Air Incheon starts Dhaka-Seoul direct cargo flight, A direct cargo flight from Seoul to Dhaka has been launched by the South Korean airline Air Incheon, ensuring that any urgent goods traveling between Bangladesh and the east Asian country will arrive within one day. According to a press release issued here today, the two-weekly direct cargo flight was launched on Saturday by local international freight forwarder TAD Logistics.

Air Incheon starts Dhaka-Seoul direct cargo flight

“Our export process would increase its earnings with the aid of the cargo flights and based on demand from the market. We intend to increase the number of flights on the route to five per week,” TAD Group managing director Md. Ashikur Rahman Tuhin said on the occasion.

He claimed that entrepreneurs are currently looking for trustworthy substitutes to import and export goods in order to meet market demand and ensure business continuity. Exports of perishable commodities from Bangladesh will increase as a result of the new cargo service, he noted.

Crabs, RMG, fish, leather, leather goods, and human hair are among Bangladesh’s top exports to South Korea. The Bangladesh Garments Manufacturers and Exporters Association (BGMEA) estimates that this fiscal year, apparel exports to Korea will total $1 billion, including a variety of goods like underwear, denim, shirts, jackets, and pullovers.

Bangladeshi businesspeople now have a chance to penetrate the Korean market, which currently sources 34% of its clothing from Beijing, as a result of the apparel industry’s increasing migration out of China due to rising costs. According to data from the Export Promotion Bureau (EPB), Bangladesh’s share of the Korean clothing market has been increasing but slowly since 2017, and it finally reached a little over 4% in FY22 with export revenues of $440 million.

Know more:

Air Incheon starts Dhaka-Seoul direct cargo flight

Leave a Comment Cancel reply