinafter referred to as the Special Act) and the implementing regulations on February 4, 2016.
Soybean consumption in MY 2016/17 is forecast unchanged from the current marketing year at 1.42 MMT...
The ATO just completed its Korea Prelim of the United Tastes of America chef competition with a very successful outcome.