Agricultural Trade Office The U.S. Embassy, Seoul  · World The U.S. Chile New Zealand Uzbekistan...

Agricultural Trade Office

The U.S. Embassy, Seoul

www.atoseoul.com

• Data Source: Global Trade Atlas (www.gtis.com), CIF Value Basis,

• This presentation tracks Korea’s imports of agricultural products on a four digit HS Code.

• This presentation tracks those product categories that the U.S. exported $10 million or larger value to Korea in 2018. The only exceptions are, Live Fish (HS0301 – 8.9M) Butter and Dairy Spreads (HS0405 – 7.2M), Honey(HS0409 - $3.6M).

Korea’s Agricultural Imports From the World vs. From the U.S.

0

5

10

15

20

25

30

35

40

Bill

ion

s $

USD

Others

The U.S.

Top 10 Ag. Exporters to Korea

0

1

2

3

4

5

6

7

8

Bill

ion

s $

USD

2017

2018

2018(Jan-Jun)

2019(Jan-Jun)

Korea, 5th Largest U.S. Export Market

4.5

0

5

10

15

20

25

30

Bill

ion

s $

USD

2017

2018

2018(Jan-Jun)

2019(Jan-Jun)

Source: BICO data, FOB Value Basis

Agricultural Imports by Sector From the World / From the U.S.

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000

Seafood

Forest

Consumer Oriented

Intermediate

Basic

Millions $USD

Total 2017 Total 2018 Total `18 Jun Total `19 Jun

117

40

2,801

729

1,281

0 2,000 4,000 6,000 8,000 10,000 12,000 14,000 16,000

Seafood

Forest

Consumer Oriented

Intermediate

Basic

Millions $USD

US 2017 US 2018 US `18 Jun US `19 Jun

Korea’s Agricultural Imports From The U.S.

Sector Breakdown

0

1

2

3

4

5

6

7

8

9

10

Bill

ion

s $

USD

Fishery

Forestry

Consumer

Intermediate

Basic

Live Horses (HS0101) Top Exporters to Korea

0

5

10

15

20

25

World The U.S. Australia Germany France Netherlands

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Beef, Fresh (HS0201) Top Exporters to Korea

0

50

100

150

200

250

300

350

400

450

500

World The U.S. Australia Canada New Zealand Mexico

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Beef, Frozen (HS0202) Top Exporters to Korea

0

200

400

600

800

1,000

1,200

World The U.S. Australia New Zealand Canada Mexico

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

0

100

200

300

400

500

600

700

800

900

1,000

World The U.S. Germany Spain Canada Chile

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Pork, Fresh & Frozen (HS0203) Top Exporters to Korea

Bovine Edible Offal, Not Dried (HS0206)

Top Exporters to Korea

0

20

40

60

80

100

120

140

160

World The U.S. Australia New Zealand Spain Germany

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Poultry Meat (HS0207) Top Exporters to Korea

0

20

40

60

80

100

120

140

160

World Brazil Thailand Denmark Chile The U.S.

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Pig Fat (HS0209) Top Exporters to Korea

0

2

4

6

8

10

12

14

World The U.S. Canada Spain France Germany

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Meat offal (HS0210) Top Exporters to Korea

0

1

2

3

4

5

6

7

8

9

World The U.S. Spain Italy Australia Austria

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

0

50

100

150

200

250

300

World China Hong Kong Japan The U.S. Philippines

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Fish, Live (HS0301) Top Exporters to Korea

0

100

200

300

400

500

600

700

800

World Russia China The U.S. Norway Chile

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Fish, Frozen – Not Fillets (HS0303) Top Exporters to Korea

0

50

100

150

200

250

300

350

World Vietnam The U.S. Norway China Italy

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Fish, Fillets (HS0304) Top Exporters to Korea

0

100

200

300

400

500

600

World Russia Vietnam China Canada The U.S.(#10)

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Crustaceans (HS0306) Top Exporters to Korea

0

5

10

15

20

25

30

35

40

45

World The U.S. France New Zealand Australia Germany

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Milk and Cream (HS0402) Top Exporters to Korea

0

10

20

30

40

50

60

70

World Netherlands The U.S. Germany Canada France

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Whey (HS0404) Top Exporters to Korea

0

5

10

15

20

25

30

35

40

45

50

World New Zealand France The U.S. Australia UnitedKingdom

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Butter and Dairy Spreads (HS0405) Top Exporters to Korea

0

50

100

150

200

250

300

World The U.S. New Zealand Germany Australia France

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Cheese and Curd (HS0406) Top Exporters to Korea

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

4,500

World Australia New Zealand The U.S. Canada Germany

Tho

usa

nd

s $

USD

Honey (HS0409) Top Exporters to Korea

0

10

20

30

40

50

60

70

80

90

World The U.S. Australia Spain New Zealand Germany

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Guts, Bladders, Stomachs (HS0504) Top Exporters to Korea

0

2

4

6

8

10

12

14

16

World Australia The U.S.

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Potatoes, Fresh or Chilled (HS0701) Top Exporters to Korea

0

20

40

60

80

100

120

140

160

180

200

World The U.S. Australia China Turkey Chile

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Almonds, Walnuts, Pistachio, etc. (HS0802)

Top Exporters to Korea

0

20

40

60

80

100

120

World Thailand Philippines Peru The U.S. Mexico

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Dates, Fig, Pineapples, etc. (HS0804) Top Exporters to Korea

0

50

100

150

200

250

300

World The U.S. Spain South Africa Israel Mexico

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Citrus Fruit, Fresh (HS0805) Top Exporters to Korea

0

20

40

60

80

100

120

140

160

World Chile Peru Australia The U.S. Turkey

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Grapes, Fresh/Dried (HS0806) Top Exporters to Korea

0

20

40

60

80

100

120

World The U.S. Chile New Zealand Uzbekistan Australia

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Cherries, etc., Fresh (HS0809) Top Exporters to Korea

0

10

20

30

40

50

60

70

80

90

World New Zealand Chile Thailand Vietnam The U.S.

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Other Fresh Fruits – Cranberry, Blueberry, etc. (HS0810)

Top Exporters to Korea

0

10

20

30

40

50

60

World China The U.S. Vietnam Chile Peru

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Fruits & Nuts, Frozen (HS0811) Top Exporters to Korea

0

50

100

150

200

250

300

350

World The U.S. Colombia Brazil Switzerland Vietnam

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Coffee (HS0901) Top Exporters to Korea

0

100

200

300

400

500

600

World The U.S. Australia Ukraine Canada Russia

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Wheat & Meslin (HS1001) Top Exporters to Korea

0

200

400

600

800

1,000

1,200

1,400

World The U.S. Brazil Argentina Serbia Ukraine

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Corn (HS1005) Top Exporters to Korea

0

50

100

150

200

250

World The U.S. China Vietnam Thailand India

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Rice (HS1006) Top Exporters to Korea

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

9,000

World China The U.S. Nigeria Ukraine Nepal

Tho

usa

nd

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Grain Sorghum(HS1007) Top Exporters to Korea

0

50

100

150

200

250

300

350

World The U.S. China Canada Russia Australia

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Soybeans (HS1201) Top Exporters to Korea

0

20

40

60

80

100

120

World China The U.S. India Nigeria Pakistan

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Oil Seeds (HS1207) Top Exporters to Korea

0

10

20

30

40

50

60

70

80

World Australia The U.S. China Chile Japan

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Seed for Sowing (HS1209) Top Exporters to Korea

0

20

40

60

80

100

120

140

160

180

200

World The U.S. Australia Spain Canada Italy

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Hay and Fodder (HS1214) Top Exporters to Korea

0

20

40

60

80

100

120

140

World China Vietnam India France The U.S.

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Vegetable Saps & Extracts (HS1302) Top Exporters to Korea

0

20

40

60

80

100

120

140

160

180

World The U.S. Argentina Vietnam Germany China

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Soybean Oil (HS1507) Top Exporters to Korea

0

5

10

15

20

25

30

35

40

45

50

World The U.S. Malaysia Singapore China Indonesia

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Margarine, Shortening (HS1517) Top Exporters to Korea

0

2

4

6

8

10

12

14

16

18

20

World The U.S. Denmark Spain Australia Italy

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Sausages & Similar Products (HS1601) Top Exporters to Korea

0

20

40

60

80

100

120

World Thailand China The U.S. Denmark Netherlands

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Other Prepared or Preserved Meat (HS1602)

Top Exporters to Korea

0

10

20

30

40

50

60

70

80

90

World China The U.S. Netherlands Turkey Germany

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Glucose Syrup (HS1702) Top Exporters to Korea

0

20

40

60

80

100

120

140

World Germany China The U.S. Japan Belgium

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Sugar Confectionery (HS1704) Top Exporters to Korea

0

20

40

60

80

100

120

140

160

180

World The U.S. China Belgium Italy Singapore

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Chocolate Confectionery (HS1806) Top Exporters to Korea

0

20

40

60

80

100

120

World Germany The U.S. France New Zealand China

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Preparations of Flour, Groats (HS1901) Top Exporters to Korea

0

5

10

15

20

25

World The U.S. Belgium China Germany Thailand

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Cereal Products (HS1904) Top Exporters to Korea

0

10

20

30

40

50

60

70

80

90

100

World Malaysia The U.S. China Japan Indonesia

Mill

ion

s $

USD

2017 (Jan-Mar) 2018 (Jan-Mar) 2019 (Jan-Mar)

Bread, Pastry, Cakes, Cookies (HS1905) Top Exporters to Korea

0

5

10

15

20

25

World The U.S. China Italy Chile Spain

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Tomatoes, Prepared (HS2002) Top Exporters to Korea

0

10

20

30

40

50

60

70

80

90

100

World The U.S. Canada Belgium China Netherlands

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Including: Frozen Potato Flake

Other Vegetables, Prepared/Frozen (HS2004)

Top Exporters to Korea

0

20

40

60

80

100

120

140

160

World China Thailand The U.S. Spain Italy

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Including: Canned Sweet Corn

Other Vegetables, Prepared/Not Frozen (HS2005)

Top Exporters to Korea

0

50

100

150

200

250

World China The U.S. Vietnam Philippines Thailand

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Including: Canned Fruits, Peanut Butter

Other Preserved Fruits & Nuts (HS2008) Top Exporters to Korea

0

20

40

60

80

100

120

140

World The U.S. Spain Turkey Vietnam Chile

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Fruit Juices (HS2009) Top Exporters to Korea

0

10

20

30

40

50

60

70

World The U.S. Germany Vietnam Brazil China

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Coffee, Tea, Mate Beverages (HS2101) Top Exporters to Korea

0

20

40

60

80

100

120

140

World China Japan The U.S. Thailand Hong Kong

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Sauces & Preparations (HS2103) Top Exporters to Korea

0

100

200

300

400

500

600

700

800

900

World The U.S. New Zealand Canada Australia Germany

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

NES: Not Elsewhere Specified

Food Preparations, NES (HS2106) Top Exporters to Korea

0

10

20

30

40

50

60

World The U.S. Thailand Germany Japan Italy

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Flavored Mineral Water (HS2202) Top Exporters to Korea

0

20

40

60

80

100

120

140

160

World Japan China Belgium The U.S. Netherlands

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Beer (HS2203) Top Exporters to Korea

0

20

40

60

80

100

120

140

World France Chile Italy The U.S. Spain

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Wine (HS2204) Top Exporters to Korea

0

20

40

60

80

100

120

140

World The U.S. Pakistan Brazil Cambodia South Africa

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Ethyl Alcohol over 80% AC (HS2207) Top Exporters to Korea

0

10

20

30

40

50

60

World UK China The U.S. France Japan

Mill

ion

s $

USD

2017 (Jan-Mar) 2018 (Jan-Mar) 2019 (Jan-Mar)

Sprits & Whiskies (HS2208) Top Exporters to Korea

0

50

100

150

200

250

300

World The U.S. China Egypt Ukraine Canada

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Residues of Starch Manufacture (HS2303)

Top Exporters to Korea

0

50

100

150

200

250

300

World The U.S. China Australia Thailand France

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Animal Feeds, Prepared (HS2309) Top Exporters to Korea

0

20

40

60

80

100

120

140

160

180

World The U.S. Canada Japan New Zealand Australia

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Bovine Hides and Skins, Raw (HS4101) Top Exporters to Korea

0

10

20

30

40

50

60

70

80

World Finland Denmark Canada The U.S. UnitedKingdom

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Fur Skins, Raw (HS4301) Top Exporters to Korea

0

50

100

150

200

250

300

350

World New Zealand Canada The U.S. Japan Papua NewGuinea

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Logs (HS4403) Top Exporters to Korea

0

50

100

150

200

250

300

World The U.S. Brazil India Greece Turkey

Mill

ion

s $

USD

2017 (Jan-Jun) 2018 (Jan-Jun) 2019 (Jan-Jun)

Cotton (HS5201) Top Exporters to Korea