Overview

• July shipments of Korean agricultural and food products to the United States fell 6.7% year over year to $139 million, the first monthly drop since May 2023.
• Instant noodle exports declined 17.8% to $14 million and snack exports fell 25.9% to $20 million, with sauces and ginseng also lower.
• Officials and companies cite the new 15% tariff regime and earlier front‑loading of shipments as key factors behind the July reversal.
• Despite the monthly setback, January–July exports to the United States rose 21.3% from a year earlier to $1.07 billion, though momentum has cooled since June.
• Agriculture Minister Song Mi‑ryung met major food firms and announced expanded export vouchers, extended forex‑insurance support and efforts to diversify markets including the Middle East and Latin America.