Country assessment

South Korea

We assess South Korea as Dependent (45.1). Upstream dependence sets the real constraint: roughly 21.4 million tonnes of compound feed underwrite almost every kilogram of Korean meat, eggs, milk and farmed fish, and effectively all of the corn, wheat, soybean meal and distillers grains in that feed arrives by ship.[2]

The gap between appearance and structure defines the system. A country that produces two-thirds of its pork and 99 per cent of its rice still supplies only 22.2 per cent of its own grain,[1] so Korean protein is, at bottom, American and South American grain converted in Korean sheds.

Affordability is a relative strength, with 5.3 per cent of the population unable to afford a healthy diet in 2025, down from 12.2 per cent in 2017,[28] though that national average conceals the OECD's highest old-age poverty rate.[35]

The protein system

South Koreans are among the best-fed people in Asia. Daily protein supply reached 110.7 grams per person in 2023, on a calorie supply of 3,430 kcal, roughly double the physiological requirement.[5] The diet is unusually broad. Annual seafood consumption of around 60 kilograms per person runs at three times the world average, though meat overtook seafood by volume for the first time in 2022.[4] Meat consumption now stands near 60 kilograms per person a year: 30 kilograms of pork, 15.2 of chicken and 14.9 of beef in 2024.[10] Rice, the dietary staple, continues its long decline, falling to 53.9 kilograms per person in 2025 from 56.4 in 2023.[2]

Domestic production covers this consumption very unevenly. The 2023 food self-sufficiency rate was 49 per cent, continuing a slide that began in 2017; grain self-sufficiency including feed was 22.2 per cent, and rice stood at 99.1 per cent.[1] Livestock output in 2025 included about 1.43 million tonnes of pork against imports of 739,000 tonnes (2024), and beef self-sufficiency has fallen to 35.5 per cent, with imports of 580,000 tonnes carcass-weight in 2025.[3][9][10] Chicken self-sufficiency was 83.1 per cent in 2022.[8] Fisheries and aquaculture produced 3.61 million tonnes in 2024, meeting about 57 per cent of seafood demand.[4] Filling the gaps cost about USD 46 billion of agricultural and related imports in 2025, more than a fifth of it from the United States.[24]

Durable domestic capacity: 41

Quantitative score 45, adjusted down 4 points

A -4 adjustment applies for structural decline of the production base: arable land has contracted for eleven consecutive years and farm labour is ageing rapidly, so static self-sufficiency indicators overstate durable capacity.

Korea produces a great deal of protein at home, and the score reflects both that scale and the erosion beneath it. The rice system is the one genuinely sovereign asset: self-sufficiency of 99.1 per cent,[1] public stocks above a million tonnes,[18] and enough structural surplus that the state exports 150,000 to 180,000 tonnes a year as international food aid.[2] The livestock sector is large and technically sophisticated, with 10.8 million pigs, 3.3 million beef cattle and over 90 million broilers on inventory at the end of 2025,[2] and shallow-sea aquaculture delivers 2.25 million tonnes a year.[4]

The base is nonetheless shrinking on three fronts. Farmland fell for an eleventh consecutive year to 1.512 million hectares in 2023, losing 16,000 hectares in a single year to construction, industrial estates and rural ageing.[7] Rice production is being deliberately reduced, heading to 3.5 million tonnes in MY2026/27, a fifth consecutive decline, as the government pays farmers to switch crops.[2] And the wild-capture fishery is contracting: the adjacent-waters catch of 841,000 tonnes in 2024 was 12 per cent below 2023 and 9 per cent below the five-year average, held down by warming waters, shifting stocks and catch limits on fifteen species.[4] The Hanwoo beef herd is also in cyclical decline, down 5.8 per cent in the year to June 2025.[3] Production volume earns Korea a mid-band score; the direction of travel prevents anything higher.

Resource headroom: 33

Quantitative score 30, adjusted up 3 points

South Korea has very little left to draw on at home, and the land base is shrinking rather than sitting idle. Arable land works out near 0.03 hectares per person, and renewable internal freshwater of 1,255 cubic metres per person per year (2022) sits below the 1,700 threshold conventionally used to mark water stress.[6][7] FAOSTAT's land-use series confirms the direction: cropland fell 21.5 per cent and arable land fell 24.2 per cent between 2000 and 2024, and no flagship land-expansion programme sits behind either number.[42] The protein mix compounds the problem: pork and poultry, the growth meats, are the most feed-intensive systems Korea could have chosen, and every tonne of that feed grain is grown on someone else's land.[2]

Capital is not the constraint. Korea's agriculture orientation index for credit, the FAOSTAT measure of whether farming gets its proportionate share of lending relative to its share of the economy, stood at 2.74 in 2024, above the 1.00 parity mark and rising steadily from 2.13 in 2015, with real lending to agriculture, forestry and fishing up 74 per cent over the same span.[43] Irrigation covers roughly half of what arable land remains, 51 to 54 per cent across 2000-2024, though the equipped area itself has not grown since 2017, so the rising share is the arithmetic of a shrinking denominator rather than new construction.[42] The one large land-reallocation programme on record runs in the opposite direction from expansion: a rice-to-alternative-crop diversion scheme that pays farmers to switch paddy into beans, forage and corn to cut chronic rice oversupply. Its execution has sharply improved, from 44 to 53 per cent of target in its 2011 to 2019 phases to 98.5 per cent of a 127,000-hectare target in 2023, with a further 80,000-hectare cut planned for 2025 under a December 2024 reform plan.[44][45] That land stays in active cultivation of other crops; it is not idle, and the 764,000 hectares of rice paddy that remain are the working paddy stock, not a spare reserve.[7]

The exceptions are marine and important. Korean aquaculture supplied 62 per cent of national seafood output in 2024, up from 47 per cent in 2014, and its bulk is unfed, low-trophic production: 572,000 tonnes of sea mustard, 552,000 tonnes of laver and 310,000 tonnes of oysters that require no feed, no arable land and no freshwater.[4] Seaweed has outweighed fish in Korean production since 2016.[4] This is a real, operating form of headroom, funded and growing rather than aspirational, and we apply a +3 adjustment for it. Against that, the wild stocks that once provided cheap protein are visibly failing; East Sea squid catches collapsed 86 per cent between 2020 and 2023 and the coastal fleet is shrinking with them.[23]

Import exposure: 36

Quantitative score 30, adjusted up 6 points

Korea's import dependence is deep and its supplier base is narrow per commodity, though well-chosen. Total grain demand above 20 million tonnes is met overwhelmingly from abroad.[16] Feed corn illustrates the pattern: 9.31 million tonnes imported in MY2024/25 from effectively three suppliers, the United States (57 per cent), Brazil (22 per cent) and Argentina (20 per cent).[2] In the current marketing year the US share has climbed to 65 per cent on price competitiveness, with 6.7 million tonnes booked by March 2026.[2] Milling wheat comes 94 per cent from two countries, Australia (51 per cent) and the United States (43 per cent) in the first half of 2025,[11] against domestic wheat self-sufficiency of roughly 1 to 2 per cent.[2] The United States and Australia together supply about 90 per cent of imported beef by volume.[26] Pork is the diversified exception, sourced across the United States (36 per cent), Spain, Canada, Germany and Chile.[25]

Three factors keep this from scoring lower. First, the suppliers are stable, surplus-producing democracies spread across two hemispheres with harvests in opposite seasons. Second, the logistics avoid the classic chokepoints: trans-Pacific and Australian routes deliver staples without transiting Hormuz, Suez or Bab el-Mandeb, an advantage the 2026 Gulf crisis has made concrete. Third, Korea has begun buying position upstream in the chain: POSCO International owns 75 per cent of a 2.5-million-tonne grain terminal at Mykolaiv, Ukraine, which shipped Korea's first owned-origination feed cargoes in 2020-21;[16][27] the capability survived the Russian invasion in degraded form.[17] We apply +3 for owned origination and the demonstrated ability to swing between origins under an FTA lattice that gives duty-free access to the US, Australia, Canada and the EU.[2] We apply a further +3 for the chokepoint-free supplier geography itself, reflecting the same trans-Pacific and Australian lane structure, since a dependence that never has to pass a closable strait is materially safer than one of equal depth that does.

Upstream dependence: 22

Quantitative score 25, adjusted down 3 points

This is the pillar on which South Korea most resembles the Gulf states. The Korea Feed Association's own ingredient table for MY2024/25 shows the feed industry consuming 9.2 million tonnes of corn, 1.7 million tonnes of feed wheat, 2.1 million tonnes of soybean meal, 1.3 million tonnes of DDGS (97 per cent American) and 0.9 million tonnes of palm kernel meal, all imported, against a token 345,000 tonnes of domestic surplus rice.[2] Domestic livestock production is therefore better understood as a processing industry for foreign grain than as domestic capacity in any sovereign sense.

Fertiliser tells the same story with sharper edges. Korea manufactures finished fertiliser and imports every feedstock, holding, by the government's own admission, no national reserves of urea, ammonia, phosphate rock or potassium chloride.[14] China supplied 97 per cent of vehicle-grade urea when its October 2021 export halt froze Korean trucking within weeks;[12] Chinese customs held cargoes again in December 2023;[13] and in 2026 the Gulf war exposed the next layer, with about 40 per cent of urea and ammonia imports normally transiting the Strait of Hormuz, a million tonnes of fertiliser stranded on 21 vessels, and world contract prices jumping from USD 750 to USD 1,000 a tonne.[15] Poultry genetics arrive as imported breeding stock,[8] and HPAI plus African swine fever outbreaks since autumn 2025 have added herd volatility on top.[2] We apply -3 because the vulnerability is now thrice demonstrated rather than modelled.

Access and affordability: 75

Quantitative score 81, adjusted down 6 points

By the outcome measures that underpin this pillar, South Korea sits in the upper part of the global distribution without leading it. The World Bank's Food Prices for Nutrition series, the July 2026 vintage published alongside SOFI 2026, puts 5.3 per cent of the population unable to afford a healthy diet in 2025 and 5.5 per cent in 2024, down from 12.2 per cent in 2017 and inside the second-strongest scoring band.[28] Undernourishment sits at the FAO's practical measurement floor for high-income countries, reported at 2.5 per cent in 2023 and essentially unchanged since 2001,[29] and child stunting under five is 2.5 per cent against a 21.8 per cent Asia-wide average on the 2022 joint malnutrition estimates.[30] Physical access is not a constraint: Korea holds 17th place globally on the World Bank's Logistics Performance Index with a score of 3.8, level with the United States and served by the Port of Busan and Incheon International Airport.[34]

Price volatility is the softer indicator, and it is milder than it looks from the headlines. National food and non-alcoholic beverage inflation ranged from roughly 0.5 to 7.9 per cent year on year across 2022-2026, peaking at 7.9 per cent in August 2022,[41] and had eased to 0.9 per cent by July 2026.[31] Fresh-produce spikes recur with regularity: wholesale napa cabbage, the base ingredient of kimchi, ran about 128 per cent above a year earlier in mid-October 2024,[33] and retail prices rose 52 per cent in a single month to mid-August 2025 after heatwaves and heavy rain.[32]

The national averages conceal a real distributional problem. South Korea records the highest relative poverty rate among people aged 65 and over of any OECD member, 39.8 per cent in 2023,[35] and 2019 survey data show single-person households in the lowest income quartile facing food-insecurity odds 24 times higher than the highest quartile, with regional prevalence reaching 13.5 per cent in high-poverty urban districts.[36] On the same July 2026 release, the 5.3 per cent figure is worse than the United Kingdom's 2.9, Canada's 3.0, Australia's 3.2 and the United States' 4.5.[28] The indicators put the pillar at 81, a point below the United States and level with the rest of Europe, with undernourishment at the reporting floor, stunting of 2.5 per cent and top-20 logistics holding it that high against the weaker national figure. We deduct 6 points for the distributional concentration above, which the national average does not capture, taking the pillar from 81 to 75.

Shock endurance: 65

Quantitative score 62, adjusted up 3 points

Endurance is where wealth, institutions and practice show. Foreign exchange reserves stood at USD 427.4 billion at end-June 2026, according to Bank of Korea data,[20] equivalent to roughly six months of merchandise import cover at the mid-2026 import run rate of USD 66 to 69 billion a month,[37] giving Korea near-unlimited capacity to outbid rivals for grain in a crisis. Public rice stocks exceed a million tonnes against a target of 17 to 18 per cent of annual consumption,[18] and Korea underwrites the region's collective insurance, holding the largest donor position in the ASEAN+3 Emergency Rice Reserve with around 60 per cent of APTERR stocks.[19]

The shock record is genuinely good. In the 2016-17 and 2020-21 avian influenza waves, each of which culled around 29 to 30 million birds, the government removed tariffs and airlifted hundreds of millions of eggs, roughly 380 million in 2021 alone, restoring supply within months;[21] the identical playbook is running again in 2026.[22] The 2021 urea paralysis was resolved in weeks through emergency diplomacy, military stock releases and re-sourcing, followed by funded diversification subsidies and enlarged public urea reserves.[13] Through the first half of 2026, fertiliser supply has held stable despite the Gulf closure, per the agriculture ministry's emergency review of 20 March.[15] We apply +3 for the funded post-shock hardening and Korea's leading donor role in APTERR.

Crisis purchasing power is unambiguously strong. S&P has maintained Korea's sovereign rating at AA with a stable outlook into 2026,[38] on general government debt of 49 per cent of GDP in 2025,[39] giving the state market access few importers of equivalent exposure can match. The clearest demonstration is the 2020 Emergency Disaster Relief Fund, a payment to all 14 million households funded by a 12.2 trillion won supplementary budget and delivered largely as local consumption coupons within weeks of the COVID shock, Korea's first universal household benefit and direct evidence that social protection can scale fast under pressure.[40] The ceiling on the pillar remains structural: there is no strategic feed grain reserve, so a sustained interruption of feed imports would force herd liquidation within months, and no amount of fiscal depth can quickly rebuild a 21-million-tonne feed pipeline.

Trajectory

Policy direction is correct and consistently underfunded relative to its targets. The food self-sufficiency goal of 55.5 per cent has slipped from 2027 to 2029,[1] and the wheat self-sufficiency target was cut in 2026 from 10 per cent to 8 per cent by 2030 (200,000 tonnes) against actual production nearer 40,000 tonnes and a rate around 1 to 2 per cent.[2] Farmland loss continues at roughly 1 per cent a year with no reversal mechanism in sight.[7] The moves that would strengthen Korea's position are specific: a strategic feed grain reserve to complement the rice stockpile; national stocks of urea, ammonia, phosphate and potash, now under active review after three input shocks in five years;[14] expansion of owned overseas origination beyond the war-damaged Mykolaiv position;[16][17] and continued scaling of unfed aquaculture, the one protein system Korea can grow without importing its foundations.[4] Absent those, South Korea will remain what it is today: a rich, competent, well-run food system whose sovereignty ends at the waterline.

Sources

  1. South Korea: Declining food self-sufficiency rates linked to loss of farmland (MAFRA 2024 Statistical Yearbook figures) · La Via Campesina (2025)
  2. Grain and Feed Annual, Seoul, Korea - Republic of (KS2026-0009) · USDA Foreign Agricultural Service (2026)
  3. Livestock and Products Annual, Seoul, Korea - Republic of (KS2025-0028) · USDA Foreign Agricultural Service (2025)
  4. Korea Seafood Market Update 2025 (KS2025-0046) · USDA Foreign Agricultural Service (2025)
  5. Republic of Korea diet and nutrition profile (FAO Food Balance Sheets) · Global Diet Atlas (2025 (data 2023))
  6. Renewable internal freshwater resources per capita, Korea, Rep. · World Bank (2024 (data 2022))
  7. Arable land down for 11th consecutive year in 2023 · The Korea Times (Statistics Korea data) (2024)
  8. Challenges and constraints to the sustainability of poultry farming in Republic of Korea · Poultry Science (PMC11969154) (2025)
  9. Korean cattle self-sufficiency rate is falling, special measures are needed · Tridge (MAFRA data) (2024)
  10. South Koreans consumed 30kg of pork per person in 2024 · The Korea Herald (2025)
  11. Australia leads wheat exports to South Korea in H1 2025 · Agroreview (Korea Flour Mills Industrial Association data) (2025)
  12. Urea shortage threatens South Korea's transport, energy industries · Reuters via Rappler (2021)
  13. South Korea to support urea purchases outside China, boost reserves · KED Global (Korea Economic Daily) (2023)
  14. South Korea acknowledges lack of national fertilizer raw material reserves amid supply chain risks · Tridge Insights (2025)
  15. Korea braces for fertilizer crunch on top of energy crisis in Gulf fallout · Aju Press (2026)
  16. POSCO International opens grain terminal in Ukraine · The Korea Times (2019)
  17. South Korean grain trader partially resumes operations at Ukraine port · World Grain (2022)
  18. Public Stock Holding System · MAFRA (Ministry of Agriculture, Food and Rural Affairs) (2024)
  19. APTERR stockpiles · ASEAN Plus Three Emergency Rice Reserve (2025)
  20. S. Korea's foreign reserves rise in June despite FX market-stabilising measures · The Korea Herald (Bank of Korea data) (2026)
  21. South Korea imports eggs to restore avian flu-hit supply · WATTPoultry (2021)
  22. South Korea imports eggs to stabilise prices after HPAI shortfall · The Poultry Site (2026)
  23. Gyeongbuk's 10-ton fishing fleet shrinks as squid stocks fall · UPI (2026)
  24. South Korea: Exporter Guide Annual · USDA Foreign Agricultural Service (2026)
  25. Opportunities for U.S. agricultural products in South Korea · USDA Foreign Agricultural Service (2025)
  26. Korean and Australian beef markets and prospects for trade · ABARES (2025)
  27. Posco International stands at fore on Korea's food security amid pandemic · The Korea Herald (2020)
  28. Percent of the population who cannot afford a healthy diet (series CoHD_headcount), Republic of Korea and comparator countries, 2017-2025 · World Bank, Food Prices for Nutrition (DataBank source 88, classification Food Prices for Nutrition 5.0) (2026 (vintage 21 July 2026; data 2017-2025))
  29. Prevalence of undernourishment, South Korea · TheGlobalEconomy.com (FAO SOFI data) (2024 (data 2023))
  30. Republic of Korea nutrition profile · Global Nutrition Report (UNICEF/WHO/World Bank JME) (2025)
  31. South Korea food inflation · Trading Economics (Statistics Korea data) (2026)
  32. Napa cabbage price jumps 50% in a month due to abnormal weather · The Korea Herald (2025)
  33. Cabbage prices raise alarm bells ahead of kimchi-making season · The Korea Herald (2024)
  34. S. Korea breaks into World Bank's global logistics top 20 list for 1st time · KED Global (World Bank Logistics Performance Index data) (2023)
  35. Korea's relative poverty rate among seniors tops OECD nations · The Korea Times (Statistics Korea/OECD data) (2025 (data 2023))
  36. Regional disparities in food security and depression among single-person households in the Republic of Korea · Peer-reviewed (PMC10588069, data: 2019 Korea Community Health Survey) (2023)
  37. South Korea monthly merchandise imports · Trading Economics (Korea Customs Service data) (2026 (data June-July 2026))
  38. S&P hints at keeping South Korea's AA credit rating in 2026 on steady growth, fiscal stability · KED Global (S&P Global Ratings) (2025)
  39. Government debt to GDP, South Korea · Trading Economics (Ministry of Economy and Finance data) (2025 (data 2024))
  40. All South Koreans to get COVID-19 relief money · Inquirer News (Yonhap/Reuters) (2020)
  41. Consumer price index, food and non-alcoholic beverages, Republic of Korea, growth same period previous year (series KORCP010000GYM) · OECD Main Economic Indicators (Statistics Korea data) via FRED, Federal Reserve Bank of St Louis (2025 (monthly series January 2022 to April 2025))
  42. Inputs: Land Use, Asia regional data (irrigation-equipped area, arable land, cropland, Republic of Korea area code 117) · FAOSTAT (2026 (data through 2024))
  43. Investment: Credit to Agriculture, Asia regional data (Agriculture Orientation Index, credit value and share, Republic of Korea area code 117) · FAOSTAT (2026 (data through 2024))
  44. The Overview of Rice Production Control Policies in Korea · Food and Fertilizer Technology Center for the Asian and Pacific Region (FFTC-AP) (2024)
  45. In South Korea, farmers who grow strategic crops will receive subsidies starting this year (rice-to-crop diversion programme targets and outcomes, 2023-2025) · Tridge; USDA FAS GAIN Grain and Feed Update/Annual reports (Seoul) (2025)

What we could not measure

South Korea publishes no protein-specific food self-sufficiency ratio; the food (49 per cent) and grain (22.2 per cent) self-sufficiency rates used here are broader proxies, and dairy and egg self-sufficiency could not be found at national-statistics quality and are left out entirely. No single national survey shows how food insecurity varies by income, so the evidence used, elderly relative poverty and single-person-household food-insecurity odds, is stitched together from two separate sources, one of which predates the post-pandemic food inflation cycle.

Published August 2026 ·How scores are produced