Namyang Dairy Products Co. signed an MOU with Mongolia's Maximus Distribution LLC to increase K-food exports by 10 billion won (US$6.6 million) over three years. The deal aims to expand Namyang's powdered milk products in Mongolia.
Russian fish and seafood exports to Japan decreased by 8% in volume and 1% in value from January to May 2026, totaling 43,000 tons worth $323 million, according to the Fish Union. Notable changes include increased surimi and pollock fillet shipments, but decreased frozen pollock, snow crab, and king crab exports.
Russia saw a significant increase in fish and seafood exports to China from January to May 2026. Physical volume rose by 16% to 672,000 metric tons, while value surged by 53% to nearly $2.06 billion, according to the Fish Union.
Russia is in talks with ASEAN nations to boost liquefied natural gas (LNG) exports, according to Economic Development Minister Maxim Reshetnikov. The region's energy consumption is projected to rise significantly by 2050, creating opportunities for Russian energy products. Food and fertilizer exports are also areas of expansion.
Major South Korean food companies including Nongshim, Samyang Foods, Binggrae, and Daesang will participate in the "Thaifex Anuga 2026" food expo in Bangkok, Thailand, from May 26-30 to expand their presence in the Southeast Asian market.
Russia's fish and seafood exports to China rose 13% in volume and 46% in value from January to April 2026, reaching 550,000 tons worth over $1.6 billion, according to the Fish Union.
South Korea's largest K-food export promotion fair, Buy Korean Food Plus, secured memorandums of understanding worth $27 million with foreign buyers, breaking previous records. The event in Seoul brought together 143 buyers from 45 countries and 280 Korean export firms. Deals include kimchi exports to the US and halal products to ASEAN. The agriculture ministry aims for a record $16 billion in food and agricultural exports this year, up from $13.62 billion last year.
Dünyanın en büyük deniz ürünleri fuarı Seafood Expo Global'de Türkiye, 25 firma ile milli katılım sağladı. Sektör temsilcileri, 2025'te 2,2 milyar doları aşan ihracatı 2026'da 2,5 milyar dolara çıkarmayı hedefliyor.
The UK and EU are close to finalising a sanitary and phytosanitary agreement to reduce Brexit trade barriers. The deal would end physical checks on farm produce and eliminate £200 veterinary certificates, while potentially removing "Not for EU" labelling requirements. It could significantly boost Scottish langoustine and oyster exports, though customs, VAT and safety declarations will still be required. The agreement involves "dynamic alignment" with EU rules, though critics argue the UK has leverage for a mutual recognition approach instead.
