South Korea: Seafood Market Update 2021
Korean seafood imports totaled $5.27 billion in 2020, down 3.0 percent from 2019. Korean seafood imported from the United States decreased 7.2 percent to $215 million in 2020. The United States remains the fifth largest seafood exporter to Korea with a 4.1 percent market share. U.S. seafood is generally perceived as high quality and safe, but it is often underpriced by regional competitors.