News

South Korean seaweed exports increased by nearly 30% year-on-year from January to February this year

Frozen Seaweed
Seafood
South Korea
Market & Price Trends
Published Apr 1, 2024

Tridge summary

The article highlights a significant uptick in Korea's seaweed exports, particularly seasoned seaweed, to key global markets in the early part of the year. The United States, China, and Thailand have seen remarkable increases in imports, with China becoming the largest volume destination following a 42.2% rise to $23.13 million. The U.S. and Japan also experienced substantial growths in imports, 41.6% and 5.5% respectively, with Japan's seasoned seaweed imports alone jumping by 24.1%. Thailand's imports grew by 4.7%, indicating a strong and expanding global appetite for Korean seaweed products.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Among the major seaweed export destinations, exports to the United States, China and Thailand increased significantly. Thanks to the increase in demand for seasoned seaweed, exports of seaweed to the United States increased by 41.6% year-on-year in January and February this year to US$28.18 million, and export volume increased. 29.5%. Exports to China increased by 42.2% to US$23.13 million, and export volume increased by 28%. Looking only at export volume, China was the largest export destination of Korean seaweed from January to February. Exports to Japan increased by 5.5% year-on-year to ...
Source: Foodmate
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