South Korea: Beer Market Report
Link to report:
U.S. beer exports to South Korea totaled $67 million in 2019, up 74 percent from the previous year. The Korean government implemented a volume-based liquor tax for beer on January 1, 2020, reducing the cost of higher quality beers in the market, including imported U.S. craft beer. The tax change and consumer demand for high-quality and diverse beers should benefit U.S. beer exports in coming years.
