South Korea: 2016 Seafood Products Market Brief

  |   Attaché Report (GAIN)

In 2015, total Korean imports of seafood were $4.24 billion, up 1.9 percent from 2014 due to rising prices. Imports of American seafood increased by 4.9 percent to $233 million, making the United States the fourth largest exporter with a market share of 5.5 percent. U.S. seafood is generally considered high quality and safe, but less price competitive when competing with other origins. By volume, Alaska Pollack Surimi, flatfish, frozen Alaskan Pollack, Cod, Alaskan Pollack roe, Monkfish, ray, Pacific salmon, Hagfish, Atka Mackerel, lobster, etc. are some of the major species imported in large quantities from the United States. By value, Alaskan Pollack Surimi, lobsters, flatfish, live Hagfish, Monkfish, frozen Alaskan Pollack, Cod, Alaskan Pollack roe, skate, and frozen Hagfish were the top ten imported species.

South Korea: 2016 Seafood Products Market Brief

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