South Korea Market Overview


51.7 million

GDP (2021)

USD 1.8 trillion

Per Capita GDP

SD 34,757.7

GDP Growth


Source: World Bank 2021 (

South Korea

The following information is a snapshot in time to give you a general overview of South Korea’s top importing products. This information is sourced from FAO Globefish market profile for South Korea (2020). Some of this information may change from time to time, therefore we encourage you to go directly to FAO Globefish for the most up-to-date information.

Imports – Top 10 Products (Value)


Fish, other than species in 0303

frozen; excluding fillets, livers and roes
(HS 0303.89)

USD 464 320 670


Shrimps, prawns

(HS 0306.17)

USD 441 702 330



live, fresh or chilled
(HS 0306.33)

USD 410 734 080


Squid, cuttlefish

(HS 0307.43)

USD 349 850 420



(HS 0307.52)

USD 349 331 710



(HS 0301.99)

USD 255 748 800


Fish, other than species in 0304

frozen meat; excluding fillets, livers and roes
(HS 0304.99)

USD 251 694 340


Atlantic, Danube salmon

fresh or chilled; excluding fillets, livers and roes
(HS 0302.14)

USD 227 199 270


Alaska Pollack

frozen; excluding fillets, livers and roes
(HS 0303.67)

USD 195 227 390



(HS 0306.14 )

USD 147 888 200

Source: FAO Globefish Market Profile for South Korea – 2020 (

Globefish provides information and analysis for global trade in fish and fish products. Search for information about the size of the market, the top imported product and formats as well as other important market information.  The information here is a snapshot from 2020 – check the link for more recent information.

FRDC Trade Database
Australian Exports to South Korea

This database provides a wealth of seafood exporting and importing information with the ability to look at seafood production and trade data.
The database allows you to filter the data by year, export market destination and species. You also have the option to look at the data by seafood trade value or volume.

The FRDC database sources information from the Australian Bureau of Statistics.

Find seafood production and trade data for your products and markets

Seafood Specific Information

Micor Importing Requirements

Micor (Fish) sets out the know importing country requirements, which differ from or are additional to Australian export conditions and which must be met to gain market access.

Seafood Export Program Report

The latest summary report from the Australian Government on registrations, export shipments and markets, exports by product, and exports.

South Korea Market Summary & Category Data for Fish & Seafood (Barramundi)

South Korea Market Summary & Category Data for Fish & Seafood (Lobster)

South Korea Market Summary & Category Data for Fish & Seafood (Prawns)

Korea Market Insights: Imported Lobster 2021

Abalone in South Korea

Generic information about exporting to South Korea

Austrade Export Market Profile

To view a market profile that outlines information on doing business with Korea, news and insights, events, and information about visiting Korea.

Free Trade Agreement

The Korea-Australia Free Trade Agreement (KAFTA) entered into force on 12 December 2014.

DFAT South Korea Brief

Information about the land, people, history, government, political conditions, economy and foreign relations.

Relevant South Korea Based Authorities

Korea Customs Service

Invest Korea

Korea Importers Association

Korea Institute for International Economic Policy

Export Market Reports

Are you looking to diversify your seafood export markets, but not sure if a market is right for you and your business? SIA has developed a series of FREE market summaries and supply chain guides to help producers gain valuable insights into new markets and make informed business decisions.

Barramundi – market summary

Lobster – market summary

Prawn – market summary

Salmon – market summary

Tuna – market summary