Korean Exporters Archives | Be Korea-savvy

China’s Continued Price Cuts Intensify Pressure on Korean Exporters

SEOUL, Dec. 8 (Korea Bizwire) — Chinese manufacturers have sustained a sweeping low-price export strategy for more than two years, intensifying competitive pressure on South Korean exporters across a range of sectors, a new study shows. According to a report released Sunday by Jih Man-soo, senior research fellow at the Korea Institute of Finance, Chinese export [...]

Tariff Deal Leaves Korean Exporters Divided, Many Call for Government Support

SEOUL, Aug. 22 (Korea Bizwire) — More than half of middle market enterprises (MMEs) in South Korea are calling for government-led financial and tax support to ease their burdens from U.S. reciprocal tariffs, a survey showed Friday. According to the Federation of Middle Market Enterprises of Korea (FOMEK), which conducted the survey on 123 exporting [...]