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South Korea: Gyeongnam seafood exports record high until April

Seafood
South Korea
Published May 30, 2023

Tridge summary

Gyeongnam's cumulative export performance of marine products in April reached an all-time high of $86.98 million. This figure is 21.3% higher than the previous year ($71.68 million) and 31.9% higher than the 10-year average ($65.94 million). This figure is 7.8% higher than that of 2012 (80.66 million USD), which was the highest cumulative export until April. In terms of breed, oysters (frozen oysters and crude oysters), which accounted for 40% of cumulative exports until April, increased by 36.6% year-on-year to 2947. 10,000 dollars was exported, and shellfish (refrigerated) with a market share of 10% exported 8.41 million tons, up 71.1% from the previous year.

Original content

Gyeongnam's cumulative exports of marine products in April reached an all-time high of $86.98 million. This figure is 21.3% higher than the previous year (71.68 million dollars) and 31.9% higher than the 10-year average (65.94 million dollars), and 7.8% higher than 2012 (80.66 million dollars), the highest cumulative export since April. . In terms of varieties, oysters (frozen oysters and prepared oysters), which accounted for 40% of cumulative exports until April, increased by 36.6% year-on-year, exporting $29.47 million, and shellfish (refrigerated), which accounted for 10% of the market share, reached 8.41 million, up 71.1% year-on-year. tons exported. In addition, the main exporting countries of Gyeongnam fishery products are Japan, China, and the United States, which account for 80% of total exports, and are greatly influenced by the three countries. Japan exported $30.79 million, up 29.4% year-on-year, and China exported $22.98 million, up 11.3% year-on-year. In addition, ...
Source: Fisheco
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