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The Recent Situation of Korean Companies in Perm Mongolia

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(1)Is this Mongolia…S. Korean firms dominate Mongolian market

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Ulaanbaatar of Mongolia

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(1)Global NOW
(2)Korean companies dominate Mongolian market
(3)Korean convenience stores occupy more than 70 markets in Mongolia
(4)No.1 in the industry

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)A total of 400 Korean convenience stores entered Mongolia

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Manager of Ulaanbaatar Branch, Korea Convenience Store, Bilgung
(4)Our store has 1,000 to 1,200 customers a day, so we use convenience stores like in Korea

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Anaging Customer ■
(4)It’s always convenient and there are good products
(5)I use it a lot because I can save time

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)3 large Korean marts in Ulaanbaatar…a crowd of customers

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Jin Nam-kyu, Senior Manager of the Korean Large Mart in Mongolia
(4)An average of 120,000 people visit our store every day
(5)Most of the customers are from Mongolia

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Jin Nam-kyu, Senior Manager of the Korean Large Mart in Mongolia
(4)There are some tourists who come from Korea sometimes

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Hwang Seongmin for the field shoot

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)South Korean companies in Mongolia’s industry overwhelmingly share
(4)the influence of the Korean Wave

Korean companies also have a high share of bakeries and cafes

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Hong Sung-woo, Director of Trade at KOTRA Ulaanbaatar
(4)Korean products are comparable to American and European brands
(5)It’s true that the price and quality are perfect

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Hong Sung-woo, Director of Trade at KOTRA Ulaanbaatar
(4)What is particularly important in Mongolia is that Mongolia and Korea have active human exchanges, and the Korean Wave is widely spread in Mongolia

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Hong Sung-woo, Director of Trade at KOTRA Ulaanbaatar
(4)Since it’s spread out, Korean products to Mongolians
(5)It’s very familiar

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(1)Global NOW
(2)S. Korean firms dominate Mongolian market
(3)Korea-Mongolia Trade Scale in KDI
(4)Korea International Trade University of Trade
(5)about 620 billion won
(6)Korea is the fourth-largest trading partner
(7)2020! 2022! 2021

Trade volume between the two countries has also increased steadily

Last year’s trade amounted to about 602 billion won

Korea grows to be Mongolia’s fourth-largest trading partner

Mongolia is a country that doesn’t have an ocean. That’s amazing

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