Six out of 10 U.S.-based buyers said they would increase imports of Korean goods when a Korea-U.S. free trade agreement is forged, a survey of 182 buyers by the Korea Trade-Investment Promotion Agency, or Kotra, showed yesterday.
About 70 percent of respondents forecast textile industries would benefit from augmented sales to the U.S. market, followed by other industrial sectors, ranked according to the order of preference: general machinery and parts, clothes, information technology products and auto parts.
Among the buyers who answered in the survey, almost 40 percent of those who trade with China said they would expand deals with Korea. On the other hand, only 20 percent of buyers with business relations with Japan and Europe said they would import Korean products.
