FKCCI Maintains Its Position as the 6th Highest-Ranking International Chamber of Commerce for Two Consecutive Years
On June 24th and 25th, our CCI network organized the 5th edition of the trophies CCI France International, as well as its annual General Assembly in Paris. It was the occasion for the international and national CCI's representatives to exchange and take stock of the past year. The French Korean Chamber of Commerce has been delighted to learn that its hard work enabled it to maintain its position as the 6th highest-ranking international chamber of commerce in terms of turnover worldwide, and the 5th highest-ranking in terms of business activity turnover for 2023 for the second consecutive year, among 119 Chambers!
In a global context marked by numerous economic and geopolitical uncertainties, the FKCCI shows resilience and strengths, continuing to develop and deepen the bilateral economic Franco-Korean relationship. Tested by the health crisis and geopolitical uncertainties related to the war in Ukraine and tensions in the Near and Middle East, the Chamber did its best to support French businesses in Korea in their recovery in a time where solidarity is crucial and advocates for its members interest meeting with Korean governmental institutions such as the MOTIE, the KCCI and the President Yoon himself.
“This performance is even more positive given the lower-than-expected economic growth [...]. Despite these challenges, our ability to maintain this position once again proves the resilience of our organization and the dynamism of our network. “_Sonia Chaieb, FKCCI Deputy Director
The FKCCI team’s hard work and landmark events organized last year have also enabled the Chamber to surpass its 2022 performance level. To support various clients in their discovery of the Korean market, the Chamber has organized several learning expeditions, including a one-week one aimed at discovering the Peninsula’s cultural sector and connecting with local key players to a delegation of 15 French culture-field companies and prospecting missions in diverse industries such as cosmetics, lifestyle and furniture, childcare, F&B, tech and consumer goods. Among the 2023 highlights, Tech4Good, our flagship mission with French Tech, enabled 20 French companies to discover the Korean startup ecosystem, which count the impressive number of 30,000 startups among which 22 unicorns, and facilitate innovation exchanges between France and Korea. The momentum continues: in May 2024, the FKCCI unveiled the first and largest French F&B pavilion at Seoul Food & Hotel 2024. This pavilion enabled eight French food companies to showcase their products in Korea to potential distributors and partners. The event also included a special F&B networking night, offering the opportunity to connect and share experiences with FKCCI board members and peers already established in Korea.
These examples show that the French Korean Chamber of Commerce and Industry is not only a network of 450 members, but a growth catalyst for companies looking for a one-step solution to expand business on the Korean market. Thanks to its long-established network, among which companies in diverse industries, its localized expertise and its institutional French, Korean and international partners, the FKCCI offers a unique win-win service, recognized, and appreciated as such by its customers, that has enabled the Chamber to thrive and rank 6th best CCI abroad in terms of turnover in 2023.
This ranking echoes to numerous Chamber’s metrics indicators that have increased during that year. FKCCI’s members community includes 450 members, making it the 3rd foreign Chamber in South Korea. Its online community also surged in 2023 gathering 38,150 followers, an increase of 3% year-on year. In total, more than 60 events are organized every year, including business meetings, sectoral committees, major annual events, networking events and training and seminars. The Chamber has also dispensed numerous consulting services, that have nurtured new business opportunities for many French companies in Korea.
FKCCI thanks its partners and trustworthy members for participating in the Chamber rank and is committed to keep developing its network and services in the future! The second semester of 2023 seems promising with exciting upcoming events such as its Networking Soirée on September 12th, the comeback of the Golf Tournament in October, as well as the 2024’s edition of its major Tech event, and of course its Year-end Gala coming on November 29th!
If you wish to join our dynamic and supportive network, get more information here.
