US beef export volume to Korea drops 7% - USMEF
Export value climbed 12% to $172.3 million
18 April 2024
1 minute read
By: February US beef export volume to Korea was lower than a year ago (down 7% to 18,074 mt), export value climbed 12% to $172.3 million, according to data released by USDA and compiled by the US Meat Export Federation (USMEF).
January-February exports followed a similar trend, falling 4% to 36,863 mt while value increased 12% to $342.8 million.
The Korean government recently announced measures aimed at easing food price increases, which have been especially sharp for fruits and vegetables.
Rising prices have made Korea’s post-COVID foodservice recovery even more challenging, but US beef continues to find success in the home meal replacement and restaurant meal replacement segments.
