News

VIRTUAL FAIR SOUTH KOREA JUNE 2021

Desde 30 abril 2021 al 26 agosto 2022

Virtual fair focused on 100% Made in Italy furniture
Wednesday 16/06/2021 – Thursday 17/06/2021

KOREAN IMPORTS AND THE POSITION OF ITALY

Korean imports from the world in 2015 increased by 10.9%, reaching a total value of 2.26 billion USD, a trend also favored by the depreciation of the euro against the local currency. Imports of furniture from Italy show growth that exceeds the average 9 with + 18.2% for a total value of 94.98 million USD and a share of the total imports of 4.2%. Italy is the third supplier country of Korea after China and Vietnam, but it is the first as regards the high-end product, followed immediately after by the United States, which has a market share of 3.2% for a total value of 71.61 mln USD. From China, which dominates the market with a 65.1% share, also comes the goods returned from the relocated Korean factories.