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Trend of and supporting agri-food exporters

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  • Trend of and supporting agri-food exporters
  • Park, Gi-Hwan
  • Korea Rural Economic Institute


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Title Trend of and supporting agri-food exporters
Similar Titles
Material Type Reports
Author(English)

Park, Gi-Hwan

Publisher

[Seoul]:Korea Rural Economic Institute

Date 2013-03
Series Title; No Agricultural Policy Focus / no. 50
Pages 29
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Original Format pdf
Subject Economy < Trade
Industry and Technology < Agriculture
Holding KREI

Abstract

The volume of exported agricultural, forestry and livestock food was $5.6 billion (other than fishery food products) in 2012, the greatest in history, showing the tendency of continued increase. While free trade agreement with other countries continues to be made to shrink the agricultural sector, the significantly growing volume of export is owed mainly to government’s operation of the export support system together with the effort of related institutions as well as farmers. The Korean government supports finding new markets, promoting sales of agricultural and livestock products, and supporting purchase of quality agri-food, in order to increase farmer’s income and to develop the food industry by encouraging export of agri-food. The increased volume of exported agri-food contributes to the export industry of the agricultural sector, creating new demands and stabilizing prices of Korea’s agricultural products.

Nevertheless, there are some issues involved in export and operation of the export system. (The rest omitted)