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The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
South Korea’s whiskey imports experienced a compound annual growth rate (CAGR) of 17.1% in value from 2020 to 2024, totaling $249 million.
With limited domestic production and increasing consumer demand, Korean imports of tree nuts continue to grow steadily, recording a compound annual growth rate of six percent over the last five years.
Korea's food processing industry relies heavily on imports to fulfill its food and agricultural needs in order to manufacture a wide variety of food and beverage products.
In February 2017, Korea implemented new biotech labeling requirements for any food with detectable biotech ingredients. In May 2017, the National Seed Management Agency (NSMA) found....
Distiller’s dried grains with solubles (DDGS) are a byproduct of corn ethanol production. This derivative is primarily used in compound animal feeds as a vegetable based protein.
Citrus production in Marketing Year (MY) 2017/2018 is projected to continue a multi-year decrease to 560,000 MT, the lowest production level for the past two decades.
Several categories of U.S. food and agricultural exports to South Korea saw significant growth in fiscal year 2017 (Oct/Sept).
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).
On November 14, 2017, Statistics Korea (KOSTAT) released its revised 2017 rice production estimate of 3.972 million metric tons (MMT), slightly up from 3.955 MMT....