The imported beer market in South Korea continues a robust growth due to strong consumer demand for products of diversified taste and higher quality.  Korea’s beer imports totaled about $152 million in 2016 through October, up nearly 29 percent from the same period in 2015.  Imports from the United States...

Imports of American food and agricultural products into Korea in 2016 through September totaled $5.1 billion, down 11 percent from the previous year mainly due to reduced demand for basic commodities and intermediate products in the local processed food and feed industry...

Income growth and popularity in pet ownership, especially dogs, have increased demand for pet food in South Korea.  Korea imported a total of $148 million worth of pet food in 2015, and 11% increase from $133 million in 2014.  Respectively, Korea imported $40 million worth from the United States...

Since the FMD outbreak in 2010, local raw milk production has rebounded, but has outpaced slower growing demand.  As a result, higher ending stock levels in 2014 carried over into 2015.  Overall local raw milk products recorded 2 percent negative volume, but per capita volume consumption...

The KORUS FTA (Free Trade Agreement) went into effect March of 2012, and the agreement’s elimination of tariffs for almonds and pistachios, as well as tariff reductions for walnuts, has expanded opportunities for U.S. tree nut producers. Since the KORUS FTA, the United States has been...