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After two consecutive years of reduced chicken production in 2021 and 2022, Korea’s chicken production is projected to recover by 1.6 percent to 945,000 metric tons (MT) in 2023 due to increased chicken inventory and rising consumer demand.
Korean seafood imports totaled $5.74 billion in 2021, up 9 percent from 2020, with imports from the United States increasing slightly to $217 million. The United States remains the fifth largest seafood exporter to Korea with a 3.8 percent market share.
COVID-19 has shaped food trends in South Korea with online food sales growing by 46 percent in 2020 to $17 billion.
FAS/Seoul projects Korea’s corn imports and consumption to increase in 2021/22, recovering from a projected 3 percent decline in imports during the current marketing year.
The 2020 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States’ primary trading partners.
South Korean wine imports reached a record $330 million in 2020, up 27 percent from 2019.
South Korean wine imports reached a record $330 million in 2020, up 27 percent from 2019. Imports from the United States totaled $56 million, up 65 percent.