Production in the Korean food industry has expanded considerably in recent years, growing by 8.1% per year between 2005 and 2009 according to the Korea Food and Drug Administration.
2009 | 2010 | |
Food Production | USD 35.0 bil | USD 42.2 bil |
Food Ingredient | USD 14.6 bil | USD 21.6 bil |
Major destinations and sources of Korean food exports and imports (2011)
Top 5 recipients of Korean food exports | Top 5 sources of Korean food imports | |||
Country | Pct. Share | Country | Pct. Share | |
1 | Japan | 29.84% | United States | 33.57% |
2 | China | 15.98% | China | 23.39% |
3 | ASEAN | 14.90% | Australia | 22.13% |
4 | United States | 8.30% | Thailand | 12.81% |
5 | EU | 5.23% | New Zealand | 8.10% |