Farmer's Weekly

Beef and wine in South Korea: big opportunities for SA exporters

South Korea has been touted by many agricultural economists and other industry role players as a burgeoning market for South African agricultural trade.

This is largely because South Korea is a major importer of food and food products.

And with a population of close to 52 million people and topography that doesn't lend itself to extensive agricultural production, it is likely that South Korea will remain a net importer of food for some time to come.

This is evidenced by the increase in the value of agricultural products imported into the country over the past decade, with the import value of food rising from US$21,36 billion (about R180 billion) in 2012 to US$32,58 billion (R526 billion) in 2021.

HISTORY OF AGRICULTURE IN SOUTH KOREA

According to the Organisation for Economic Co-operation and Development, when it comes to

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