News summary
China overtook the United Statesbestonlinevideopokergames, becoming South Korea's largest overseas shopping targetbestonlinevideopokergamesIn 2023, South Korean consumers will purchase 3.3 percent of Chinese goods overseas in 2023bestonlinevideopokergames.2873 trillion won, a year-on-year increase of 121bestonlinevideopokergames.2%, and the main hot-selling categories include clothing, medical care, beverages, etc.
Newsletter text
[China leaps to South Korea's largest overseas shopping market] With the global expansion of Chinese e-commerce, South Korean consumers are enthusiastic about purchasing Chinese goods. According to the latest data from the Korea Statistics Office, in 2023, the total amount of goods purchased by South Korea will reach 3.2873 trillion won, a year-on-year increase of 121.2%, making China surpass the United States for the first time and become South Korea's largest overseas shopping market. Hot-selling product categories include clothing, medical products, beverages, food, daily necessities and auto parts. Analysts believe that the efficient distribution network established by Chinese e-commerce has greatly improved the shopping experience, and it is expected that the scale of purchases by Korean consumers will further expand in the future.