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Korea - Republic Of > East Asia and the Pacific + South Korea

In September 2024, a National Assembly member submitted a draft revision of the Act on Transboundary Movements of Living Modified Organisms, commonly referred to as the LMO Act.

Korea’s wine import sector has been undergoing a stabilizing phase since the explosive growth around 2021. In 2023, wine imports reached 506 million USD, down 12.9 percent from the previous year, totaling 56.5 million kg, a decrease of 20.4 percent compared to 2022.

Korea’s fresh pear production is projected to rise by 10.2 percent to 202,000 metric tons (MT) in marketing year (MY) 2024/25, helped by favorable weather and lower incidences of diseases and pests compared to the previous year.

Market share of U.S. corn in South Korea is expected to remain strong in MY 2024/25 after rebounding to 20 percent in MY 2023/24. Domestic rice production continues its slow decline as the government incentivizes farmers to switch to planting alternate crops.

U.S. agricultural exports to Jamaica in 2023 totaled approximately $601 million, which makes the United States a key trading partner for the Caribbean nation. Currently, some U.S. exported livestock feed inputs and intermediate foods to Jamaica are produced using biotechnological methods.

This report outlines the requirement for exporting food and agricultural products to Jamaica. There were no major changes to these requirements in 2024.

This report outlines the major export certificates required by the Government of Jamaica for imports of food and agricultural products.

Korean seafood imports totaled $5.93 billion in 2023, down 8.3 percent from 2022. Korean 2023 seafood imports from the United States totaled $203 million, a decrease of 11.4 percent year-to-year.

FAS/Seoul forecasts Korea’s 2025 milk production to decrease to 1.92 million tons. Korean milk production continues to decline in line with industry contraction and demographic-driven consumption declines.

Korea was the 5th largest country importer of the U.S. agricultural and related products in 2023. The United States is the leading supplier of imported consumer-oriented agricultural products for Korean retail industry, shipping $4.9 billion in 2023.

Chicken production in South Korea will continue its gradual growth trend through 2024 and into 2025, as poultry inventories recover from productivity challenges in 2023 and fend off a 2024 outbreak of HPAI.