Sharp increase in imports, especially from the US... Domestic self-sufficiency ‘stumbles’ [FTA 20 years]

게시됨 2024년 4월 1일

Tridge 요약

South Korea has witnessed a significant increase in the importation of agricultural and livestock products, with figures soaring 4.3 times since 2003 to reach $43.6625 billion in 2023. This surge is largely attributed to the country's Free Trade Agreements (FTAs) with major trading partners such as the United States, the European Union, ASEAN, China, and Australia, which have led to a higher proportion of imports from these FTA countries. Key imports experiencing growth include pork, chicken, and fruits like cherries. The article also sheds light on the repercussions of these imports on South Korea's domestic agricultural sector, highlighting a decline in beef self-sufficiency, a reduction in grape cultivation areas, and raising concerns about the future competitiveness of domestic milk and cheese production as tariffs on imports from key trading partners are phased out.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Imports of agricultural and livestock products in 2023 increased 4.3 times compared to 2003, just before the first free trade agreement (FTA) took effect. According to aT (Korea Agro-Fisheries and Food Trade Corporation) and the Korea Rural Economic Institute, imports of agricultural and livestock products increased sharply from $10.222 billion in 2003, to $30.393 billion in 2013, and to $43.6625 billion in 2023. In particular, the presence of FTA countries has increased. According to the 'Import and Export Trends of Agricultural and Livestock Products in FTA Countries' published by the Korea Agricultural Research and Development Institute, the proportion of FTA-concluding countries among the total imports of agricultural and livestock products increased from 50.4% (USD 15.324 billion) in 2013 to 83.3% (USD 36.3808 billion) in 2023. . Looking at each country, the FTA concluded with the United States is considered a catalyst for increasing imported agricultural and livestock ...
출처: Nongmin

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