'Gangwon Agricultural Specialties Enter Japanese Market'... Export Accelerates to $2.5 Billion
3 Domestic Companies and 1 Japanese Import Buyer Proceed with Online Contract on April 1
[Asia Economy Reporter Ra Young-cheol] Gangwon Province is launching exports of premium agricultural and specialty products tailored to the Japanese market.
Gangwon Province announced on the 31st that "three export companies within the province and one Japanese import buyer will sign an actual export contract worth approximately 740 million KRW on April 1."
The exported agricultural and specialty products are planned to be sold primarily through Rakuten, Japan's largest local e-commerce platform, and the offline market such as Japanese department stores will also be developed simultaneously.
Additionally, the Japanese headquarters, which functions as an overseas branch, will lead market development activities, further strengthening the role of local companies' bases in Japan.
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Ahn Kwon-yong, Director of the Global Investment and Trade Bureau, stated, "This year, for two consecutive months, there has been an increase of more than 30% compared to the previous year."
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