South Korea: Gyeongnam seafood export achieved maximum performance

Seafood

South Korea

Market & Price Trends

Published Jan 13, 2024

Tridge summary

Last year, Gyeongnam seafood exports reached $251 million, marking a 3.5% increase and surpassing the all-time high from 2011. Despite a national decline in seafood exports, Gyeongnam's share of national exports increased to 8.4%, ranking 4th in the country. Oysters, conger eels, and blood clams were the driving forces behind this achievement, with Japan being the main export destination for Gyeongnam's marine products.

Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Despite the decline in national seafood exports, Gyeongnam seafood exports reached $251 million last year, an increase of 3.5% from the previous year, reaching an all-time record. Gyeongnam Province (Governor Park Wan-soo) announced on the 11th that it was provisionally calculated that last year's seafood exports amounted to $251 million, surpassing the all-time high of $244 million in 2011 for the first time in 12 years. Last year, the national seafood export amount was about $3 billion (provisional count), a decrease of about 4.6% compared to 2022, but Gyeongnam increased by 3.5% compared to the previous year. Gyeongnam’s share of national exports is 8.4%. It rose 0.7% compared to the previous year. It ranks 4th in the country after Busan, Seoul, and Jeonnam. Oysters increased by 5.7%, conger eels increased by 18.7%, and blood clams increased by 35.9%, serving as the driving force behind achieving the highest export performance ever. In particular, ‘oysters’, the No. 1 seafood ...

Source: Agrinet