Browse Data and Analysis

Market Year (MY) 2020/21 Korean compound feed production is forecast to reach a record volume of around 21.2 MMT in MY 2020/21, based on strong growth in swine and poultry inventories.

South Korean wine imports reached a record $259 million in 2019, up 6.3 percent from 2018. U.S. wine exports to Korea increased 11.6 percent in 2019 to $34 million.

The imported beer market in South Korea continues to show robust growth due to strong consumer demand for products of diversified taste and higher quality.

In crop year 2016/17, South Korean tangerine production is expected to continue a multi-year trend of decreasing quantity and increasing quality.

In February 2016, Korea revised the Food Sanitation Act, expanding mandatory biotech labeling to include all products with detectable biotech ingredients.

On November 16, 2016, South Korea reported an outbreak of the Highly Pathogenic Avian Influenza (HPAI) H5N6 that has since continued to spread rapidly.

Despite high domestic cattle and beef prices, Post forecasts Korea’s cattle calf crop to see its third consecutive yearly decline in 2017.

Imports of American food and agricultural products into Korea in 2016 through September totaled $5.1 billion, down 11 percent from the previous year mainly due to reduced demand for basic...

On November 15, 2016, Statistics Korea (KOSTAT) released its revised 2016 rice production estimate to 4.197 million metric tons (MMT), slightly down from 4.2 MMT, the initial rice production...