{"id":102092,"date":"2023-09-25T12:54:23","date_gmt":"2023-09-25T12:54:23","guid":{"rendered":"https:\/\/octagona.com\/?p=102092"},"modified":"2023-11-16T14:56:54","modified_gmt":"2023-11-16T14:56:54","slug":"south-korea-record-italian-export","status":"publish","type":"post","link":"https:\/\/octagona.com\/en\/corea-sud-record-export-italiano\/","title":{"rendered":"South Korea: Italian exports of consumer goods soar"},"content":{"rendered":"

In an increasingly globalized world, South Korea and Italy are united by a connection that goes beyond geographical and cultural differences: appreciation for Made in Italy consumer goods<\/strong>. An affinity that has turned Italian products into true must-haves among South Korean consumers thanks to their reputation for quality, craftsmanship and timeless style, giving rise to a steadily growing import phenomenon from the Belpaese.<\/p>\n

In South Korea, this concept has found fertile ground: late 2022, South Korea is the third largest market for Italian exports to Asia<\/strong>, behind China<\/a> and Japan, Worth more than 7 billion euros exported in 2022<\/strong>. So much so that the interchange between South Korea and Italy has grown steadily over the past 10 years with the exception of 2020, when it contracted by 3.5%, reaching a record value of 13.1 billion euros in 2022. As mentioned, it is mainly exports that are growing, which in 2022 confirmed a trade balance firmly in the black for the Peninsula, with a surplus of more than $1 billion, the best among European Union countries after Germany.<\/p>\n

In this sense, various sectors of \"Made in Italy\" have experienced a real boom in Italian exports to South Korea in recent years: here they are presented in detail below.<\/p>\n

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