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The United States is the leading supplier of imported consumer-oriented agricultural products to the Korean retail industry, shipping a record $5.4 billion in 2019.
On April 21, 2020, the Korean government released the final version of a new subsidy program for rice producers to replace the existing direct payment program.
The United States is the leading supplier of imported consumer-oriented agricultural products to the Korean retail industry, shipping a record $5.4 billion in 2019.
Korean seafood imports totaled $5.43 billion in 2019, down 6.3 percent from 2018. U.S. seafood imports decreased by 11.3 percent from $261 million to $232 million.
Korea updated the web portal used to register foreign food facilities that export to this market. Registration is a requirement for import clearance and must be renewed every two years.
U.S. distilled spirits exports to South Korea totaled $13.4 million in 2019, up 12.2 percent from 2018. The top U.S. products in the market are whiskey, vodka, and liqueurs.