Agriculture in South Korea

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Agriculture in South Korea is a sector of the Economy of South Korea. The natural resource for agriculture in South Korea is not abundant. Two thirds of the country are mountains and hills. Arable land only accounts for 22 percent of the country's land. The most important crop in South Korea is rice, accounting about 90 percent of the country's total grain production and over 40 percent of farm income. Other grain products heavily rely on imports from other countries.[1]

With the rapid growth of South Korea's economy and urbanization, areas of farmland have been decreasing and rural populations have moved from the countryside to cities.[1]

National Agricultural Cooperative Federation (NACF) is South Korea's Agricultural cooperative, which is a nationwide organization in charge of agriculture banking, supply of agriculture input factors and sales of agriculture products.

References

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See also

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