Colombia’s seaweed market trends in South Korea

Demand for Korean products increases, but export procedures are somewhat complicated Imports from Korea have continued to increase over the past five years. Imports in 2023 will increase by 8.4% compared to the previous year. Chinese seaweed market share partially replaced by Korean seaweed Most of the domestic companies’ competitors are Chinese. Conditions for exporting seaweed to Colombia are strict To export seaweed, 6 types of approval and certification documents are required. It takes several months or more to receive documents. However, you can get help from an import agent, etc. How can domestic companies succeed? More expensive than Chinese products... Consider price competitiveness Snack seaweed has a good response, so it is desirable to dominate the market. It should be actively utilized as an advantage, such as tariff-free application. As the Korean Wave spreads globally, awareness of K-food is also increasing. Although exports to Colombia have only recently begun, we ...