South Korea: Forage Market Report 2019
The United States continues to be a top supplier of forage to South Korea. While U.S. exports were down 15 percent by value in 2018, the United States still accounts for 77 percent of total forage imported by Korea. The demand in Korea is mainly due to the Korean livestock sector’s reliance on high quality imported forage. While Australia, Canada and the United States will all have tariffs phased out under their respective free trade agreements with Korea, the United States will still have an advantage due to the types of forage we produce and ship.
