Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Exports of Korean Washing Machines to Russia on the Rise
Sep 27, 2004
 Printable format
 Email this Article
 Search

South Korean washing machines are gaining popularity among Russians, leading to a sharp rise in exports this year, a trade agency said.

Exports of Korean-made washing machines to Russia jumped 51.7 percent year-on-year to U.S. $54 million in the first 5 months of this year, the Korea Trade-Investment Promotion Agency (KOTRA) said.

South Korea accounted for 32.3 percent of the Russian market for washing machines, trailing market leader Italy, which has a share of 36.3 percent.

Two years ago, South Korean-made washing machines made up a mere 9.4 percent of the Russian market.

"Russians want to own Korean-made washing machines as well as other home electronics products," a KOTRA official said. "Brand recognition of South Korean goods is very high among Russians." (Yonhap)

Back to Daily News

 

Daily News

...........................................................

Apr 16, 2014: Home Builder Confidence Steady in April

Apr 16, 2014: Little Swan Sees China Becoming a Front-Loader Washing Machine Market

Apr 16, 2014: Hisense Poised for Continued Growth in Africa

Apr 16, 2014: Sensor Hubs Seeing Big Gains

Apr 10, 2014: AGA Rangemaster Names Kathryn M. Ireland To Be North American Brand Ambassador

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows