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Under the 2019 rice Tariff Rate Quota (TRQ), Korea purchased a total of 408,700 metric tons (MT) of rice (milled basis) from three countries: the United States, China, and Vietnam.
Section Updated: Section I, II, III, V, VI, VII, VIII and IX and Appendix I and II.
This report provides minimal updates compared to the previous year’s report.
In MY 2018/19, total production of grain and other crops (grain-equivalent basis for potatoes) dropped 12 percent from the previous marketing year to an estimated 4.9 million metric tons....
The Korean government implemented a volume-based liquor tax for beer on January 1, 2020.
Domestic beef production fell in 2014 while imported beef increased to make up the shortfall.