South Korea: Gyeongsangnam-do last year exported $238.72 million of seafood

Published 2022년 1월 28일

Tridge summary

Gyeongnam Province saw a 10-year high in seafood exports in 2021, reaching $238.72 million, a 25.9% increase from the previous year. The province's top export items, including oysters, pollock, and squid, contributed to this growth. Japan was the largest importer of Gyeongnam's seafood, followed by China and the United States. The province plans to further grow its seafood exports by developing markets, promoting joint marketing, and establishing a fishery food industry base complex.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Gyeongnam Province said that its seafood exports last year reached $238.72 million, the highest in the past 10 years. According to the statistics of the Korea Agro-Fisheries & Food Trade Corporation (KATI), the export of seafood in 2021 in Gyeongsangnam-do increased by 25.9% compared to 2020. Gyeongnam Province explained that this is because the export performance of key export items such as oysters, pollock, and squid increased evenly. In particular, oysters, the largest export item in Gyeongsangnam-do, recorded an export of 73.41 million dollars, accounting for 30.8% of the province's seafood exports. By country, Japan was the largest exporter with a share of 31.8%, followed by China (29.7%) and the United States (16.1%). Among the top 10 exporting countries, China, Taiwan, Indonesia, and Malaysia showed an increase in export performance, with exports more than 1.5 times higher than in 2020. Gyeongnam Province analyzed that this increase in export of seafood is also ...
Source: Susantimes

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