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The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
South Korea’s whiskey imports experienced a compound annual growth rate (CAGR) of 17.1% in value from 2020 to 2024, totaling $249 million.
With limited domestic production and increasing consumer demand, Korean imports of tree nuts continue to grow steadily, recording a compound annual growth rate of six percent over the last five years.
Korea's food processing industry relies heavily on imports to fulfill its food and agricultural needs in order to manufacture a wide variety of food and beverage products.
Korea was the 5th largest country importer of the U.S. agricultural and related products in 2023. The United States is the leading supplier of imported consumer-oriented agricultural products for Korean retail industry, shipping $4.9 billion in 2023.
Chicken production in South Korea will continue its gradual growth trend through 2024 and into 2025, as poultry inventories recover from productivity challenges in 2023 and fend off a 2024 outbreak of HPAI.