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- (-) May 2020
- (-) South Korea
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Korean seafood imports totaled $5.43 billion in 2019, down 6.3 percent from 2018. U.S. seafood imports decreased by 11.3 percent from $261 million to $232 million.
The government of Sri Lanka (GOSL) has enacted stringent measures to counter the economic impact of the COVID-19 crisis.
Korea updated the web portal used to register foreign food facilities that export to this market. Registration is a requirement for import clearance and must be renewed every two years.
In MY 2020/21 Sri Lanka expects a healthy rice paddy harvest with a forecast of 4.4 million metric tons. The MY 2019/20 harvest would surpass the national target for self-sufficiency.
U.S. distilled spirits exports to South Korea totaled $13.4 million in 2019, up 12.2 percent from 2018. The top U.S. products in the market are whiskey, vodka, and liqueurs.