Leave the cumbersome Korean import and export procedures to us. ZhongShen International Trade handles all trade processes in our own name, solving the core challenges of foreign exchange transactions and export tax rebates. You can focus solely on the market and your clients, while we clear all procedural obstacles for you.
South Koreas export growth slowed down in 2023, raising concerns about the recovery of global trade. Analyze semiconductor and auto export data and the economic recovery of major trading partners to explore the prospects of global trade.
In 2023, the export volume and value of South Korean kimchi reached new highs, especially showing strong performance in the Japanese and American markets, indicating an enhanced global influence of South Korean food culture.
South Korea initiates anti-dumping investigation on PET resin from China and Turkey, impacting major chemical enterprises, involving HS code 3907.61.0000, with preliminary ruling expected within 3 months.
China approves the export of spherical graphite materials and graphite anode materials to South Korean battery industry manufacturers, strengthening China-South Korea battery industry cooperation and promoting technological development and global competitiveness.
Why should enterprises engage import/export agencies?
In 2023, South Koreas electric vehicle market witnessed significant changes, with domestic vehicle share dropping to 73.1% and imported vehicle share rising to 26.9%, reflecting new trends in consumer preferences and market competition.
South Korea Announces Plan to Reduce Tariffs on 76 Commodities in 2024 to Enhance Industrial Competitiveness and Lower Price Burdens, Including Flexible Tariffs and Adjustments to Tariff Systems for Key Industrial Raw Materials and Food Products.
Comprehensive Analysis of South Koreas Pet Food Regulatory Framework and Detailed Guidelines for Export Enterprises to Successfully Enter the Korean Market, Including Regulatory Authorities, Major Legislation, Feed Classification, and Specific Export Procedures.
The Ministry of Food and Drug Safety (MFDS) of South Korea issued a notice on December 4, 2023, announcing a ban on the import of betel nuts. This decision was made after the discovery of highly toxic pesticides in betel nuts imported from Taiwan, China. South Korea imports dozens of tons of betel nuts from different sources each year, mainly for use as traditional Chinese medicine.
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