South Korea’s Hotel, Restaurant and Institutional (HRI) food service sector continues to grow as consumers spend more on dining out and look for more convenience in their busy lives. In 2017, HRI sales totaled W128 trillion Korean Won ($113.5 billion), up 8 percent. This report provides....

Korean imports of seafood in 2018 totaled $5.79 billion, up 16.2 percent from 2017 due to rising prices and increased imports of shrimp and squid. Imports of American seafood also increased by 12.3 percent from $233 million to $261 million. The United States remained the fifth largest exporter...

Elevated food safety concerns coupled with evolved taste of the South Korean consumers generate increased demand for imported organic foods.  Korea's imports of organic foods amounted to $140 million in 2017, up 8.2 percent from the previous year.  The United States remained the leading supplier...

Strong consumer demand for value, quality, convenience, and diversity generates increased demand for imported agricultural products in the Korean retail industry.  The United States remains the leading supplier of consumer-oriented agricultural products to the Korean retail industry.  Korea’s imports...

Korea relies heavily on imports to fulfill its food and agricultural needs. Korea maintains a strong food processing industry that manufactures a wide variety of food and beverage products. As a result, the Korean food processing industry offers an outstanding opportunity for imported agricultural products...