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S. Korea's seafood exports rise 9.5 pct through Nov.

All News 11:00 December 06, 2017

SEOUL, Dec. 6 (Yonhap) -- South Korea's seafood exports increased 9.5 percent in the first 11 months of this year compared with a year ago on the back of strong demand for dried laver, government data showed Wednesday.

Outbound shipments of seafood reached $2.13 billion in the January-November period, exceeding the amount for the whole of 2016, according to the data from the Ministry of Oceans and Fisheries.

Seafood exports jumped 13.3 percent on-year in November to hit a record monthly high, the ministry said.

By region, exports to the United States advanced 17.5 percent on-year to $260 million, while those to Thailand and France jumped by more than 30 percent over the cited period.

Sales of dried laver soared 46 percent to $480 million and are expected to pass the $500 million mark, the first time that will have happened for a single seafood item, the ministry said.

In contrast, exports of squid tumbled 31 percent to $70 million due mainly to a sluggish harvest, it noted.


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