In 2023, South Korea's fisheries exports stood at 2.08 Billion US Dollars. Forecasted data from 2024 to 2028 indicate a stable but slightly increasing trend, starting at 2.09 Billion US Dollars in 2024 and rising to 2.1 Billion US Dollars by 2028. The year-on-year variation from 2023 to 2024 is marginal, signifying a plateau. However, a slight uptick occurs between 2026 to 2027, maintaining steady growth through 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is minimal, around 0.1%.
Future trends to watch for include potential impacts of climate change on fish populations, changes in international trade policies, advancements in aquaculture technologies, and fluctuations in global demand for seafood. These factors could influence both the volume and value of South Korea’s fisheries exports in the long term.
