South Korea: Seafood Market Update 2023

Korean seafood imports totaled $6.47 billion in 2022, up 12.7 percent from the year before. Seafood for human consumption imported from the United States to Korea in 2022 reached $229 million, an increase of 5.6 percent year-to-year. The United States remains the fifth largest seafood exporter to Korea with a 3.5 percent market share. Korean consumers generally see U.S. fishery products as high-quality and unpolluted, but regional competitors often have lower prices.