Today's Date: Friday, January 06, 2012

For Coverage: January 05 - 06, 2012

1. OTHER MISCELLANEOUS ISSUES

Korea’s Exports of Agricultural Products Hit a Record High $7 Billion in 2011 [Korean, OSY]

http://www.yonhapnews.co.kr/economy/2012/01/05/0301000000AKR20120105204800002.HTML?template=2089

Summary: According to the Korean Ministry of Agriculture, Forestry, Fishery, and Food (MAFFF), Korea’s total exports of agricultural products in 2011 amounted to a record high $7.3 billion, up 23.8 percent from the previous year. Strong export growth to China and Japan, 49.8 percent and 22.5 percent respectively, led the overall export growth. Japan was the top export market for Korea ($2.3 billion), followed by China ($1.2 billion) and ASEN countries ($1 billion).

The information in this report was compiled by the Agricultural Trade Office (ATO) at the U.S. Embassy in Seoul, South Korea. The press summaries contained herein do NOT reflect USDA, the U.S. Embassy, or other U.S. government agency official policy or view point. U.S. food exporters can learn more about market opportunities in South Korea by reviewing ATO Seoul’s Exporter Guide and other reports available at www.fas.usda.gov by clicking on “attaché reports”.

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