Busan International Aquatic Trade Show-BISFE 2023, Show Date And Address
BISFE show
Date: 1st to 3rd November,2023
Address: #55 APEC-ro, Haeundae-gu, Busan
BISFE, a South Korean Aquatic Trade Fair, has been certified by the Global Exhibition Industry Association (UFI) and has been selected as a "prestigious exhibition" recognized by the South Korean Ministry of Industry, Trade, and Resources for 11 consecutive years from 2008 to 2018. It can be said that it is a truly international competitive and large-scale Fishery related professional trade fair in South Korea. Busan International Aquatic Trade EXPO has active participation from domestic and foreign aquatic experts and will provide a trading platform. Leading domestic and international aquatic enterprises, relevant institutions, and purchasing power buyers will participate in this expo. In order to exchange information, explore new sales channels, expand export markets, invite overseas buyers to hold export and domestic trade fairs at the same time, we will provide more practical trade opportunities. At the same time, important academic conferences and various activities in the field of aquatic products are also held, which is a professional celebration of Korean aquatic products attended by professionals from various industries such as industry, academia, government, and the public. Participating in this exhibition can provide a more direct understanding of the development of products in South Korea and even the world, as well as the specific market demands. It is beneficial for improving the technical content of products, adjusting and improving the structure of products, laying the foundation for producing high-quality products, and guiding the direction for improving exports and ensuring normal export operations.
market analysis
South Korea is an important producer, consumer, and trader of aquatic products in the world. South Korea is located in the northeast of Asia. Its sea area is five times the land area. It is rich in marine resources, providing good conditions for the development of Fishery. Due to the alternating cold and warm currents in the sea area, it is very suitable for the survival and reproduction of fish, and the development of marine fisheries has a unique environment. Busan is an important "gateway" in the world connecting the Pacific Rim and Eurasia. It is a center city of aquatic logistics and trade with balanced development of aquatic food, aquaculture equipment, marine biological industry and supporting infrastructure. Therefore, the Expo held in Busan will clearly see the development trend of Asian Fishery. According to South Korean customs statistics, from January to September 2017, the bilateral import and export volume of goods between South Korea and China was 173.71 billion US dollars, an increase of 13.6%. Among them, South Korea's exports to China reached $101.66 billion, an increase of 13.4%, accounting for 23.6% of South Korea's total exports, a decrease of 1.1 percentage points; Imports from China reached $72.05 billion, an increase of 14.0%, accounting for 20.3% of the total imports from South Korea, a decrease of 1.1 percentage points. The trade surplus between South Korea and China is 29.62 billion US dollars, an increase of 12.0% compared to the previous year. As of September, China is a major trading partner of South Korea.
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