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SEOUL, Nov 1 Asia Pulse - China surpassed the United States as the biggest exporter of agricultural products to South Korea in the January-September period as local consumers turned to cheaper Chinese farm produce, the government said Tuesday.
Agricultural imports from China rose 33.5 per cent year-on-year to US$2.6 billion during the period, exceeding those from the U.S., according to the Ministry of Agriculture and Forestry. Imports from the U.S. sank 21.9 per cent to $1.7 billion.
Cheaper prices were the main reason for the surge in imports from China, while geographic proximity was a ...