Aquaculture for all

Scottish salmon farmers celebrate South Korean free trade deal

Atlantic Salmon Tariffs and trade deals +6 more

Scotland’s salmon farmers are poised to take advantage of a new free trade deal between the UK and South Korea, which is expected to provide a boost to Scottish exports.

A live salmon being held up by a person.
The new free trade deal with South Korea has been greeted with enthusiasm by Scotland's salmon sector

© Scottish Sea Farms

The deal secures permanent tariff-free access for UK goods to the South Korean market, and follows high-level talks between the two governments.

Scottish salmon exports to South Korea rose more than tenfold from £214,000 in 2015 to £2.25 million in 2019 before trade was hit by the global pandemic.

With export levels in 2024 of £366,000, the new trade deal is expected to help Scottish salmon farmers capitalise on the recent boom in the Asian market. Exports to China were up 60 per cent in 2024 and volumes to Taiwan more than doubled. This contributed to record international sales of more than £840 million and helped confirm Scottish salmon’s place as the UK’s biggest food export.

Salmon is also the UK’s favourite fish, with sales soaring to £1.5 billion in the 12 months to August, amid rising demand.

Tavish Scott, chief executive of Salmon Scotland, said in a statement: “We welcome the developments and the close ties on trade with South Korea. This deal will increase support in accessing the market and provide the opportunity for our exporters to deliver fish in pristine condition, with confidence, to consumers in South Korea. South Korea represents an important market within Asia where Scottish salmon has seen significant growth in recent years.”