Korean Equities/Company Deep Dives
How a Thai Snack Company Made Korean Seaweed a 70% Global Monopoly
Korea's most unglamorous export success story might be seaweed. In the first half of 2025 alone, Korea exported $594 million worth of dried and seasoned seaweed, hit $1 billion in exports for the year by early November, and now commands roughly 70% of the global seaweed trade. The story behind that dominance involves a Thai snack company, Chinese coastal pollution, US rice surpluses, and a warmi..