South Korea: Korea Seafood Market Update 2022

  |   Attaché Report (GAIN)   |   KS2022-0019

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South Korea: Korea Seafood Market Update 2022

Korean seafood imports totaled $5.74 billion in 2021, up 9 percent from 2020, with imports from the United States increasing slightly to $217 million. The United States remains the fifth largest seafood exporter to Korea with a 3.8 percent market share. Korean consumers generally view U.S. fishery products as high quality and safe, but regional competitors often have lower prices. U.S. fishery exports to Korea are generally focused on lower volume/higher value market segments.

East Asia and the Pacific, South Korea
Fish and Seafood

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