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South Korea’s imports of American food and agricultural products in 2018 through October totaled $7.9 billion, up 16.8 percent from the same period of the previous year.
South Korea is one of the most reliable export markets for U.S. agricultural goods. Its vibrant economy offers easy access to modern retail outlets...
Line graph showing the growth of U.S. agricultural exports and imports in the context of international free trade agreements.
Column chart comparing the change in value of U.S. agricultural exports before and after key trade agreements.
U.S. agricultural exports to South Korea have grown in recent years, largely due to tariff reductions and the lifting of non-tariff barriers under the U.S.-Korea Free Trade Agreement (KORUS).
South Korea’s imports of American food and agricultural products in 2017 through September totaled $6.3 billion, up 25 percent from the same period of the previous year.
Line graph showing the growth of U.S. agricultural exports and imports in the context of international free trade agreements.