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Current Position:Home » Documents » Food Industry Reports »

Korea Honey Market Brief

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  • Published: 2014-06-27
  • File Format: PDF
  • Views: 20   
  • Size: 457.85K
  • Language: English
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Introduction
Despite the high trade barrier, South Korean consumers maintain strong demand for imported honey for quality, value and diversity. Korea’s natural honey imports amounted to $7.6 million in 2013 and the United States remained the leading supplier by accounting for 46 percent of the imports. The KoreaUnited States Free Trade Agreement (KORUS FTA) has established zero-tariff import quota on American honey. As a result, Korea’s honey imports from the United States are expected to continue a solid growth in the coming years.
 
 
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