Korean seaweed exports to hit $1 billion this year for the first time? Already breaking previous record

The South Korean Ministry of Oceans and Fisheries predicted that "South Korea's seaweed exports this year will reach 1 billion dollars (approximately 152.1 billion yen)," up approximately 27 percent from last year.
This year's cumulative seaweed export value (as of October) is 850 million dollars (approximately 129.3 billion yen), already surpassing last year's annual record and setting a new record.
Korean seaweed currently accounts for more than 70% of the global market. Minister of Maritime Affairs and Fisheries Kang Do-hyeon said, "The government is promoting the production, processing and export of seaweed.
"We will continue to support the export of Korean seaweed in every possible way, including through the export of Korean seaweed in various ways," he said. "We will continue to work to increase the added value of Korean seaweed in the global market, strengthen our export competitiveness, and also focus on supporting production to stabilize domestic demand."
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