South Korea
U.S. Trade with South Korea in 2024
Export Market Rank
#6 Among U.S. Agricultural Export Markets
Total Export Value
$8.52 Billion
3-Year Average
$8.51 Billion
Compound Average Growth
3.3% (2015-2024)
Total Export Value 2015 - 2024
Export Value by Commodity 2024
Top 10 Exports to South Korea in 2024
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Beef & Beef Products | $2.22 Billion | 232,479 | $1.78 Billion | 174% |
| Pork & Pork Products | $727.9 Million | 214,432 | $555.52 Million | 54% |
| Corn | $688.63 Million | 3 Million | $680.72 Million | 6% |
| Food Preparations | $491.44 Million | 13,943 | $387.57 Million | 81% |
| Wheat | $480.2 Million | 1.86 Million | $376.61 Million | 55% |
| Dairy Products | $385.66 Million | 101,824 | $350.03 Million | 26% |
| Fresh Fruit | $376.2 Million | 133,625 | $404.08 Million | 1% |
| Distillers Grains | $361.08 Million | 1.49 Million | $268.41 Million | 159% |
| Soybeans | $325.53 Million | 642,637 | $313.91 Million | 46% |
| Tree Nuts | $293.99 Million | 50,314 | $300.59 Million | -17% |
Data and Analysis
The 2024 U.S. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world during the 2024 calendar year.
South Korea’s whiskey imports experienced a compound annual growth rate (CAGR) of 17.1% in value from 2020 to 2024, totaling $249 million.
With limited domestic production and increasing consumer demand, Korean imports of tree nuts continue to grow steadily, recording a compound annual growth rate of six percent over the last five years.
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Jun 10
Jun 13
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USDA Endorsed
Seoul Food and Hotel
Seoul, South Korea
News and Features
Private exporters reported the following sales activity for MY 2024/2025: 130,000 MT of white wheat for delivery to South Korea and 20,000 MT of soybean oil for delivery to unknown destinations.
Private exporters reported sales of 132,000 MT of corn for delivery to South Korea during MY 2024/2025.
Private exporters reported sales of 132,000 MT of corn for delivery to South Korea during MY 2024/2025.