Indian products have a high demand in South Korea and around the world because of its quality and authenticity.
According to resources, Export to South Korea from India stood at a revenue of approx $5 Billion by the year 2020 and increasing every year, as you can see in the below mentioned report.
E-commerce industry is also rising in South Korea and according to resources, the eCommerce revenue in South Korea stood at $90 Billion and increasing with a growth rate of more than 22% by the year 2021.
So, its a great opportunity for Indian sellers to grab the South Korean market through both the channels that is through offline or online selling platforms & marketplaces in South Korea.
High demand exported products from India to South Korea
- Aluminum
- Mineral fuels
- Organic chemicals
- Cereals
- Iron & Steel
- Cotton
- Animal fodder
- Residues from food industry
- Lead
- Machinery
- Electrical equipments
Useful resource