Busan Cooperative Fish Market
Encyclopedia
The Busan Cooperative Fish Market, or BCFM, is the largest fish market
Fish market
A fish market is a marketplace used for marketing 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...

 in South Korea
South Korea
The Republic of Korea , , is a sovereign state in East Asia, located on the southern portion of the Korean Peninsula. It is neighbored by the People's Republic of China to the west, Japan to the east, North Korea to the north, and the East China Sea and Republic of China to the south...

. It adjoins the South Harbor in Busan
Busan
Busan , formerly spelled Pusan is South Korea's second largest metropolis after Seoul, with a population of around 3.6 million. The Metropolitan area population is 4,399,515 as of 2010. It is the largest port city in South Korea and the fifth largest port in the world...

. 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
Yellowtail
A yellowtail may be any of several different species of fish. Most commonly the Yellowtail amberjack Seriola lalandi is meant. In the context of sushi, yellowtail usually refers to the Japanese amberjack, Seriola quinqueradiata...

, due to warming waters in the Sea of Japan
Sea of Japan
The Sea of Japan is a marginal sea of the western Pacific Ocean, between the Asian mainland, the Japanese archipelago and Sakhalin. It is bordered by Japan, North Korea, Russia and South Korea. Like the Mediterranean Sea, it has almost no tides due to its nearly complete enclosure from the Pacific...

(East Sea). The market occupies an area of 166420m2, 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.
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