Browse Data and Analysis

Korea’s total citrus production for Marketing Year (MY) 2020/21 (October – September) is projected to reach 660,000 metric tons (MT).

Domestic milk production is forecast to return to 2.03 million tons after spiking to 2.1 million tons in 2020.

Korea is in the process of drafting a proposal to revise its existing Living Modified Organism (LMO) Act to cover products of innovative biotechnologies, including genome edited products.

The United States exported $8.9 billion in agricultural and related products to South Korea in 2019, making it our fifth largest agricultural export market.

On November 12, 2020, Statistics Korea (KOSTAT) released a revised 2020 rice production estimate of 3.507 million metric tons (MMT), down an additional 3.4 percentage points from the initial...

The Venezuelan economic and political crisis continues to influence all sectors of the economy, including agricultural production and trade.

In marketing year (MY) 2020/21 (July-June), FAS Seoul projects Korea’s pear production to decrease by 20 percent (to 160,000 MT) mainly due to reduced planted area and unfavorable weather conditions..

The MY 2020/21 wheat import forecast remains unchanged at 4 MMT. 2020/21 corn consumption projections are revised up to 12 MMT, consisting of 9.7 MMT for feed purposes and 2.3 MMT for food, seed...

The Venezuelan economic and political crisis continues to influence all sectors of the economy, including agricultural production and trade.

Korea’s juice market is dominated by large domestic manufacturers. Imports, while making up less than 15% of the market, are on the rise.

The jams, jellies and preserves market is growing steadily. Domestic manufacturers are expanding their market share by launching products targeted to Korean consumers’ needs.

Growth in e-commerce and meal delivery services have opened new sales channels for soft drinks.