Key Market Indicators
Korean seafood exports are projected to soar to $1.61 billion by 2028, rising from $1.54 billion in 2023. This marks an average annual growth rate of 0.7%. Since the turn of the century, Korea's seafood supply has seen a steady increase of 0.8% per year. In 2023, Korea held the 10th position in global seafood exports. Japan surpassed Korea with exports totaling $1.54 billion. The top three positions in the ranking were occupied by India, Canada, and Denmark, respectively.