The Busan Cooperative Fish Market, or BCFM, is the largest
fish market
A fish market is a marketplace for selling fish and fish products. It can be dedicated to wholesale trade between fishermen and fish merchants, or to the sale of seafood to individual consumers, or to both. Retail fish markets, a type of wet ma ...
in
South Korea
South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korean Peninsula and sharing a land border with North Korea. Its western border is formed by the Yellow Sea, while its eas ...
. It adjoins the South Harbor in
Busan
Busan (), officially known as is South Korea's most populous city after Seoul, with a population of over 3.4 million inhabitants. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, ...
. More than 30% of the country's fish production passes through the market. In recent years, a large percentage of the catch has been made up of
yellowtail, due to warming waters in the
Sea of Japan
The Sea of Japan is the marginal sea between the Japanese archipelago, Sakhalin, the Korean Peninsula, and the mainland of the Russian Far East. The Japanese archipelago separates the sea from the Pacific Ocean. Like the Mediterranean Sea, i ...
. The market occupies an area of 166,420 m
2, of which about 10% is a refrigerated working area.
The market first opened on November 1, 1963, at the present-day site of the
Busan International Ferry Terminal. It moved to its present location in 1973.
See also
*
Economy of South Korea
The economy of South Korea is a highly developed mixed economy. By nominal GDP, it has the 5th largest economy in Asia and the 13th largest in the world. South Korea is notable for its rapid economic development from an underdeveloped natio ...
*
List of markets in South Korea
Major cities in South Korea typically have several traditional markets, each with vendors selling a wide variety of goods including fruit, vegetables, meat, fish, breads, clothing, textiles, handicrafts, souvenirs, and Korean traditional medic ...
*
Fishing industry
The fishing industry includes any industry or activity concerned with taking, culturing, processing, preserving, storing, transporting, marketing or selling fish or fish products. It is defined by the Food and Agriculture Organization as including ...
References
External links
* http://www.bcfm.co.kr/ Official site
Fish markets
Retail markets in Busan
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