It has been found that Korea is the largest importer of US beef in the world this year as well as last year.
Korea, which resumed importing US beef in 2008, became the largest importer of US beef for the first time in 13 years last year.
According to the U.S. Department of Agriculture and the Meat Exporters Association (USMEF) on the 10th (local time), South Korea's imports of U.S. beef from this year to July of this year amounted to 167,874 tons, or $1.693 billion in value. Both of these amounts were the highest in the world.
This is a 4% increase in import volume and 33% increase in value compared to the same period last year.
The large increase in imports compared to imports is analyzed to be due to the sharp rise in beef prices as the COVID-19 crisis continues.
Following Korea, the countries with the highest imports of US beef this year were Japan, 152,658 tons, China and Hong Kong 139,409 tons.
In terms of amount, after Korea, China and Hong Kong, Japan, Taiwan, and Canada appeared in that order, with China and Hong Kong surpassing Japan.
In particular, U.S. beef imports from China and Hong Kong increased by 18% and 39% in value compared to the same period last year. was counted.