‘Trader of the Month’ to Honor Korea’s Enthusiastic Exporters
South Korea has become a major player among the world’s top exporting nations. Exports account for around half of the world’s 11th largest Korean economy.
Despite the recent tougher conditions due to the global economy’s slump, a lot of Korea’s small- and medium-sized enterprises (SMEs) as well as top-notch companies have been eager to make highest-quality products targeting the fiercely competitive global market, contributing to the growth of the regional economy.
Aiming to further motivate the Korean export industry, the Ministry of Trade, Industry & Energy, KITA (Korea International Trade Association) and Korea Economic Daily have since 2007 been jointly awarding the SMEs ‘Trader of the Month’ after a rigorous screening processes.
Every month, two exporters have been chosen among candidates and awarded the Trader of the Month through strict criteria such as the export record, technical development and achievements in the global markets in order to boost Korea’s export businesses and to raise their morale.
In addition, the Trader of the Year is selected from among the Trader of the Month awardees at the end of the year.
Korea’s Buyers Guide, in conjunction with KITA (Korea International Trade Association), describes and recommends these Korean manufacturers that were awarded the Trader of the Month this year to international buyers and marketers.
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