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Description:The Republic of Korea (ROK) harvested a record 1 million metric tons of fishery products valued at US$256 million in 1971. Practically all this production came from the marine fisheries and mostly from the coastal fishing industries. Korea's high-seas fleet, although still small, managed to increase production. Tuna catches were exported for sizeable financial returns. The South Korean fleet is composed of many small, wooden vessels serving the coastal fisheries, but the high-seas fleet is being developed rapidly. The processed seafood industry developed rapidly in 1971, and this was especially true for the canning industry which more than doubled its output. Finally, fishery exports increased by some 28 percent over 1970. Japan and the United States were the major customers, importing 67 percent of Korea's fishery exports.
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Rights Information:CC0 Public Domain
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Compliance:Library
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