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Attaché Report (GAIN)

South Africa: Market Opens for United States Soybeans

Soybeans from the United States are once again eligible to enter South Africa. After a mid-summer drought that caused a 35 percent drop in production, South Africa needs to import soybeans to supplement domestic production and maintain crushing demand.
South Africa has suspended anti-dumping duties on poultry from Brazil, Denmark, Ireland, Poland, and Spain for a period of twelve months, but the duties remain in place for U.S. poultry.
On March 16, 2021, the International Trade Administration Commission (ITAC) announced plans to review the tariff structure of poultry.
The significant rise of dog- and cat-owning households in East Asia presents an opportunity to increase the U.S. exports of pet food.
On December 24, 2018, Korea issued an updated list of adjustment tariffs and voluntary tariff rate quotas (TRQs) for certain agricultural, forestry and fishery products....
The Korean government implemented a volume-based liquor tax for beer on January 1, 2020.
South Africa has moved beyond considering whether section 25 of the Constitution should be amended to allow expropriation without compensation and has published a draft Bill inviting public comments.
Attaché Report (GAIN)

South Korea: KORUS FTA Orange TRQ Allocation Change

U.S. oranges coming into Korea from September 1- February 28 do so under a Tariff Rate Quota (TRQ) negotiated under the Korea-U.S. Free Trade Agreement (KORUS).
A tax on sugary beverages that went into effect in April 2018 is straining the South African sugar industry. Adding to the pressure, in February 2019, the Minister of Finance announced a 5 percent....
Attaché Report (GAIN)

South Korea: Exporter Guide

South Korea’s imports of American food and agricultural products in 2018 through October totaled $7.9 billion, up 16.8 percent from the same period of the previous year.
South Africa is the largest user of the African Growth and Opportunity Act (AGOA) for agricultural exports to the United States in the Southern African region.
International Agricultural Trade Report

U.S. Agricultural Export Opportunities in South Korea

South Korea is one of the most reliable export markets for U.S. agricultural goods. Its vibrant economy offers easy access to modern retail outlets...