Korea Seafood Market Annual Update 2014

In 2013, total Korean imports of seafood were $3.57 billion, down 2 percent from 2012 due to the worsened economy and reduced demand by food service industry and export business. However, imports of American seafood increased by 25 percent to $211 million making the United States the fourth largest supplier with a 5.9 percent market share. U.S. seafood is generally considered high quality and safe, but less price competitive when competing with other origins. Fish Surimi, Flatfish, Glass Eel, Alaska Pollack Roes, Monkfish, Skate, Hagfish, Cod, Atka Mackerel, etc. are some of the major species imported in large quantities from the United States.