Browse Data and Analysis

In the current marketing year running from July 2021 to June 2022, Korea’s fresh apple production and consumption are projected to rise by 13 percent after several years of gradual decline.

On November 15, 2021, Statistics Korea (KOSTAT) released a revised 2021 rice production estimate of 3.882 million metric tons (MMT), up an additional 1.6 percentage points from the initial rice production estimate in early September and up 10.7 percent from the previous year.

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

The Agricultural Trade Office (ATO)/Sao Paulo estimate for the Brazilian coffee production for Marketing Year (MY) 2021/22 (July-June) remains unchanged at 56.3 million 60-kg bags, a significant decrease of 19 percent compared to last year’s record output of 69.9 million bags.

On November 5, Brazil announced a unilateral 10 percent reduction of import tariffs on 87 percent of all goods and services until December 31, 2022. Agricultural products are on the list of reductions, including ethanol – which was lowered by 10 percent from 20 percent to 18 percent.

FY2021 agricultural exports reach record levels.

This report is an October 2021 update to the FAS Seoul Grain and Feed Annual released on March 31 and the Grain and Feed Update from June 27.

Korea’s 2021/22 pear production is projected to surge by nearly 40 percent, driven mostly by increased yields. Korean pear consumption is expected rise by a similar level. Fresh U.S. (and other origin) pear imports are not allowed under Korea’s existing phytosanitary regulations.

In 2021 the U.S. Agricultural Trade Office (ATO) in Seoul, Korea partnered with Gallup Korea to survey Korean consumers views on imported and domestic food.