South Korea's seafood exports reach $3 billion

Published 2024년 1월 16일

Tridge summary

South Korea's seafood exports reached $3 billion last year, with seaweed, tuna, and oysters leading the way. The Ministry of Oceans and Fisheries has been supporting exporting companies and operating export sites throughout the country to promote exports. The export support budget for this year has been increased to 51.521 billion won, with a focus on comprehensive seafood marketing support, export voucher support, and Foreign Trade Support Centre operation.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

South Korea’s seafood exports reach $3 billion. Seaweed, tuna and oysters led the way in seafood exports for South Korea last year. Seaweed exports, a typical export product that ranks first in terms of export share to the global market, topped 1 trillion won for the first time as of the end of December, and the export volume stood at 1.02 trillion won at the end of last year. Tuna, the main product of deep-sea fisheries, is exported raw to Japan, Thailand, etc., with exports last year amounting to US$560 million, and domestic oyster exports to Japan, the United States, etc., were at 8% higher than the previous year In order to expand seafood exports, South Korea’s Ministry of Oceans and Fisheries has been actively supporting exporting companies since the beginning of last year by forming the “Seafood Export Source Group” together with the public, government and research institutions. The ministry operates export sites throughout the country, including Busan, Incheon, Jeonnam and ...
Source: Fish Focus

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