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As countries roll back COVID-19 restrictions, foreign market demand for beef is becoming a bright spot for U.S. producers.
On June 22, 2021, Korea announced an additional 36,000 MT temporary tariff rate quota (TRQ) for eggs and egg products in effect until December 31, 2021.
Under the 2019 rice Tariff Rate Quota (TRQ), Korea purchased a total of 408,700 metric tons (MT) of rice (milled basis) from three countries: the United States, China, and Vietnam.
Section Updated: Section I, II, III, V, VI, VII, VIII and IX and Appendix I and II.
This report provides minimal updates compared to the previous year’s report.
In MY 2018/19, total production of grain and other crops (grain-equivalent basis for potatoes) dropped 12 percent from the previous marketing year to an estimated 4.9 million metric tons....
The Korean government implemented a volume-based liquor tax for beer on January 1, 2020.