Abalone in South Korea's Jeollanam-do, securing a stable export network to Japan

Published 2023년 6월 19일

Tridge summary

In June 2023, South Jeolla Province announced a partnership between five local abalone exporting companies and three Japanese distributors to boost abalone exports to Japan by $10 million over three years. This initiative aims to overcome market challenges in Jeonnam and establish a stable distribution network in Japan. The agreement includes a commitment to providing a consistent supply of fresh abalone and responsible transportation, with Japan being the largest importer of Korean abalone. The partnership is expected to enhance the market presence of Jeonnam abalone in Japan through comprehensive marketing efforts.

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Original content

South Jeolla Province recently announced that at an agricultural and fishery food export conference held in Naju in the first half of 2023, five companies exporting abalone from Jeollanam-do signed a business agreement with three Japanese aquatic product distributors for three years to export $10 million. Exports are expected to be boosted by expanding the Jeonnam Mountain abalone market, which is difficult due to sluggish consumption and falling prices, and by establishing a stable distribution network in Japan. In this business agreement, Nuri English Association Corporation, Wando Susan English Association Corporation, Youngjin Fisheries Corporation, Haemiwon, and Management Fisheries Corporation participated in this business agreement, and Nippon Fish Co., Ltd., Tosenbo Co., Ltd., and Grologistics Co., Ltd. participated in Japan. . According to the agreement, the two Japanese importing companies promote continuous ordering and local distribution, and the five exporting ...

Source: Fisheco