Status of South Korean export logistics environment for seaweed, halibut, and crab

Published 2021년 11월 29일

Tridge summary

The article highlights the dynamics of aquatic product exports from Korea, with a focus on the increasing role of air freight in recent years, particularly for high value-added products like live halibut and crab. This shift is attributed to rising shipping costs and container shortages following the COVID-19 pandemic. Despite shipping being the dominant mode for most seafood exports, air exports have seen an annual increase, accounting for a small but growing share of the total. The article also notes the redirection of exports to different ports and countries, such as China, and the challenges of escalating freight costs. It emphasizes the need for government initiatives and strategic adjustments to mitigate logistics costs and improve efficiency in seafood exports.

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

Original content

Aviation exports increase mainly on items with high export unit prices Frozen aquatic products are mostly exported by ship, and live aquatic products are exported by air. After Corona 19, shipping costs have risen, making it difficult to export The government's ship support project and company-level countermeasures are needed Structure of aquatic products export logistics In the case of domestic seafood exports, 99.5% of the total volume as of 2020 is done through ships, but the proportion is on the decline. Seafood exports through air account for a very small proportion of the total, but are gradually increasing, and are mainly used for items with a relatively high export unit price compared to ship exports. Looking at the export patterns by type of aquatic products, in the export of seafood through air, the proportion of live aquatic products was high at 25.9% as of 2020, and the proportion is increasing every year. On the other hand, it was found that most of the frozen ...

Source: Fisheco