Turkey took action to increase its exports to South Korea, where it has an annual foreign trade deficit of 4,5 billion dollars, and to reduce its foreign trade deficit. Aegean Exporters' Associations organized the participation of Turkey in the Korea Imported Products Fair, which is the only import fair of South Korea and organized by the Korea Importers Association. Turkey took part for the first time in the organization, which was postponed for two years due to the pandemic.
Informing that the Republic of Korea is the fifth in the world in exports and the eighth in the world in imports with a foreign trade volume of 1,2 trillion dollars, Aegean Exporters' Associations Coordinator President Jak Eskinazi said that there is a Free Trade Agreement between Turkey and the Republic of Korea, and that the historical friendship between the two countries is for the development of foreign trade. noted that it creates a favorable climate.
Pointing out that the foreign trade between Turkey and the Republic of Korea has followed a course against Turkey, Eskinazi said, “While Turkey imported 2020 billion 5 million dollars from South Korea in 735, it exported 1 billion 103 million dollars. We see the Korea Imported Products Fair as an opportunity for this picture to be more balanced. 15 Asia Pacific countries, including world giants such as South Korea, China, Japan, Indonesia, Australia and Malaysia, came together and signed the Regional Comprehensive Economic Partnership (RCEP) agreement. We believe that we will increase our exports to RCEP countries when we strengthen our position in the South Korean market.”
Celep: We will make Koreans love Turkish food products with the TURQUALITY Project
Emphasizing that the exports of Aegean Exporters' Associations to South Korea increased by 2021 percent in the January-June period of 102, from 22,2 million dollars to 44,8 million dollars, Aegean Exporters' Unions Coordinator Vice President Birol Celep said that the Aegean Region is a strong exporter. He stated that they want to increase the recognition of the food products they sell in South Korea and improve their exports, and for this purpose, they carry out the TURQUALITY Project with the support of the Ministry of Trade. Celep said, “With the TURQUALITY Project, we want to improve our exports of seedless raisins, dried figs, dried apricots, fruit and vegetable products, olives and olive oil, spices, non-wood forest products, stone fruits, cereals, pulses and oilseeds, which we are strong in exporting to the Aegean Region. . In this sense, the Korea Imported Products Fair offers us great opportunities.”
Aegean Exporters' Associations; At its stand at the Korea Imported Products Fair; olive and olive oil, dried figs, seedless raisins, dried apricots, cereals, pulses, oil seeds, confectionery, fruit and vegetable products, frozen food products, canned food, spices, non-wood forest products, ready-made clothing and apparel, leather and leather products.
While Durmuş Ersin Elçin, Turkey's Ambassador to Seoul attended the opening of the Turkey stand on behalf of Turkey, Seoul Commercial Counselor Ayşe Ferdağ Tekin gave information about Turkey's export products to South Koreans and fair visitors at the Turkey stand.
EIB's exports to South Korea doubled
While Turkey's exports to South Korea increased by 2021 percent from $31 million to $208 million in the January-June period of 273, the Aegean Exporters' Association's exports to South Korea increased by 102 percent to 22,2 million dollars in the same period. increased from $ 44,8 million to $ XNUMX million.
While the chemical industry took the first place in exports from Turkey to South Korea with 57 million dollars, the automotive industry showed an export performance of 40 million dollars and the mining industry showed an export performance of 27 million dollars. In the exports from the Aegean Region to South Korea, the chemical sector is the leading sector with 21,3 million dollars, while the steel sector is in the second place with 4 million dollars, and in the third place; Tobacco sector took place with 3,6 million dollars.