South Korea: Exporter Guide

  |   Attaché Report (GAIN)   |   KS2022-0030

As the 5th largest country export market for the United States, Korea provides a promising market for U.S. agricultural products. In 2021, Korea imported about $43 billion agricultural & food products from all over the world and the U.S. supplied a quarter of it, ranking number one. Other key suppliers were China, Australia, Brazil, and Vietnam. Korea's overall agricultural imports this year are forecast to top the 2021 value by 20 percent partly due to increased demand from both the retail and processing sectors. From January to October this year, the U.S. exports already surpassed its last year’s record for the same period. U.S. food and agricultural products will continue to be competitive in the market long-term considering ongoing socio-economic shifts with extended consumer concerns over quality, value, and sustainability.

Related Reports

FAS/Hanoi’s successful in-store promotion in July 2023 at the WinMart retail chain highlights growing opportunities to promote U.S. food, beverages and agricultural products in Vietnam.
Attaché Report (GAIN)

Venezuela: Exporter Guide

This report outlines Venezuela’s food and beverage market conditions, which highlights growing opportunities for U.S. food and agricultural exporters to enter and expand in the market.
On June 1, 2022, the Quebec government passed legislation titled Bill 96, An Act respecting French, the official and common language of Quebec, to make new amendments to Quebec’s Bill 101.