Seaweed, the most important export item of South Korea, exported 65 billion won to Japan this year

Published 2022년 6월 7일

Tridge summary

Despite the trade conflict between Korea and Japan and the COVID-19 pandemic, Korean seaweed exports to Japan have seen an 11% increase, reaching 65 billion won in a recent export contract. This growth is due to the strategic expansion of high-value added seaweed products such as seasoned laver and seaweed preparations, which have hit record highs in contract amounts. The Ministry of Oceans and Fisheries attributes this success to quality and hygiene management, communication with the Korea Fisheries Trade Association, and increased demand for seaweed preparations in Japanese households during the pandemic. The Ministry plans to further support seaweed exports through increasing the export quota for high-added value items and establishing a B2C support system for smooth export and promotion of domestic companies and products in overseas online markets.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Overcoming bad news of Corona 19 with high value-added strategy The popularity of Korean seaweed in Japan is not waning despite the trade conflict between Korea and Japan and the big bad news of Corona 19. The Ministry of Oceans and Fisheries announced that it had signed an export contract worth 65 billion won, an increase of 11% compared to the previous year, at the 28th Korean seaweed export bidding and consulting session to Japan, which was held via videoconference from the 24th to the 25th. Despite the global decline in consumption due to the prolonged Corona 19, seaweed is increasing the export scale every year as the most effective export item among agricultural and fishery products. Japan is a major importer of Korean laver, and Korean exporters are expanding the export market in Japan with various products such as seasoned laver and seaweed in addition to dried laver, a traditional export item. It is noteworthy that the total amount of seaweed exports reached 8.7 ...

Source: Susantimes