Demand from Korea Surges Despite Tariff Pressures
South Korea has quickly risen to become one of Australia’s top four global markets, driven by the establishment of the KAFTA (Korea-Australia Free Trade Agreement) and strong consumer demand for Australian red meat. However, 2026 has seen ongoing discussions around the quota safeguard which after being exceeded sees a tariff rate increase from 5.3% to 24%.
Travis Brown, MLA Regional Manager for Japan and Kora, shared his insights in the latest episode of the On the Ground podcast.
“Last year, we hit our quota around mid-September. This year, it looks like we'll probably hit that quota towards the end of July...
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