Gyeonggi Province Dispatches 'Automotive Parts Trade Promotion Delegation' to North America... $46.27 Million in Contracts Promoted

Gyeonggi Province dispatched the "Automotive Parts North America Trade Promotion Delegation" to Mexico and the United States, achieving 115 consultations and contract promotion results totaling $46.27 million.

This trade promotion delegation was organized to support local small and medium-sized automotive parts exporters in their efforts to enter the North American market by facilitating one-on-one export consultations with local buyers. A total of nine companies from the province participated, exploring opportunities for entry into the North American market.

The delegation first achieved 47 consultations in Mexico City, resulting in export consultation deals worth $27.82 million. Of these, contracts worth $18.45 million are being promoted. In Dallas, United States, the delegation held 68 consultations, resulting in export consultation deals totaling $41.86 million and contract promotion results of $27.82 million.

Gyeonggi Province dispatched an 'Automotive Parts North America Trade Promotion Team' to Mexico and the United States, achieving 115 consultations and advancing contracts worth 46.27 million dollars. Provided by Gyeonggi Province

Notably, this trade promotion delegation also led to cases of collaboration among participating companies. Company E, which manufactures powder metallurgy products, and Company G, a hydraulic cylinder manufacturer, discussed potential collaboration following the export consultation meetings.

Park Kyungseo, Director of International Trade at Gyeonggi Province, stated, "Dispatching this North America trade promotion delegation will serve as an important opportunity to proactively respond to changes in the trade environment and open up overseas sales channels for small and medium-sized enterprises. In particular, starting this year, we plan to continuously support participating companies so that initial local export consultations can quickly lead to additional follow-up video consultations, thereby ensuring tangible export contract outcomes."

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