Gangwon-do Beauty Products Set to Export to Russia... Opening the 'Northern Market'

Products worth approximately $60,000 from 6 companies related to beauty and inner beauty

Gangwon Beauty Products Set to Export to Russia. (Export Companies: Darum & Bio, Newland All Nature, MediHub Bio, Korea Vinof, Dongmun Gachae, Cheonghae S_D) [Gangwon Province]

[Asia Economy Reporter La Young-chul] Gangwon Province announced on the 20th that "products from six beauty and inner beauty-related companies in the province will be exported to Russia through Donghae Port."

According to the province, the export volume this time is equivalent to one 20-foot container (about $60,000), marking the first export of beauty products produced in Gangwon Province, including cosmetics, which have recently shown an increasing trend.

The province analyzed that exports, which had stalled due to the Ukraine crisis, have increased in demand for Korean products as the distribution of American and European products in Russia has become difficult.

In addition, over the past five years, with support for exchanges between overseas buyers and local entrepreneurs, cosmetic companies in the province have been connected with buyers from Russia, Central Asia, and Mongolia, leading to actual contracts and exports.

Kim Ki-seop, CEO of the exporting company Darum & Bio, said, "We will strive to export more products through local online and offline marketing," and added, "We ask for much interest and cooperation so that not only beauty products but also various products from Gangwon Province can expand further into the northern markets through this export opportunity."

The province and the Economic Promotion Agency will continue to promote support projects to connect buyers and plan to develop logistics cost support projects to ensure that products from the province heading to the northern markets are exported through Donghae Port and Yangyang Airport.

This content was produced with the assistance of AI translation services.