South Korea: Seafood exports in the first half of the year, record high
Published Jul 11, 2022
The Ministry of Oceans and Fisheries will strengthen overseas marketing so that seafood exports can continue the upward trend in the first half of the year, secure new customers, and support export industries that are suffering from rising logistics costs. According to the Ministry of Oceans and Fisheries and the Ministry of Agriculture, Food and Rural Affairs, in the first half of this year, exports of agricultural and fishery products recorded $6.21 billion, up 14.6% from the same period last year. Seafood sales recorded $1.71 billion, up 37.2% from the same period last year. Agri-food also rose 7.9% to $4.5 billion.
As of the first half of this year, this is the highest level for both aquatic and agri-food products. In the case of seafood, exports of most major items such as laver, toothed meat and abalone increased despite difficult export conditions, achieving the highest export performance in the first half of the year. Seaweed, the number one export item for seafood and exported to 114 countries around the world, was $375.9 million, up 13.8% from the previous year. Dried laver for processing, seasoned laver for side dishes, and snack laver have been developed in various forms and exports are steadily increasing. Tooth fish is a deep-sea fish caught by Korean deep-sea fishing boats directly in the Antarctic Ocean, and has a good taste and is rich in nutrients. In the case of abalone, the perception that it is a health food is spreading and exports of live abalone to Japan and Vietnam are increasing. In the first half of the year, exports to Japan recorded 21.8 million dollars, and exports ...