The Korean Agrifood Sextic industry: Its Actual Conditions and Overseas Expansion Strategy

Market breadth of global agrifood by the year 2030: 10,000 trillion KRW (10,000,000,000,000,000). US, EU, and China: world's three trade zones and FTA trade system(account for GDP 73% of world economy, the third country of FTA trade in the world). The imbalance of import and export has become serious in Korea and Chinaagrifood trade.(export: 1.3 billion USD, import: 5.7 billion USD / an adverse trade balance: four times or more). The Korean wave and improvement of the nation’s position could generate the export of agrifood. Developed countries which have exported agrifood overseas: the sector of agrifood accounts for 10% in total exports(but Korea: only 1% of its exports).