Under terms of its World Trade Organization (WTO) accession, South Korea is required to import 408,700 MT of rice annually. That mandatory volume is imported with a tariff rate of 5% and anything above this amount comes in at 513%. Single and two-person households comprised more than half of the Korean population in 2015. This demographic has led to rapid growth in convenience foods and ready-made meal products.
USA Rice Activities
USA Rice works closely with rice importers to share information about the U.S. rice industry. We also conduct internet advertising and develop new menu items for the foodservice and food manufacturers with a focus on processed foods and snacks.