South Korea: Gyeongsangnam-do, China Tmall support
Seafood
South Korea
Published Aug 14, 2023
Tridge summary
Gyeongsangnam-do saw a record high of $143.26 million in seafood exports in the first half of the year, surpassing the previous year by 18.8% and achieving 57% of this year's target. Oysters and blood clams were the top exported breeds, with increases of 23.2% and 54.2% respectively compared to the previous year. In order to further promote seafood exports, South Gyeongsang Province has allocated 150 million won to support seafood companies entering global online shopping malls, including opening a "Gyeongnam Brand Hall" in Tmall.
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
Gyeongsangnam-do announced that the cumulative export performance of seafood products in the first half of the year reached a record high of 143.26 million dollars, achieving 57% of this year's target of 250 million dollars. This is 18.8% higher than the previous year (120.57 million dollars) and 11% higher than 2011 (128.84 million dollars), which was the highest cumulative export in the first half of the year after counting exports. By breed, oysters ($52.75 million) with a market share of 36.8% and blood clams ($12.25 million) with an 8.6% market share increased by 23.2% ($9.92 million) and 54.2% ($4.31 million), respectively, from the previous year. Japan with a 35.4% share ($50.67 million) and China ($41.02 million) with a 28.6% share increased 20.3% ($8.57 million) and 22.5% ($7.54 million), respectively, from the previous year. South Gyeongsang Province has allocated 150 million won to support seafood companies entering global online shopping malls in the second ...
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