Gyeongsan wraps up trade mission to Thailand, Indonesia with $24.43M in export consultations

Gyeongsan city in North Gyeongsang Province successfully concluded its "2026 First-Half Gyeongsan Trade Mission" to Bangkok, Thailand, and Jakarta, Indonesia, from July 5 to 11, the city announced Tuesday.

Ten local companies participated in the mission — Jungwon Industry, S Factory, Yeoju T&C, Sejemol, Taekyung Tex, Moji, Geopyeong Industry, Cheongsachorong, Liftyle and East — conducting export consultations with local buyers at both destinations.

The delegation held 116 consultations worth $24.43 million across the two countries, signing 22 MOUs valued at $5.23 million and two export contracts worth $800,000.

Gyeongsan city plans to strengthen follow-up management with promising buyers identified through the consultations, working to convert discussions into concrete export contracts.

The mission operated under a "One Team Gyeongsan" framework led by Mayor Jo Hyeon-il, with the Gyeongsan Chamber of Commerce and the North Gyeongsang IT Convergence Industry Technology Institute among the partner organizations supporting participating companies' entry into overseas markets.

In Thailand, the delegation visited the KOTRA Bangkok trade office to share information on local industry trends and market conditions and to hear about promising export sectors and overseas expansion support policies, broadening the companies' business footing in the country.

In Indonesia, at the official invitation of Indonesian lawmaker Bambang Soeatyo, the delegation met with political and business figures to discuss cooperation in smart farming, cosmetics and the automotive industry, laying the groundwork for economic cooperation between the two regions.

At the North Gyeongsang Province Jakarta office, the delegation held a meeting with Kim Jong-heon, chairman of the Korean Association in Indonesia, and Lee Gang-hyeon, chairman of the Korean Chamber of Commerce in Indonesia, sharing information on export regulations, trade regimes and local economic conditions relevant to companies seeking to expand abroad.

"This trade mission has once again confirmed the potential of our local companies to enter overseas markets," Mayor Jo said. "We will focus all of our administrative resources on ensuring that the consultation outcomes translate into actual exports, and actively support companies in expanding their overseas sales channels."