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This report provides updates to the Korea Rice Production 2022 report issued by FAS/Seoul on June 28, 2022, based on new data released by the Korean Ministry of Agriculture, Food, and Rural Affairs (MAFRA) in December 2022.
On December 27, 2023, Korea issued its flexible tariffs (Adjustment and Tariff Rate Quota) list for certain agricultural, forestry and fishery products for calendar year (CY) 2023.
In 2016, overall local raw milk products decreased 4.5 percent by a volume of 2 million metric tons (MT), but per capita volume consumption continued to increase to 76.4 kilograms in 2016.
South Korea’s horse imports totaled $25.2 million in 2016. The United States remained the leading exporter to Korea by shipping horses valued at $18.1 million, up 15 percent from the previous year.
Infographic showing the growth of U.S. pork exports which topped $5.7 billion in 2016.
This first Korean apple report highlights apple market dynamics in Korea. Although production area has been growing in recent years, harvest yields fluctuate due to weather patterns.
Korean beef production will increase slightly in 2018, supported by calf production that is marginally higher than previously forecast.