South Korea: Success in the Korean Market for U.S. Consumer Oriented Products
U.S. exports to the Republic of Korea (ROK) for Consumer Oriented products finished the year at a record high based on data through December 2014 at $3.5 Billion. This is a 22 percent increase over the same period in 2013. Compared to 2012, when the Korea U.S. Free Trade Agreement (KORUS FTA) was implemented, the Jan. - Dec. 2014 sales are also 25 percent higher. Total U.S. exports to ROK, now
total $7.6 billion, the highest level since 2011.