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COVID-19 has shaped food trends in South Korea with online food sales growing by 46 percent in 2020 to $17 billion.
FAS/Seoul projects Korea’s corn imports and consumption to increase in 2021/22, recovering from a projected 3 percent decline in imports during the current marketing year.
The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.
South Korean wine imports reached a record $330 million in 2020, up 27 percent from 2019.
South Korean wine imports reached a record $330 million in 2020, up 27 percent from 2019. Imports from the United States totaled $56 million, up 65 percent.
The imported beer market in South Korea continues to show robust growth due to strong consumer demand for products of diversified taste and higher quality.
In crop year 2016/17, South Korean tangerine production is expected to continue a multi-year trend of decreasing quantity and increasing quality.
In February 2016, Korea revised the Food Sanitation Act, expanding mandatory biotech labeling to include all products with detectable biotech ingredients.
On November 16, 2016, South Korea reported an outbreak of the Highly Pathogenic Avian Influenza (HPAI) H5N6 that has since continued to spread rapidly.
Despite high domestic cattle and beef prices, Post forecasts Korea’s cattle calf crop to see its third consecutive yearly decline in 2017.
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...
On November 15, 2016, Statistics Korea (KOSTAT) released its revised 2016 rice production estimate to 4.197 million metric tons (MMT), slightly down from 4.2 MMT, the initial rice production...