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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 4 sources · 8 days · First seen · Last updated
Jeonnam-Gwangju agricultural and fishery industry growth
Overview
The Jeonnam-Gwangju region has experienced significant growth in its agricultural and fishery sectors. Through July 2026, regional exports of these products reached a record $676.27 million, a 10% increase from the previous year and a 53.1% increase over the last three years. Seaweed (gim) emerged as a primary driver, accounting for $289.60 million of the total export value.
This export success is mirrored by record-breaking seafood processing production in the region, which reached 2.6397 trillion KRW. This value represents 29.8% of South Korea’s total seafood processing production, maintaining the region’s national ranking for six consecutive years. The surge in production value was largely driven by seaweed products, specifically dried and seasoned seaweed, which helped offset volume declines in other categories like squid and kelp caused by high water temperatures.
While seaweed remains a dominant economic force, other sectors face difficulties. In Wando, the abalone industry is struggling with falling prices, rising operational costs, and slowing consumption despite increased production levels.
Entities
Mokpo · Jeonnam-Gwangju · Wando · Haenam · Goheung
Timeline
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5 days ago
[BUSINESS] 2 sourcesJeonnam-Gwangju seafood processing production hits record highJeonnam-Gwangju's seafood processing production hit a record 2.6397 trillion KRW, driven by seaweed growth, while Wando's abalone industry faces structural difficulties.
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12 days ago
[BUSINESS] 3 sourcesJeonnam-Gwangju agricultural and fishery exports hit record highJeonnam-Gwangju's agricultural and fishery exports hit a record $676.27 million through July, a 53.1% increase over three years, driven largely by seaweed and fishery products.
Sources
jnilbo.com · namdonews.com · seoul.co.kr · womannews.net