date:May 14, 2012
.9m.
Exports to South Korea surged at the beginning of 2011 due to the culling of the domestic pig herd related to a foot-and-mouth disease (FMD) outbreak and a temporary duty-free tariff rate quota for some cuts of imported pork. Therefore, year-on-year exports were down 27% in volume and 12% in value in the first quarter of 2012, while still more than double the volume and triple the value recorded in the first quarter of 2010.
Seng added:While domestic supplies are recovering in Korea, we