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Trade Mission to Korea A Success

04/09/2024

The recent trade mission led by Alexis M. Taylor, USDA Undersecretary for Trade and Foreign Agricultural Affairs, should be considered a success. More than six hundred meetings with potential importers were arranged. U.S. companies reported $67 million in orders to be filled during the coming twelve months. The population of South Korea now at 50 million offers an opportunity for exports of U.S. agricultural products. 

 

For the first two months of 2024, South Korea imported 635 metric tons of egg products valued at $2.5 million.  Exports were up 177 percent in volume and 92 percent in value over the corresponding first two months of 2023. This is in part due to demand over the Lunar New Year and limited supply of shell eggs and products following depletion of flocks as a result of outbreaks of HPAI.