South Korea: In the first half of 2021, seafood exports in South Chungcheong Province achieved an all-time high

Published 2021년 7월 30일

Tridge summary

South Chungcheong Province in South Korea has seen a significant increase in seafood exports in the first half of 2021, with a total of $85.09 million, marking a 56.1% increase from the same period last year and setting an all-time high. This growth surpasses the national export growth rate of 14.1%. The province has experienced a steady rise in seafood exports for 16 consecutive months, with other processed seaweed products like seasoned laver contributing significantly to this growth. The main importers of these products include China, the US, Taiwan, Russia, and Australia. This growth is attributed to factors such as the expansion of laver exports, the recovery of China's domestic demand, the diversification of exporting countries, the spread of awareness of seaweed as a superfood, and the promotion and support policies of the province.

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Original content

In the first half of this year, the export of seafood in South Chungcheong Province achieved an all-time high. As a result of tallying seafood exports from January to June of this year, Chungnam Province recently announced that it recorded $85.09 million, up 56.1% ($30.58 million) from $54.51 million in the first half of last year. The growth rate of exports of these provinces greatly exceeded the national export growth rate of 14.1% during the same period, ranking first in the country. Exports of seafood in South Chungcheong Province have been on the rise for 16 consecutive months, and despite the COVID-19 pandemic, it is showing a very steep increase, with the first export exceeding $100 million last year. As for the export value by item, other processed seaweed products such as seasoned laver accounted for 64.8% of the total, accounting for 64.8% of the total, recording USD 55.13 million, up 39.3% from USD 39.59 million in the same period last year. After other processed ...

Source: Fisheco