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Korea’s pet food market has been growing strongly. But, while imported products have traditionally dominated the market, imports declined in 2023 for the first time in over a decade.
South Korea is the United States’ second largest beef market by value, a remarkable turnaround from the market closure in late 2003.
Korean rice production is forecast to decrease in MY 2018/19 as the government’s rice reduction program takes effect.
This is an update to implementation of Korea’s Special Act on Imported Food Safety Management (GAIN KS1609).