New
Transform your trade strategies with Market Brief, Tridge’s AI-powered market insights.

“The world’s No. 1 oyster exporting country” goal… Moving forward to conquer Europe and China

Published Jan 23, 2025

Tridge summary

South Korea is aiming to become the world's leading oyster exporter, with a goal of achieving 400,000 tons of production and $160 million in exports by 2030. The Ministry of Oceans and Fisheries has unveiled a plan to modernize the industry and expand exports, particularly to Europe and the Greater China region. The plan includes mechanizing the production process, creating oyster cluster complexes, and developing various oyster processing products. It also aims to expand the recycling of oyster shells and investigate their carbon absorption function. Currently, Korea is the world's third-largest oyster producer.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Following Kim, can oysters also capture the taste buds of people around the world? The government has presented a vision of becoming the world’s number one oyster exporter, and has set a goal of achieving 400,000 tons of oyster production and $160 million in oyster exports by 2030. The Ministry of Oceans and Fisheries recently announced the ‘Oyster Farming Industry Development Plan’ based on this content at the Economic Relations Ministerial Meeting. We looked into the current status of the domestic oyster farming industry and the government’s export activation strategy. Korea is the country that produces the most oysters after China. As of 2022, China produced the most oysters at 6.2 million tons, followed by Korea at 310,000 tons, the US at 210,000 tons, and Japan at 160,000 tons. In terms of production value, it is approximately KRW 300 billion, and approximately 10,000 tons are exported, mainly to the US and Japan. Currently, Korean oysters are consumed mainly ...
Source: Agrinet
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.