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South korea seafood market

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Page 1: South korea seafood market
Page 2: South korea seafood market

CONTENT

• Trade Summary

• Canadian Performance

• By the Numbers

• Top Ten Suppliers to South Korea in 2010

Page 3: South korea seafood market

EXECUTVE SUMMARY

South Korea is a large importer of fish and seafood, importing over CAD $3.2 billion in

2010, an increase of

7.48% from 2009.

In fact, it is the ninth largest importer of fish and seafood in the world. Its main suppliers

are China (33.5%), Russia (16.0%), Vietnam (12.0%), Japan (7.2%), and the United

States (3.6%).

South Korea’s main fish and seafood imports in 2010 included frozen fish with bones

($844.4 million), frozen shrimp and prawns ($240.9 million), frozen dried and salted

octopus ($199.3 million), frozen fish meat ($179.9 million), live fish ($165.7 million)

and molluscs ($163.7 million).

In 2010, South Korea exported just over $1.6 billion in fish and seafood products

worldwide, an increase of 7.0% from the previous year.

Most of South Korea’s exports were frozen fish fillets ($208.4 million), frozen fish with

bones ($201.6 million), cuttlefish and squid ($115.8 million), frozen skipjack tuna

($115.6 million) and live molluscs ($112.5 million).

Top destinations included Japan (48.4%), China (13.5%), and Thailand (6.8%).

Page 4: South korea seafood market

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