Australian seafood market trends

Updated Dec 22, 2020
Demand for seaweed snacks surged as'seaweed = health food' Australia does not produce seaweed, so imports are highly dependent on it. Korean imports increase in distribution, such as seaweed for seaweed, seaweed for sushi, seaweed snacks, and kimjaban… Average annual average of 16.5%↑ from 2013 to 2019 Fishery trade structure focused on imports Australia's fishery trade has declined by an average of 0.3% annually, reaching $2.61 billion in 2019. Exports are about $1.09 billion and imports are about $1.52 billion, showing a trade structure centered on imports of seafood. The overall trend of imports and exports has repeatedly increased and decreased, but the trade deficit, which reached $600 million, has partially recovered since 2015, maintaining an average of $400 million. As of 2017, Australia exports $1.1 billion a year of seafood to about 80 countries around the world. The major seafood exporters are Asian countries, and out of the top 10 exporting countries as of 2019, 8 ...
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