Note: This report includes forecasting data that is based on baseline historical data.
Report content summary
A competitive trade analysis (CTA) is intended to examine major competitors and determine where a company or country compares within an industry or sector.
This CTA highlights agri-food and seafood trade in South Korea and identifies the opportunities and potential growth areas for Canadian exporters.
Included are the top fifteen agri-food and seafood imports into South Korea. Throughout the report, a series of supply gap analysis demonstrate the areas for potential growth in Canadian exports to South Korea.
South Korea market summary
South Korea was the 5th largest importer of agri-food and seafood products in the world after the United States (U.S.), China, the European Union (E.U.) and Japan. South Korea recorded imports of Can$43.9 billion in 2019, and Canada's share was 2.3% or Can$1.0 billion.
South Korea is a net importer of agri-food and seafood products. In 2019, the South Korean agri-food and seafood trade deficit was Can$32.5 billion with Can$43.9 billion imports and Can$11.4 billion exports. South Korea's agri-food and seafood imports increased at a CAGR of 5.0% from 2015 to 2019.
In 2019, Canada had an agri-food and seafood trade surplus of Can$734.4 million with South Korea (export to South Korea at Can$913.8 million, import from South Korea at Can$179.4 million).
In 2019, South Korea's top agri-food and seafood imports from the world were maize, frozen beef, food preparations, fresh, chilled or frozen pork, and frozen fish.
In 2019, the top exports from Canada to South Korea were maize, frozen beef, food preparation, fresh, chilled or frozen pork, frozen fish.
Trade overview
South Korea is a net importer of agri-food and seafood products. In 2019, the South Korean agri-food and seafood trade deficit was Can$32.5 billion with imports valued at Can$43.9 billion, and Can$11.4 billion in exports. South Korea's agri-food and seafood imports increased at a CAGR of 5.0% from 2015 to 2019. In 2019, Canada had an agri-food and seafood trade surplus of Can$734.4 million with South Korea (export to South Korea at Can$913.8 million, import from South Korea at Can$179.4 million).
In 2019 South Korea's top agri-food and seafood imports from the world were maize, frozen beef, food preparations, fresh, chilled or frozen pork, and frozen fish. Key supplying countries were the United States (U.S.), China, Australia, Brazil and Vietnam. Canada ranked 9th among 189 supplying countries to South Korea, and has seen increases in market share for the most of the products benefiting from the Canada-Korea Free Trade Agreement (CKFTA).
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 36,159.2 | 37,256.9 | 39,312.3 | 43,146.6 | 43,972.8 | 5.0 |
| United States | 9032.2 | 90,99.7 | 10,185.8 | 12,091.5 | 11,842.3 | 7.0 |
| China | 4,592.7 | 4,941.0 | 4,831.3 | 5,374.6 | 5,359.5 | 3.9 |
| Australia | 3,157.1 | 3,517.5 | 3,739.3 | 3,407.3 | 3,358.6 | 1.6 |
| Brazil | 2,560.9 | 2,513.0 | 2,055.7 | 2,108.0 | 2,670.0 | 1.1 |
| Vietnam | 1,195.4 | 1,294.6 | 1,541.7 | 1,756.2 | 1,624.2 | 8.0 |
| Russia | 1,130.2 | 1,288.0 | 1,460.3 | 1,636.3 | 1,300.4 | 3.6 |
| Thailand | 1,049.1 | 840.8 | 887.4 | 1,191.3 | 1238.8 | 4.2 |
| Germany | 798.7 | 902.3 | 1,102.5 | 1,068.7 | 1,158.4 | 9.7 |
| Canada | 711.4 | 784.8 | 864.8 | 877.3 | 1,018.7 | 9.4 |
| Argentina | 795.4 | 950.0 | 575.6 | 377.3 | 969.3 | 5.1 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
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In 2019, the top five agri-food and seafood suppliers to South Korea accounted for Can$24.9 billion or 56.5% of the total imports. Canada has been a steady supplier of agri-food and seafood to South Korea over the past five years. Imports from Canada increased by 9.4% between 2015 and 2019 to a market share of 2.3% in 2019.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| United States | 25.0 | 24.4 | 25.9 | 28.0 | 26.9 | 2.0 |
| China | 12.7 | 13.3 | 12.3 | 12.5 | 12.2 | −0.5 |
| Australia | 8.7 | 9.4 | 9.5 | 7.9 | 7.6 | −1.1 |
| Brazil | 7.1 | 6.8 | 5.2 | 4.9 | 6.1 | −1.0 |
| Viet-Nam | 3.3 | 3.5 | 3.9 | 4.1 | 3.7 | 0.4 |
| Russian Federation | 3.1 | 3.5 | 3.7 | 3.8 | 3.0 | −0.2 |
| Thailand | 2.9 | 2.3 | 2.3 | 2.8 | 2.8 | −0.1 |
| Germany | 2.2 | 2.4 | 2.8 | 2.5 | 2.6 | 0.4 |
| Canada | 2.0 | 2.1 | 2.2 | 2.0 | 2.3 | 0.3 |
| Argentina | 2.2 | 2.6 | 1.5 | 0.9 | 2.2 | 0.0 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
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In 2019, Canada's import supply gap to South Korea was Can$42.9 billion, which grew by a CAGR of 4.9% between 2015 and 2019.
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 36,159.2 | 37,256.9 | 39,312.3 | 43,146.6 | 4,3972.8 | 5.0 |
| Imports from Canada | 711.4 | 784.8 | 864.8 | 877.3 | 1,018.7 | 9.4 |
| Supply gap | 35,447.8 | 36,472.1 | 38,447.5 | 42,269.3 | 42,954.1 | 4.9 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
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| HS code | Commodity | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|---|
| World total | 36,159.2 | 37,256.9 | 39,312.3 | 43,146.6 | 43,972.8 | 5.0 | |
| 1005 | Maize or corn | 2,830.6 | 2,514.9 | 2,323.0 | 2,765.8 | 3,122.2 | 2.5 |
| 0202 | Frozen beef | 1,739.6 | 2,051.1 | 2,003.5 | 2,361.9 | 2,728.1 | 11.9 |
| 2106 | Food preparations, n.e.s.[1] | 1,213.4 | 1,420.4 | 1,530.9 | 1,842.2 | 2,332.4 | 17.8 |
| 0203 | Fresh, chilled or frozen pork | 1,679.6 | 1,683.7 | 1,,985.2 | 2,247.1 | 2,123.5 | 6.0 |
| 0303 | Frozen fish (excluding fish fillets and other fish meat of heading 0304) | 1,674.2 | 1,747.3 | 1,785.4 | 1,824.7 | 1,717.2 | 0.6 |
| 0306 | Crustaceans, whether in shell or not, live, fresh, chilled, frozen, dried, salted or in brine, even smoked, | 1,030.0 | 1,129.6 | 1,327.4 | 1,520.1 | 1,592.1 | 11.5 |
| 1001 | Wheat and meslin | 1,412.3 | 1,334.3 | 1,243.1 | 1,296.9 | 1,313.7 | −1.8 |
| 0307 | Molluscs live, fresh, chilled, frozen, dried, salted or in brine; | 870.3 | 911.8 | 1,031.9 | 1,413.4 | 1,261.7 | 9.7 |
| 0201 | Fresh or chilled beef | 579.1 | 725.6 | 932.8 | 1,121.1 | 1,152.0 | 18.8 |
| 0901 | Coffee, whether or not roasted or decaffeinated | 698.6 | 745.0 | 849.8 | 825.9 | 877.9 | 5.9 |
| 1701 | Cane or beet sugar and chemically pure sucrose, in solid form | 881.8 | 970.3 | 1104.4 | 854.3 | 835.8 | −1.3 |
| 0304 | Fish fillets and other fish meat, whether or not minced, fresh, chilled or frozen | 595.3 | 635.1 | 668.2 | 800.5 | 772.6 | 6.7 |
| 2309 | Animal feeding preparations | 489.2 | 560.4 | 585.5 | 715.7 | 755.4 | 11.5 |
| 1201 | Soya beans, whether or not broken | 829.2 | 790.6 | 769.1 | 755.8 | 739.9 | −2.8 |
| 1605 | Crustaceans, molluscs prepared or preserved (excluding smoked) | 494.2 | 555.4 | 625.4 | 728.9 | 713.8 | 9.6 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate 1: not elsewhere mentioned |
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Top 15 agri-food and seafood imports
1. Maize (HS1005)
Canada was South Korea's small supplier of maize with imports valued at Can$0.8 million in 2018 but Can$0 in 2019. Imports from the world increased at a CAGR of 2.5% between 2015 and 2019. Imports from South Korea's primary source of maize: Brazil, Argentina and Serbia, have increased, while imports from the U.S. and Ukraine have decreased.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 2,826.6 | 2,510.3 | 2,316.2 | 2,757.5 | 3,115.3 | 2.5 |
| Brazil | 819.1 | 645.6 | 343.0 | 187.4 | 989.4 | 4.8 |
| Argentina | 102.6 | 385.2 | 304.2 | 251.0 | 790.5 | 66.6 |
| United States | 966.5 | 1,090.9 | 1,114.4 | 1,834.0 | 770.1 | −5.5 |
| Serbia | 135.4 | 26.6 | 44.3 | 15.6 | 228.0 | 13.9 |
| Ukraine | 436.8 | 23.2 | 160.7 | 2.5 | 107.5 | −29.6 |
| Paraguay | 14.1 | 45.3 | 39.9 | 53.0 | 95.4 | 61.1 |
| Bulgaria | 9.0 | 0.0 | 5.0 | 41.1 | 93.0 | 79.3 |
| Australia | 25.7 | 13.3 | 20.9 | 26.0 | 15.5 | −11.9 |
| Russia | 185.5 | 260.2 | 239.9 | 253.9 | 10.2 | −51.6 |
| Antigua and Barbuda | 0.0 | 0.0 | 0.0 | 9.9 | 6.9 | −29.7 |
| Canada (25th) | 0 | 0 | 0 | 0.8 | 0 | 44,6 |
|
Source: Global Trade Tracker, 2020 CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| Brazil | 29.0 | 25.7 | 14.8 | 6.8 | 31.8 | 2.8 |
| Argentina | 3.6 | 15.3 | 13.1 | 9.1 | 25.4 | 21.8 |
| United States | 34.2 | 43.5 | 48.1 | 66.5 | 24.7 | −9.5 |
| Serbia | 4.8 | 1.1 | 1.9 | 0.6 | 7.3 | 2.5 |
| Ukraine | 15.5 | 0.9 | 6.9 | 0.1 | 3.5 | −12.0 |
| Paraguay | 0.5 | 1.8 | 1.7 | 1.9 | 3.1 | 2.6 |
| Bulgaria | 0.3 | 0.0 | 0.2 | 1.5 | 3.0 | 0 |
| Australia | 0.9 | 0.5 | 0.9 | 0.9 | 0.5 | −0.4 |
| Russia | 6.6 | 10.4 | 10.4 | 9.2 | 0.3 | −6.3 |
| Antigua and Barbuda | 0.0 | 0.0 | 0.0 | 0.4 | 0.2 | 0.2 |
| Canada (25th) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
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| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 2,826.6 | 2,510.3 | 2,316.2 | 2,757.5 | 3,115.3 | 2.5 |
| Imports from Canada | 0 | 0 | 0 | 0.8 | 0 | 44,6 |
| Supply gap | 2,826.6 | 2,510.3 | 2,316.2 | 2,756.7 | 3,115.3 | 2.5 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
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2. Frozen beef (HS0202)
In 2019, Canada was South Korea's 5th largest supplier of frozen beef with imports valued at
Can$37.6 million. South Korea's frozen beef imports from Canada increased by a CAGR of 45.4% from 2015 to 2019.with a market share of 0.5% 2015 up to 1.4% in 2019. Mexico had the highest growth at a CAGR of 213.6% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 1,739.6 | 2,051.1 | 2,003.5 | 2,361.9 | 2,728.1 | 11.9 |
| United States | 766.2 | 997.7 | 1,017.6 | 1,347.0 | 1,599.9 | 20.2 |
| Australia | 856.1 | 885.3 | 823.8 | 849.8 | 949.0 | 2.6 |
| New Zealand | 98.2 | 118.9 | 107.6 | 114.2 | 93.1 | −1.3 |
| Mexico | 0.4 | 3.1 | 9.1 | 19.9 | 38.8 | 213.6 |
| Canada | 8.4 | 27.4 | 26.8 | 18.8 | 37.6 | 45.4 |
| Uruguay | 7.1 | 14.1 | 15.4 | 9.0 | 6.8 | −0.9 |
| Chile | 3.2 | 4.4 | 3.2 | 3.1 | 2.9 | −2.6 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
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| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| United States | 44.1 | 48.6 | 50.8 | 57.0 | 58.7% | 14.6 |
| Australia | 49.2 | 43.2 | 41.1 | 36.0 | 34.8% | −14.4 |
| New Zealand | 5.6 | 5.8 | 5.4 | 4.8 | 3.4% | −2.2 |
| Mexico | 0.0 | 0.2 | 0.5 | 0.8 | 1.4% | 1.4% |
| Canada | 0.5 | 1.3 | 1.3 | 0.8 | 1.4% | 0.9 |
| Uruguay | 0.4 | 0.7 | 0.8 | 0.4 | 0.3% | −0.2 |
| Chile | 0.2 | 0.2 | 0.2 | 0.1 | 0.1% | −0.1 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
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| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 1,739.6 | 2,051.1 | 2,003.5 | 2,361.9 | 2,728.1 | 11.9 |
| Imports from Canada | 8.4 | 27.4 | 26.8 | 18.8 | 37.6 | 45.4 |
| Supply gap | 1,731.2 | 2,023.7 | 1,976.7 | 2,343.1 | 2,690.5 | 11.7 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate. |
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3. Food preparation (HS2106)
Canada was South Korea's 3rd largest supplier of food preparation with imports valued at Can$105.8 million. Imports have more than doubled from 2015 levels to 2019 and increased by a CAGR of 21.5% between 2015 and 2019. Top supplier was the U.S at Can$1.4 billion in 2019.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 1,213.4 | 1,420.4 | 1,530.9 | 1,842.2 | 2,332.4 | 17.8 |
| United States | 708.3 | 846.0 | 864.3 | 1,043.9 | 1,353.4 | 17.6 |
| New Zealand | 73.9 | 81.4 | 104.7 | 132.1 | 150.1 | 19.4 |
| Canada | 48.6 | 54.6 | 66.0 | 78.8 | 105.8 | 21.5 |
| Germany | 24.4 | 35.0 | 44.2 | 54.6 | 98.0 | 41.5 |
| Australia | 44.3 | 49.6 | 58.0 | 69.9 | 79.6 | 15.8 |
| China | 50.6 | 56.5 | 57.7 | 61.9 | 72.1 | 9.3 |
| Japan | 26.4 | 42.6 | 50.5 | 63.4 | 67.0 | 26.2 |
| Singapore | 18.7 | 15.3 | 31.2 | 54.3 | 61.5 | 34.7 |
| Taiwan | 14.0 | 14.3 | 22.1 | 32.1 | 59.5 | 43.7 |
| Netherlands | 39.1 | 39.3 | 40.1 | 52.9 | 42.7 | 2.2 |
|
Source: Global Trade Tracker, 2020 CAGR: Compound Annual Growth Rate |
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| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| United States | 58.4 | 59.6 | 56.5 | 56.7 | 58.0 | −0.4 |
| New Zealand | 6.1 | 5.7 | 6.8 | 7.2 | 6.4 | 0.4 |
| Canada | 4.0 | 3.8 | 4.3 | 4.3 | 4.5 | 0.5 |
| Germany | 2.0 | 2.5 | 2.9 | 3.0 | 4.2 | 2.2 |
| Australia | 3.7 | 3.5 | 3.8 | 3.8 | 3.4 | −0.2 |
| China | 4.2 | 4.0 | 3.8 | 3.4 | 3.1 | −1.1 |
| Japan | 2.2 | 3.0 | 3.3 | 3.4 | 2.9 | 0.7 |
| Singapore | 1.5 | 1.1 | 2.0 | 3.0 | 2.6 | 1.1 |
| Taiwan | 1.2 | 1.0 | 1.4 | 1.7 | 2.6 | 1.4 |
| Netherlands | 3.2 | 2.8 | 2.6 | 2.9 | 1.8 | −1.4 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
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| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 1213.4 | 1420.4 | 1530.9 | 1842.2 | 2332.4 | 17.8 |
| Imports from Canada | 48.6 | 54.6 | 66.0 | 78.8 | 105.8 | 21.5 |
| Supply gap | 1164.8 | 1365.8 | 1464.9 | 1763.4 | 2226.6 | 17.6 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
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4. Fresh, chilled or frozen pork (HS0203)
Canada was South Korea's 4th largest supplier of fresh, chilled or frozen pork with imports valued at Can$169.7 million. Imports increased by a CAGR of 11.5% between 2015 and 2019 with a market share of 6.5% in 2015 up to 8.0% in 2019.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 1,679.6 | 1,683.7 | 1,985.2 | 2,247.1 | 2,123.5 | 6.0 |
| United States | 509.6 | 468.5 | 523.9 | 683.4 | 657.6 | 6.6 |
| Germany | 295.7 | 325.1 | 494.0 | 470.7 | 455.3 | 11.4 |
| Spain | 209.6 | 229.9 | 229.8 | 309.0 | 346.2 | 13.4 |
| Canada | 109.7 | 107.7 | 125.3 | 153.7 | 169.7 | 11.5 |
| Chile | 156.9 | 154.3 | 149.6 | 165.0 | 155.0 | −0.3 |
| Netherlands | 61.6 | 70.6 | 108.8 | 115.1 | 93.5 | 11.0 |
| Austria | 78.0 | 76.8 | 84.8 | 75.9 | 64.5 | −4.7 |
| Mexico | 43.6 | 63.8 | 74.1 | 67.5 | 55.2 | 6.1 |
| Denmark | 58.8 | 41.9 | 47.0 | 53.0 | 41.3 | −8.5 |
| France | 47.9 | 37.2 | 39.4 | 44.1 | 29.7 | −11.3 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
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| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| United States | 30.3 | 27.8 | 26.4 | 30.4 | 31.0 | 0.6 |
| Germany | 17.6 | 19.3 | 24.9 | 21.0 | 21.4 | 3.8 |
| Spain | 12.5 | 13.7 | 11.6 | 13.8 | 16.3 | 3.8 |
| Canada | 6.5 | 6.4 | 6.3 | 6.8 | 8.0 | 1.5 |
| Chile | 9.3 | 9.2 | 7.5 | 7.3 | 7.3 | −2.0 |
| Netherlands | 3.7 | 4.2 | 5.5 | 5.1 | 4.4 | 0.7 |
| Austria | 4.7 | 4.6 | 4.3 | 3.4 | 3.0 | −1.6 |
| Mexico | 2.6 | 3.8 | 3.7 | 3.0 | 2.6 | 0.0 |
| Denmark | 3.5 | 2.5 | 2.4 | 2.4 | 2.0 | −1.6 |
| France | 2.9 | 2.2 | 2.0 | 2.0 | 1.4 | −1.5 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
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| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 1,679.6 | 1,683.7 | 1,985.2 | 2,247.1 | 2,123.5 | 6.0 |
| Imports from Canada | 109.7 | 107.7 | 125.3 | 153.7 | 169.7 | 11.5 |
| Supply gap | 1,569.9 | 1,5760 | 1,859.9 | 2,093.4 | 1,953.8 | 5.6 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
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5. Frozen fish (HS0303)
In 2019, Canada was South Korea's 30th largest supplier of frozen fish with imports valued at Can$5.0 million. South Korea's frozen beef imports from Canada decreased by a CAGR of 12.2% from 2015 to 2019.with a market share of 0.5% 2015 down to 0.3% in 2019. Mexico had the highest growth at a CAGR of 67.1% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 1,674.2 | 1,747.3 | 1,785.4 | 1,824.7 | 1,717.2 | 0.6 |
| Russia | 472.1 | 477.2 | 553.4 | 527.6 | 487.5 | 0.8 |
| China | 443.5 | 465.7 | 396.9 | 422.0 | 386.7 | −3.4 |
| United States | 129.6 | 138.7 | 134.5 | 152.3 | 132.9 | 0.6 |
| Norway | 101.8 | 109.4 | 109.1 | 104.4 | 113.7 | 2.8 |
| Taiwan | 105.9 | 95.0 | 95.1 | 99.1 | 98.0 | −1.9 |
| Chile | 87.8 | 59.4 | 69.5 | 87.5 | 66.3 | −6.8 |
| Guinea | 32.6 | 53.4 | 48.8 | 58.7 | 65.4 | 19.0 |
| Senegal | 60.0 | 73.7 | 54.0 | 45.3 | 32.6 | −14.1 |
| Argentina | 55.3 | 44.6 | 38.6 | 46.7 | 30.1 | −14.1 |
| Mexico | 3.3 | 2.4 | 7.4 | 11.0 | 26.0 | 67.1 |
| Canada (30th) | 8.4 | 6.4 | 6.1 | 5.1 | 5.0 | −12.2 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
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| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| Russian Federation | 28.2 | 27.3 | 31.0 | 28.9 | 28.4 | 0.2 |
| China | 26.5 | 26.7 | 22.2 | 23.1% | 22.5 | −4.0 |
| United States | 7.7 | 7.9 | 7.5 | 8.4% | 7.7 | 0.0 |
| Norway | 6.1 | 6.3 | 6.1 | 5.7% | 6.6 | 0.5 |
| Taiwan | 6.3 | 5.4 | 5.3 | 5.4% | 5.7 | −0.6 |
| Chile | 5.2 | 3.4 | 3.9 | 4.8% | 3.9 | −1.4 |
| Guinea | 2.0 | 3.1 | 2.7 | 3.2% | 3.8 | 1.9 |
| Senegal | 3.6 | 4.2 | 3.0 | 2.5% | 1.9 | −1.7 |
| Argentina | 3.3 | 2.6 | 2.2 | 2.6% | 1.8 | −1.6 |
| Mexico | 0.2 | 0.1 | 0.4 | 0.6% | 1.5 | 1.3 |
| Canada (30th) | 0.5 | 0.4 | 0.3 | 0.3% | 0.3 | −0.2 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
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| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 1,674.2 | 1,747.3 | 1,785.4 | 1,824.7 | 1,717.2 | 0.6 |
| Imports from Canada | 8.4 | 6.4 | 6.1 | 5.1 | 5.0 | 0.3 |
| Supply gap | 1,665.8 | 1,740.9 | 1,779.3 | 1,819.6 | 1,712.2 | 0.7 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
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6. Crustaceans, live, fresh, chilled, frozen, dried (HS0306)
In 2019, Canada was South Korea's 4th largest supplier of crustaceans with imports valued at Can$140.4 million. South Korea's crustaceans imports from Canada increased by a CAGR of 22.2% from 2015 to 2019.with a market share of 6.1% 2015 up to 8.8% in 2019. Malaysia had the highest growth at a CAGR of 24.9% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 1,030.0 | 1,129.6 | 1,327.4 | 1,520.1 | 1,592.1 | 11.5 |
| Russia | 265.0 | 272.2 | 389.6 | 475.1 | 543.9 | 19.7 |
| Viet-Nam | 213.9 | 260.9 | 311.0 | 333.2 | 300.1 | 8.8 |
| China | 183.9 | 183.5 | 172.7 | 200.7 | 206.2 | 2.9 |
| Canada | 63.0 | 92.4 | 113.8 | 137.1 | 140.4 | 22.2 |
| Ecuador | 60.9 | 68.1 | 85.0 | 88.6 | 89.5 | 10.1 |
| Malaysia | 25.8 | 25.5 | 33.2 | 38.8 | 62.8 | 24.9 |
| Norway | 23.8 | 39.0 | 38.4 | 46.8 | 32.9 | 8.4 |
| Argentina | 12.3 | 14.1 | 17.9 | 25.7 | 30.0 | 24.8 |
| Thailand | 41.3 | 38.1 | 45.5 | 40.8 | 29.4 | −8.1 |
| United States | 53.8 | 49.7 | 35.7 | 32.2 | 29.0 | −14.3 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| Russia | 25.7 | 24.1 | 29.4 | 31.3 | 34.2 | 8.4 |
| Viet-Nam | 20.8 | 23.1 | 23.4 | 21.9 | 18.9 | −1.9 |
| China | 17.9 | 16.2 | 13.0 | 13.2 | 13.0 | −4.9 |
| Canada | 6.1 | 8.2 | 8.6 | 9.0 | 8.8 | 2.7 |
| Ecuador | 5.9 | 6.0 | 6.4 | 5.8 | 5.6 | −0.3 |
| Malaysia | 2.5 | 2.3 | 2.5 | 2.6 | 3.9 | 1.4 |
| Norway | 2.3 | 3.5 | 2.9 | 3.1 | 2.1 | −0.2 |
| Argentina | 1.2 | 1.3 | 1.4 | 1.7 | 1.9 | 0.7 |
| Thailand | 4.0 | 3.4 | 3.4 | 2.7 | 1.9 | −2.2 |
| United States | 5.2 | 4.4 | 2.7 | 2.1 | 1.8 | −3.4 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 1,030.0 | 1,129.6 | 1,327.4 | 1,520.1 | 1,592.1 | 11.5 |
| Imports from Canada | 63.0 | 92.4 | 113.8 | 137.1 | 140.4 | 22.2 |
| Supply gap | 967 | 1037.2 | 1213.6 | 1383 | 1451.7 | 8.8 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
7. Wheat and meslin (HS1001)
In 2019, Canada was South Korea's 4th largest supplier of crustaceans with imports valued at Can$158.6 million.. South Korea's wheat and meslin imports from Canada increased by a CAGR of 16.5% from 2015 to 2019.with a market share of 6.1% 2015 doubled up to 12.1% in 2019.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 1,412.3 | 1,334.3 | 1,243.1 | 1,296.9 | 1,313.7 | −1.8 |
| United States | 459.9 | 385.4 | 428.5 | 475.4 | 447.8 | −0.7 |
| Australia | 398.0 | 353.4 | 347.0 | 387.1 | 422.1 | 1.5 |
| Ukraine | 229.8 | 334.7 | 220.9 | 220.3 | 179.1 | −6.0 |
| Canada | 86.1 | 52.2 | 86.7 | 73.6 | 158.6 | 16.5 |
| Bulgaria | 24.6 | 23.4 | 34.1 | 0.0 | 53.9 | 21.7 |
| Romania | 0.1 | 20.0 | 9.0 | 0.0 | 46.5 | NC[1] |
| Russia | 0.1 | 33.9 | 28.5 | 136.1 | 2.6 | 157.3 |
| France | 74.1 | 18.3 | 21.5 | 2.6 | 1.5 | −62.0 |
| Turkey | 3.1 | 2.8 | 2.5 | 1.6 | 1.4 | −18.4 |
| China | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 158.1 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate 1: Not calculable |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| United States | 32.6 | 28.9 | 34.5 | 36.7 | 34.1 | 1.5 |
| Australia | 28.2 | 26.5 | 27.9 | 29.9 | 32.1 | 4.0 |
| Ukraine | 16.3 | 25.1 | 17.8 | 17.0 | 13.6 | −2.6 |
| Canada | 6.1 | 3.9 | 7.0 | 5.7 | 12.1 | 6.0 |
| Bulgaria | 1.7 | 1.8 | 2.7 | 0.0 | 4.1 | 2.4 |
| Romania | 0.0 | 1.5 | 0.7 | 0.0 | 3.5 | 3.5 |
| Russia | 0.0 | 2.5 | 2.3 | 10.5 | 0.2 | 0.2 |
| France | 5.3 | 1.4 | 1.7 | 0.2 | 0.1 | −5.1 |
| Turkey | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | −0.1 |
| China | 0.0 |
0.0 |
0.0 | 0.0 | 0.1 | 0.1 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 1,412.3 | 1,334.3 | 1,243.1 | 1,296.9 | 1,313.7 | −1.8 |
| Imports from Canada | 86.1 | 52.2 | 86.7 | 73.6 | 158.6 | 16.5 |
| Supply gap | 3,254.6 | 2,072.1 | 2,837.2 | 4,115.5 | 4,735.2 | 4.9 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
8. Molluscs (HS0307)
In 2019, Canada was South Korea's 16th largest supplier of molluscs with imports valued at Can$2.8 million. South Korea's molluscs imports from Canada increased by a CAGR of 6.6% from 2015 to 2019 with a market share of 0.3% 2015 down to 0.2% in 2019. New Zealand had the highest growth at a CAGR of 238.9% followed by Peru at a CAGR of 46.6% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 870.3 | 911.8 | 1,031.9 | 1,413.4 | 1,261.7 | 9.7 |
| China | 398.3 | 447.7 | 474.0 | 695.2 | 563.4 | 9.1 |
| Viet-Nam | 205.9 | 217.3 | 269.7 | 329.5 | 299.6 | 9.8 |
| Peru | 23.3 | 13.9 | 19.0 | 48.1 | 107.7 | 46.6 |
| Thailand | 67.2 | 53.8 | 61.9 | 78.2 | 63.4 | −1.4 |
| Mauritania | 40.4 | 33.0 | 26.0 | 38.1 | 41.3 | 0.5 |
| Japan | 36.1 | 44.5 | 41.4 | 40.6 | 35.2 | −0.7 |
| Chile | 26.0 | 39.3 | 56.8 | 92.6 | 32.8 | 6.1 |
| Argentina | 9.5 | 3.6 | 4.1 | 9.4 | 21.6 | 22.9 |
| Indonesia | 14.6 | 10.7 | 11.4 | 19.0 | 16.1 | 2.5 |
| New Zealand | 0.1 | 2.1 | 11.2 | 8.7 | 14.1 | 238.9 |
| Canada (16th) | 2.2 | 2.3 | 2.7 | 1.5 | 2.8 | 6.6% |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| China | 45.8 | 49.1 | 45.9 | 49.2 | 44.7 | −1.1 |
| Viet-Nam | 23.7 | 23.8 | 26.1 | 23.3 | 23.8 | 0.1 |
| Peru | 2.7 | 1.5 | 1.8 | 3.4 | 8.5 | 5.9 |
| Thailand | 7.7 | 5.9 | 6.0 | 5.5 | 5.0 | −2.7 |
| Mauritania | 4.7 | 3.6 | 2.5 | 2.7 | 3.3 | −1.4 |
| Japan | 4.2 | 4.9 | 4.0 | 2.9 | 2.8 | −1.4 |
| Chile | 3.0 | 4.3 | 5.5 | 6.6 | 2.6 | −0.4 |
| Argentina | 1.1 | 0.4 | 0.4 | 0.7 | 1.7 | 0.6 |
| Indonesia | 1.7 | 1.2 | 1.1 | 1.4 | 1.3 | −0.4 |
| New Zealand | 0.0 | 0.2 | 1.1 | 0.6 | 1.1 | 1.1 |
| Canada (16th) | 0.3 | 0.3 | 0.3 | 0.1 | 0.2 | −0.1 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 870.3 | 911.8 | 1,031.9 | 1,413.4 | 1,261.7 | 9.7 |
| Imports from Canada | 2.2 | 2.3 | 2.7 | 1.5 | 2.8 | 6.6 |
| Supply gap | 868.1 | 909.5 | 1029.2 | 1411.9 | 1258.9 | 9.7 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
9. Fresh or chilled beef (HS0201)
In 2019, Canada was South Korea's 3rd largest supplier of fresh or chilled beef with imports valued at Can$5.3 million. South Korea's fresh or chilled beef imports from Canada increased by a CAGR of 53.7% from 2015 to 2019.with a market share of 0.2% 2015 up to 0.5% in 2019.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 579.1 | 725.6 | 932.8 | 1,121.1 | 1,152.0 | 18.8 |
| United States | 191.2 | 286.7 | 507.9 | 658.1 | 716.2 | 39.1 |
| Australia | 386.3 | 436.7 | 418.7 | 456.7 | 428.7 | 2.6 |
| Canada | 1.0 | 0.4 | 4.8 | 4.9 | 5.3 | 53.7 |
| New Zealand | 0.7 | 1.8 | 1.3 | 1.4 | 1.3 | 18.8 |
| Mexico | 0.0 | 0.0 | 0.0 | 0.0 | 0.3 | 216.9 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| United States | 33.0 | 39.5 | 54.5 | 58.7 | 62.2 | 29.2 |
| Australia | 66.7 | 60.2 | 44.9 | 40.7 | 37.2 | −29.5 |
| Canada | 0.2 | 0.1 | 0.5 | 0.4 | 0.5 | 0.3 |
| New Zealand | 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | 0.0 |
| Mexico | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 579.1 | 725.6 | 932.8 | 1,121.1 | 1,152.0 | 18.8 |
| Imports from Canada | 1.0 | 0.4 | 4.8 | 4.9 | 5.3 | 53.7 |
| Supply gap | 578.1 | 725.2 | 928 | 1,116.2 | 1,146.7 | 12.1 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
10. Coffee (HS0901)
In 2019, Canada was South Korea's 29th largest supplier of coffee with imports valued at Can$3.9 million. South Korea's coffee imports from Canada decreased by a CAGR of 5.6% from 2015 to 2019.with a market share of 0.3% 2015 down to 0.2% in 2019. Switzerland had the highest growth at a CAGR of 39.7% followed by Italy at a CAGR of 11.0% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 2,287.1 | 2,323.9 | 2,522.7 | 2,387.3 | 2,465.6 | 1.9 |
| United States | 708.0 | 701.7 | 651.3 | 655.7 | 630.3 | −2.9 |
| Colombia | 343.2 | 344.7 | 434.0 | 378.1 | 373.1 | 2.1 |
| Brazil | 301.5 | 286.9 | 301.3 | 285.4 | 283.3 | −1.5 |
| Switzerland | 51.9 | 69.0 | 119.4 | 128.6 | 197.6 | 39.7 |
| Guatemala | 147.4 | 163.3 | 161.0 | 141.0 | 144.7 | −0.5 |
| Italy | 66.7 | 75.6 | 80.6 | 87.3 | 101.3 | 11.0 |
| Peru | 102.9 | 89.8 | 106.2 | 96.0 | 89.8 | −3.3 |
| Ethiopia | 61.9 | 77.8 | 82.3 | 82.1 | 87.4 | 9.0 |
| Viet-Nam | 91.0 | 90.3 | 115.6 | 88.3 | 85.2 | −1.6 |
| Honduras | 63.5 | 67.4 | 83.4 | 72.5 | 80.4 | 6.1 |
| Canada (29th) | 4.9 | 3.7 | 4.1 | 3.9 | 3.9 | −5.6 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| United States | 31.0 | 30.2 | 25.8 | 27.5 | 25.6 | −5.4 |
| Colombia | 15.0 | 14.8 | 17.2 | 15.8 | 15.1 | 0.1 |
| Brazil | 13.2 | 12.4 | 11.9 | 12.0 | 11.5 | −1.7 |
| Switzerland | 2.3 | 3.0 | 4.7 | 5.4 | 8.0 | 5.8 |
| Guatemala | 6.4 | 7.0 | 6.4 | 5.9 | 5.9 | −0.6 |
| Italy | 2.9 | 3.3 | 3.2 | 3.7 | 4.1 | 1.2 |
| Peru | 4.5 | 3.9 | 4.2 | 4.0 | 3.6 | −0.9 |
| Ethiopia | 2.7 | 3.4 | 3.3 | 3.4 | 3.5 | 0.8 |
| Viet-Nam | 4.0 | 3.9 | 4.6 | 3.7 | 3.5 | −0.5 |
| Honduras | 2.8 | 2.9 | 3.3 | 3.0 | 3.3 | 0.5 |
| Canada (29th) | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | −0.1 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 2,287.1 | 2,323.9 | 2,522.7 | 2,387.3 | 2,465.6 | 1.9 |
| Imports from Canada | 4.9 | 3.7 | 4.1 | 3.9 | 3.9 | −5.6 |
| Supply gap | 2,282.2 | 2,320.2 | 2,518.6 | 2,383.4 | 2,461.7 | 1.9 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
11. Cane or beet sugar (HS1701)
In 2019, Canada was South Korea's 16th largest supplier of cane or beet sugar with imports valued at Can$0.3 million. South Korea's cane or beet sugar imports from Canada decreased by a CAGR of 4,0% from 2015 to 2019.with a same market share of 0.04% in 2015 and 2019. El Salvador had the highest growth at a CAGR of 1714.2% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 881.8 | 970.3 | 1,104.4 | 854.3 | 835.8 | −1.3 |
| Australia | 511.9 | 842.7 | 963.2 | 539.3 | 475.9 | −1.8 |
| Thailand | 283.4 | 93.9 | 82.0 | 288.3 | 310.4 | 2.3 |
| El Salvador | 0.0 | 0.0 | 0.0 | 0.0 | 19.7 | 1714.2 |
| Malaysia | 16.1 | 13.0 | 8.8 | 8.7 | 7.0 | −19.0 |
| Brazil | 4.3 | 6.2 | 28.6 | 5.4 | 5.9 | 8.5 |
| United States | 4.6 | 3.8 | 4.1 | 4.3 | 3.9 | −3.6 |
| France | 0.5 | 0.6 | 0.5 | 1.4 | 3.2 | 55.3 |
| Philippines | 2.3 | 1.9 | 10.0 | 1.6 | 2.0 | −3.2 |
| Argentina | 0.4 | 0.8 | 1.1 | 0.8 | 1.2 | 29.5 |
| India | 0.2 | 0.3 | 0.4 | 0.5 | 1.1 | 59.5 |
| Canada (16th) | 0.3 | 0.5 | 0.2 | 0.1 | 0.3 | −4.0 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| Australia | 58.05 | 86.85 | 87.21 | 63.12 | 56.95 | −1.10 |
| Thailand | 32.14 | 9.68 | 7.43 | 33.75 | 37.14 | 5.00 |
| El Salvador | 0.00 | 0.00 | 0.00 | 0.00 | 2.36 | 2.36 |
| Malaysia | 1.83 | 1.34 | 0.79 | 1.02 | 0.83 | −1.00 |
| Brazil | 0.48 | 0.64 | 2.59 | 0.63 | 0.71 | 0.23 |
| United States | 0.52 | 0.40 | 0.37 | 0.50 | 0.47 | −0.05 |
| France | 0.06 | 0.06 | 0.04 | 0.17 | 0.38 | 0.32 |
| Philippines | 0.26 | 0.20 | 0.90 | 0.19 | 0.24 | −0.02 |
| Argentina | 0.05 | 0.08 | 0.10 | 0.10 | 0.15 | 0.10 |
| India | 0.02 | 0.03 | 0.03 | 0.06 | 0.13 | 0.11 |
| Canada (16th) | 0.04 | 0.05 | 0.01 | 0.01 | 0.04 | 0.00 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 881.8 | 970.3 | 1,104.4 | 854.3 | 835.8 | −1.3 |
| Imports from Canada | 0.3 | 0.5 | 0.2 | 0.1 | 0.3 | −4.0 |
| Supply gap | 881.5 | 969.8 | 1,104.2 | 854.2 | 835.5 | −3.7 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
12. Fish fillets and other fish meat (HS0304)
In 2019, Canada was South Korea's 31st largest supplier of fish fillets and other fish meat with imports valued at Can$0.85 million. South Korea's fish fillets and other fish meat imports from Canada increased by a CAGR of 199.9% from 2015 to 2019.with a market share of 0% in 2015 up to 0.11% in 2019. Italy had the highest growth at a CAGR of 36.7% followed by Norway at a CAGR of 18.5% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 595.3 | 635.1 | 668.2 | 800.5 | 772.6 | 6.7 |
| Viet-Nam | 130.9 | 127.0 | 117.9 | 152.5 | 142.4 | 2.1 |
| United States | 89.0 | 91.4 | 106.9 | 129.0 | 121.5 | 8.1 |
| Norway | 51.0 | 62.1 | 75.3 | 92.3 | 100.7 | 18.5 |
| China | 63.3 | 68.9 | 71.8 | 85.7 | 73.2 | 3.7 |
| Russian Federation | 61.2 | 69.2 | 62.7 | 70.5 | 69.4 | 3.2 |
| Italy | 16.9 | 24.3 | 33.8 | 39.5 | 59.0 | 36.7 |
| France | 13.6 | 17.9 | 20.9 | 23.8 | 29.3 | 21.2 |
| Taiwan | 22.0 | 21.9 | 19.8 | 21.7 | 25.5 | 3.8 |
| India | 15.0 | 11.1 | 16.9 | 22.8 | 22.5 | 10.7 |
| Spain | 21.3 | 14.8 | 11.5 | 32.4 | 20.7 | −0.7 |
| Canada (31st) | 0.01 | 0.19 | 0.47 | 0.90 | 0.85 | 199.9 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| Viet-Nam | 22.0 | 20.0 | 17.7 | 19.0 | 18.4 | −3.6 |
| United States | 15.0 | 14.4 | 16.0 | 16.1 | 15.7 | 0.8 |
| Norway | 8.6 | 9.8 | 11.3 | 11.5 | 13.0 | 4.5 |
| China | 10.6 | 10.9 | 10.8 | 10.7 | 9.5 | −1.2 |
| Russian Federation | 10.3 | 10.9 | 9.4 | 8.8 | 9.0 | −1.3 |
| Italy | 2.8 | 3.8 | 5.1 | 4.9 | 7.6 | 4.8 |
| France | 2.3 | 2.8 | 3.1 | 3.0 | 3.8 | 1.5 |
| Taiwan | 3.7 | 3.4 | 3.0 | 2.7 | 3.3 | −0.4 |
| India | 2.5 | 1.8 | 2.5 | 2.8 | 2.9 | 0.4 |
| Spain | 3.6 | 2.3 | 1.7 | 4.1 | 2.7 | −0.9 |
| Canada (31st) | 0.00 | 0.03 | 0.07 | 0.11 | 0.11 | 0.11 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 595.3 | 635.1 | 668.2 | 800.5 | 772.6 | 6.7 |
| Imports from Canada | 0.01 | 0.19 | 0.47 | 0.90 | 0.85 | 199.9 |
| Supply gap | 595.29 | 634.91 | 667.73 | 799.6 | 771.75 | 6.7 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
13. Animal feeding preparations (HS2309)
In 2019, Canada was South Korea's 5th largest supplier of animal feeding preparations with imports valued at Can$33.3 million. South Korea's animal feeding preparations imports from Canada increased by a CAGR of 16.7% from 2015 to 2019.with a market share of 3.7% in 2015 up to 4.4% in 2019. The United States was the top supplier growing at a CAGR of 14.7% followed by China at a CAGR of 7.8% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 489.2 | 560.4 | 585.5 | 715.7 | 755.4 | 11.5 |
| United States | 131.8 | 158.7 | 147.7 | 196.6 | 227.9 | 14.7 |
| China | 123.5 | 129.5 | 135.1 | 156.2 | 166.7 | 7.8 |
| Australia | 29.7 | 38.6 | 32.5 | 54.5 | 57.0 | 17.7 |
| Thailand | 26.8 | 31.7 | 36.7 | 36.5 | 44.9 | 13.8 |
| Canada | 18.0 | 21.9 | 24.7 | 28.0 | 33.3 | 16.7 |
| France | 38.5 | 41.7 | 49.3 | 62.2 | 32.8 | −3.9 |
| Netherlands | 14.5 | 19.6 | 23.5 | 25.2 | 30.5 | 20.5 |
| Japan | 24.2 | 25.1 | 29.8 | 32.3 | 30.2 | 5.6 |
| United Kingdom | 8.3 | 7.5 | 12.0 | 18.1 | 19.0 | 23.0 |
| Singapore | 11.6 | 13.7 | 15.5 | 14.9 | 17.3 | 10.4 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| United States | 27.0 | 28.3 | 25.2 | 27.5 | 30.2 | 3.2 |
| China | 25.2 | 23.1 | 23.1 | 21.8 | 22.1 | −3.2 |
| Australia | 6.1 | 6.9 | 5.6 | 7.6 | 7.5 | 1.5 |
| Thailand | 5.5 | 5.7 | 6.3 | 5.1 | 5.9 | 0.5 |
| Canada | 3.7 | 3.9 | 4.2 | 3.9 | 4.4 | 0.7 |
| France | 7.9 | 7.4 | 8.4 | 8.7 | 4.3 | −3.5 |
| Netherlands | 3.0 | 3.5 | 4.0 | 3.5 | 4.0 | 1.1 |
| Japan | 5.0 | 4.5 | 5.1 | 4.5 | 4.0 | −1.0 |
| United Kingdom | 1.7 | 1.3 | 2.1 | 2.5 | 2.5 | 0.8 |
| Singapore | 2.4 | 2.5 | 2.6 | 2.1 | 2.3 | −0.1 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 489.2 | 560.4 | 585.5 | 715.7 | 755.4 | 11.5 |
| Imports from Canada | 18.0 | 21.9 | 24.7 | 28.0 | 33.3 | 16.7 |
| Supply gap | 471.2 | 538.5 | 560.8 | 687.7 | 722.1 | 11.3 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
14. Soya beans (HS1201)
In 2019, Canada was South Korea's 4th largest supplier of soya beans with imports valued at Can$17.2 million. South Korea's soy beans imports from Canada increased by a CAGR of 9.0% from 2015 to 2019.with a market share of 1.5% in 2015 up to 2.3% in 2019. The United States was the top supplier growing at a CAGR of 12.8% followed by Brazil, however decreasing at a CAGR of 38.0% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 829.2 | 790.6 | 769.1 | 755.8 | 739.9 | −2.8 |
| United States | 371.3 | 386.7 | 365.0 | 407.7 | 601.6 | 12.8 |
| Brazil | 406.1 | 250.7 | 262.9 | 272.4 | 60.0 | −38.0 |
| China | 36.5 | 46.3 | 48.1 | 51.7 | 52.4 | 9.4 |
| Canada | 12.2 | 19.3 | 12.8 | 11.0 | 17.2 | 9.0 |
| Russia | 0.6 | 0.5 | 1.2 | 11.0 | 8.1 | 92.3 |
| Australia | 1.7 | 1.8 | 1.0 | 1.3 | 0.4 | −28.7 |
| Paraguay | 0.8 | 84.7 | 78.1 | 0.0 | 0.02 | −61.4 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| United States | 44.8 | 48.9 | 47.5 | 54.0 | 81.3 | 36.5 |
| Brazil | 49.0 | 31.7 | 34.2 | 36.0 | 8.1 | −40.9 |
| China | 4.4 | 5.9 | 6.3 | 6.8 | 7.1 | 2.7 |
| Canada | 1.5 | 2.4 | 1.7 | 1.5 | 2.3 | 0.9 |
| Russian Federation | 0.1 | 0.1 | 0.2 | 1.5 | 1.1 | 1.0 |
| Australia | 0.2 | 0.2 | 0.1 | 0.2 | 0.1 | −0.1 |
| Paraguay | 0.1 | 10.7 | 10.2 | 0.0 | 0.0 | −0.1 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 829.2 | 790.6 | 769.1 | 755.8 | 739.9 | −2.8 |
| Imports from Canada | 12.2 | 19.3 | 12.8 | 11.0 | 17.2 | 9.0 |
| Supply gap | 817.0 | 771.3 | 756.3 | 744.7 | 722.7 | −3.0 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
15. Crustaceans, molluscs prepared or preserved (HS1605)
In 2019, Canada was South Korea's 13th largest supplier of crustaceans, molluscs prepared or preserved with imports valued at Can$4.2 million. South Korea's crustaceans, molluscs prepared or preserved imports from Canada increased by a CAGR of 28.9% from 2015 to 2019.with a market share of 0,3% in 2015 up to 0.6% in 2019. The Vietnam was the top supplier growing at a CAGR of 13.7% followed by China at a CAGR of 12.8% over the past five years.
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| World | 494.2 | 555.4 | 625.4 | 728.9 | 713.8 | 9.6 |
| Vietnam | 113.1 | 124.7 | 157.5 | 189.6 | 188.9 | 13.7 |
| China | 100.4 | 137.1 | 143.6 | 166.2 | 162.5 | 12.8 |
| Peru | 79.1 | 79.9 | 83.6 | 131.5 | 118.5 | 10.6 |
| United Kingdom | 60.5 | 54.4 | 63.9 | 56.2 | 60.8 | 0.1 |
| Thailand | 39.9 | 50.2 | 63.6 | 62.4 | 54.3 | 8.0 |
| Philippines | 16.4 | 19.6 | 19.4 | 18.4 | 23.1 | 9.0 |
| Turkey | 7.9 | 8.2 | 11.3 | 17.5 | 17.6 | 22.2 |
| Ireland | 24.2 | 20.9 | 20.1 | 20.3 | 17.0 | −8.4 |
| New Zealand | 12.4 | 9.8 | 11.2 | 10.0 | 11.8 | −1.2 |
| Bulgaria | 5.0 | 11.5 | 13.4 | 10.4 | 8.5 | 14.0 |
| Canada (13th) | 1.5 | 1.7 | 1.7 | 6.1 | 4.2 | 28.9 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
| Country | 2015 | 2016 | 2017 | 2018 | 2019 | Percent point* change 2015-2019 |
|---|---|---|---|---|---|---|
| Viet-Nam | 22.9 | 22.5 | 25.2 | 26.0 | 26.5 | 3.6 |
| China | 20.3 | 24.7 | 23.0 | 22.8 | 22.8 | 2.5 |
| Peru | 16.0 | 14.4 | 13.4 | 18.0 | 16.6 | 0.6 |
| United Kingdom | 12.3 | 9.8 | 10.2 | 7.7 | 8.5 | −3.7 |
| Thailand | 8.1 | 9.0 | 10.2 | 8.6 | 7.6 | −0.5 |
| Philippines | 3.3 | 3.5 | 3.1 | 2.5 | 3.2 | −0.1 |
| Turkey | 1.6 | 1.5 | 1.8 | 2.4 | 2.5 | 0.9 |
| Ireland | 4.9 | 3.8 | 3.2 | 2.8 | 2.4 | −2.5 |
| New Zealand | 2.5 | 1.8 | 1.8 | 1.4 | 1.7 | −0.9 |
| Bulgaria | 1.0 | 2.1 | 2.1 | 1.4 | 1.2 | 0.2 |
| Canada (13th) | 0.3 | 0.3 | 0.3% | 0.8 | 0.6 | 0.3 |
|
Source: Global Trade Tracker, 2020 *Percent point change: difference between 2019 and 2015 value |
||||||
| Category | 2015 | 2016 | 2017 | 2018 | 2019 | CAGR* % 2015-2019 |
|---|---|---|---|---|---|---|
| Imports from the World | 494.2 | 555.4 | 625.4 | 728.9 | 713.8 | 9.6 |
| Imports from Canada | 1.5 | 1.7 | 1.7 | 6.1 | 4.2 | 28.9 |
| Supply gap | 492.7 | 553.7 | 623.7 | 722.8 | 709.6 | 9.5 |
|
Source: Global Trade Tracker, 2020 *CAGR: Compound Annual Growth Rate |
||||||
For more information
The Canadian Trade Commissioner Service:
International Trade Commissioners can provide Canadian industry with on-the-ground expertise regarding market potential, current conditions and local business contacts, and are an excellent point of contact for export advice.
For additional information on Seoul Food and Hotel Show 2020, please contact:
Ben Berry, Deputy Director
Trade Show Strategy and Delivery
Agriculture and Agri-Food Canada
ben.berry@agr.gc.ca
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Resources
- Global Trade Tracker, 2020
Competitive Trade Analysis – Agri-food and Seafood Trends in South Korea
Global Analysis Report
Prepared by: Hongli Wang, Market Analyst
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