South Korea: 2015 Seafood Products Market Brief
In 2014, total Korean imports of seafood were $4.16 billion, up 16.7 percent from 2013 due to the increased demand and rising prices. Imports of American seafood also increased by 5.2 percent to $222 million, making the United States the fourth largest supplier with a 5.3 percent market share. U.S. seafood is generally considered high quality and safe, but less price competitive when competing with other origins. By volume, Alaska Pollack Surimi, Cod, Frozen Alaska Pollack, Roes of Alaska Pollack, Monkfish, Lobsters, Hagfish, Ray, Atka Mackerel, etc. are some of the major species imported in large quantities from the United States. By value, Alaska Pollack Surimi, Lobsters, Flatfish, Live Hagfish, Roes of Alaska Pollack, Monkfish, Cod, Frozen Alaska Pollack, Skate, Frozen Hagfish were top ten imported species.
