Indonesian fishery product transactions in Busan, South Korea reached US$2.56 million
Market & Price Trends
Published Nov 15, 2023
Indonesian fishery and seafood products achieved transactions worth US$2.56 million at the Busan International Seafood & Fisheries Expo in South Korea. The exhibition served as a platform for Indonesian fisheries businesses to form partnerships with potential buyers from South Korea and other countries. Indonesian fishery exports to South Korea in 2022 reached US$96.4 million, with a growth rate of 8.4% in the past five years.
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Director of Primary Product Export Development of the Ministry of Trade (Kemendag) Merry Maryati commented that safe and high-quality Indonesian fishery and seafood products have once again become the main items. The exhibition is also considered to serve as a bridge to expanding networks. "This exhibition is a bridge for fisheries business partnerships between Indonesian fisheries business actors and potential buyers in South Korea and other countries," Maryati noted in a written statement from the Ministry of Trade in Jakarta, Tuesday. In the exhibition, the Indonesian Pavilion featured nine participants consisting of selected companies from various provinces that displayed a variety of fish and processed fish products. Apart from displaying products, the participants also conducted business matching with potential buyers, most of whom came from South Korea. "The Indonesian pavilion occupies a strategic location and displays superior products that are popular and ...