A total of $1.35 million in export agreements were signed during an export consultation conference attended by domestic agricultural equipment companies and foreign buyers.
The Ministry of Agriculture, Food and Rural Affairs and the Korea Rural Community Corporation announced on November 11 that the '2026 K-AgroEX Export Consultation Conference for Overseas Buyers' was held in Daegu on November 4-5.
This conference was conducted in conjunction with the International Agricultural Machinery Exhibition held in Daegu. A total of 55 domestic agricultural equipment companies and 24 foreign buyers from 13 countries participated.
The Ministry and the Corporation applied a 'preference-based export consultation matching' method introduced earlier this year. This approach identifies the products and sectors of interest for both domestic companies and foreign buyers in advance, prioritizing connections between companies with mutual preferences.
During the event, over 330 export consultations took place, totaling $22.8 million in consultations, with $1.35 million in export agreements finalized.
In July, a similar export consultation conference was held in Seoul, featuring 76 domestic companies and 55 foreign buyers from 24 countries.
An information session aimed at entering the Philippine agricultural machinery market was also conducted. Aileen Reyes Rigisan, a manager at the Philippine Department of Agriculture's Agricultural Machinery Center (PHilMech), attended to introduce local agricultural mechanization policies and market trends.
The session included participation from 44 domestic agricultural machinery companies. Manager Reyes explained the requirements and procedures for participation in government procurement and distribution projects, as well as local certification standards, and engaged in a Q&A session with company representatives.
The Ministry and the Corporation plan to support follow-up discussions for participating companies. At the end of this month, they will operate a Korean pavilion at the Turkey Agricultural Fair and hold a workshop on expanding agricultural equipment exports on December 15.
Park Mi-ran, head of the Smart Technology Division at the Korea Rural Community Corporation, stated, "We are connecting agricultural equipment companies with suitable buyers and providing information on local markets and regulations to expand their export opportunities. We will continue to develop various support measures with the Ministry of Agriculture to broaden the overseas market access for domestic companies."
* This article has been translated by AI.
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