[South Korea] South Korea’s seafood exports rose 10.9% in the first nine months of 2017 to $1.74 billion, reports Yonhap News, citing to the Ministry of Oceans and Fisheries.
Exports of dried seaweed, in particular, skyrocketed 50.3% to $410 million in the first three quarters as China and Japan had a sluggish harvest and prices went up this year, the ministry said.
Overseas sales of tuna also advanced 5.5% to $430m, while squid fell 24.4% to $70m in the same period, it noted.
Seafood sales to Japan, the country’s largest seafood market, increased 10.2% year-on-year to $590m in the nine-month period, led by strong sales of seaweed, tuna and oysters. China imported $290m worth of South Korean seafood over the period, down 0.2%.
View original article at: Korean seafood exports up 10.9% in first three quarters of 2017