South Korea: Mokpo City leaps forward as the mecca of the global seaweed industry

Mokpo City in Jeollanam-do is making a leap forward as a central city for the seaweed industry in Korea by using the seaweed industry as a new growth engine. Korea's seaweed is the No. 1 item in exports of fishery products with a 70% global market share, and has maintained steady growth since recording exports of $600 million in 2020. In Mokpo, the seaweed industry has become a major economic engine as well as an export product. According to the city of Mokpo on the 5th, seaweed accounts for 70% of the 78 million dollars in exports in the Mokpo region, and seaweed is a key industry that accounts for 94% of exports of marine products. Last March, five organizations, including the Japan Fisheries Agency, embassy, consulate, Japan National Seaweed Processing Association, and National Seaweed Wholesale Association, visited the seaweed processing plant in Daeyang Industrial Complex. The visiting delegation showed great interest in visiting two seaweed processing companies in the Mokpo ...