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Korean imports of seafood in 2018 totaled $5.79 billion, up 16.2 percent from 2017 due to rising prices and increased imports of shrimp and squid.
Elevated food safety concerns coupled with evolved taste of the South Korean consumers generate increased demand for imported organic foods.
Strong consumer demand for value, quality, convenience, and diversity generates increased demand for imported agricultural products in the Korean retail industry.
On April 30, 2019, U.S. Embassy Seoul’s Office of Agricultural Affairs, the U.S. Grains Council (USGC) Korea office, and the Korea Biofuels Forum (KBF) jointly hosted the 2019 Seoul Fuel Ethanol....
The 2019/20 Marketing Year rice production forecast is unchanged from the previous report at 3.88 million metric tons (MMT), as price supports offset the government’s attempts to reduce rice paddy....
The Office of Agricultural Affairs hosted the 7th annual Roundtable on Agriculture in the Democratic People’s Republic of Korea (DPRK) in Seoul on September 13, 2018.
South Korea’s HRI Food Service sector continues to grow as the nation’s socio-economic changes continues to spur consumers’ spending on dining out.
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.
Due to bad weather during the flowering and fruit growing seasons, Korean fresh apple production is projected to decrease by 14 percent to 467,800 metric tons (MT) in Marketing Year (MY) 2018/19.
Korea’s Ministry of Food and Drug Safety will begin implementation of its previously announced pesticide Positive List System (PLS) on January 1, 2019.
On November 13, 2018, Statistics Korea (KOSTAT) released its revised 2018 rice production estimate of 3.868 million metric tons (MMT), slightly down from 3.875 MMT, the initial rice production....