U.S. Fishers Could Catch More Korean Customers As Tariffs Take a Bite Out Of Exports — Panjiva
MENU

Supply Chain Research

U.S. Fishers Could Catch More Korean Customers As Tariffs Take a Bite Out Of Exports

Ags - Meat/Dairy 250 China 2971 Consumer Staples 760 South Korea 578 U.S. 5317

The South Korean government has won WTO approval to continue its restrictions on Japanese fish exports which were put in place in the wake of the Fukushima nuclear disaster. That will work to the advantage of U.S. fisheries, which saw a 2.5% drop in global exports in 2018 after a slump in shipments to China because of increased tariffs. Exporters to South Korea from the U.S. shipped $498 million of products, or 9.4% of the total, in 2018. The leading exporter, Trident Fisheries, already has South Korea as its third largest market while Silver Bay and Pacific Seafood have minimal exports ...

Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.