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Back You are here: Home News South Korean Exporters Ready To Fill Niche Of Banned Turkish Products

South Korean Exporters Ready To Fill Niche Of Banned Turkish Products Featured

15 December 2015

According to specialists of Korea's International Trade Association (KITA), the exodus of Turkish suppliers leaving the Russian market will, alternatively, give exporters of Asia a chance to increase food shipments.

South Korea is ready to supply Russian consumers with a wide range of fruits, vegetables and nuts because of the substantive amount of domestic production.

Market specialists reported that Turkey had previously shipped US $800 million of fruits to Russia in addition to US 600 million of vegetables annually.

Moscow's KITA office reported that there will be large number of new suppliers by the start of the new year. Other than South Korea, specialists are expecting rapid growth in shipments from China. The organization intends to support its own exporters that are intent are taking advantage of the new opportunities.

FruitNews article (Russian): http://www.fruitnews.ru/home-page/fruits/45182-postavshchiki-yuzhnoj-korei-gotovy-pomoch-rossii-v-zameshchenii-turetskogo-prodovolstviya.html
Source: http://www.rg.ru/2015/12/07/korea-site-anons.html

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