SEOUL, Jan. 17 (Korea Bizwire) — U.S. beef accounted for more than 50 percent of South Korea’s total imports of the meat in 2022, taking up the top spot for six years, industry data showed Tuesday. Asia’s fourth-largest economy imported 256,910 tons of American beef last year, or 54.1 percent of its total beef imports [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korea is expected to become the largest importer of U.S. beef for the first time in 13 years. The U.S. Department of Agriculture and U.S. Meat Export Federation reported that a total of 253,175 tons of U.S. beef were exported to South Korea between January and November of [...]
SEOUL, Aug. 30 (Korea Bizwire) — South Korea has stepped up sampling inspections of U.S. beef imports following a confirmation of a mad cow case, the government in Seoul said Thursday. The Ministry of Agriculture, Food and Rural Affairs said it has increased sampling inspections carried out on American beef from the current 3 percent [...]
SEOUL, Aug. 5 (Korea Bizwire) – U.S. beef and pork imports surged in the first half of 2018, expanding their presence in the South Korean market, a research institute said Sunday. According to the Korea Rural Economic Institute (KREI), both types of meat are rapidly increasing their market share in Asia’s fourth-largest economy, with beef [...]
SEOUL, Mar. 5 (Korea Bizwire) — U.S. beef imports shot up significantly last year, beating Australian meat to regain its No. 1 status in the South Korean market for the first time in 14 years, industry data showed Monday. South Korea imported 177,000 tons of U.S. beef last year, up 13.5 percent from 156,000 tons [...]
SEOUL, Nov. 20 (Korea Bizwire) — U.S. beef has gained a bigger presence in South Korea’s imported beef market this year helped by a bilateral free trade pact, achieving a share of over 50 percent, a trade agency said Monday. In the January-October period, U.S. beef imports reached US$989 million, accounting for 50.7 percent of [...]