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KITA ¿¬Çõ |
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In the early 1980's, the Korea Traders' Club was founded by
Korean companies in Southern California whose parent companies or headquarters
are based in Korea. Its primary objective was to create a mutually beneficial trade
and investment environment between Korea and United States. Thanks to the efforts
of many individuals, especially Mr. Byung Joon Lee, the Korea Traders' Club's
activities have resulted in a great success towards promoting trade and investment
ties between the two nations.
With its continuous growth in trading volume, the number of companies and diversity by industry,
the Korean Investors and Traders Association of Southern California, Inc. (KITA) was formally
incorporated in June of 1996. Its mission to better provide valuable information, networking
opportunities and encouraging members of KITA to become more involved in their local communities
has been a success. KITA is now an integral part of California's economy and will strive to
contribute even more to said economy.
An integral part of California's economy.
California's economy is the 5th largest economy in the world. As California's ethnically diverse businesses continue to increase in numbers, KITA is actively involved in helping to build a stronger economy, and stronger California.
KITA by Total Sales
Members of KITA are playing an important role in enhancing and improving California's International Trade Market economy.
In 2003, KITA member total sales were estimated at $18.9 billion, which accounted for approximately 1.4% of the California Gross Domestic Product.
KITA's total sale volume will exceed more than 1.4% of California GDP in 2003, as there has been a considerable increase in Korean business ventures in areas such as Irvine and San Diego.
KITA by industry
KITA memberships are derived from diverse industries. Among the members, approximately 74% are wholesale/resale traders and 21% are manufacturers for their industry.
Electronics, Telecommunication |
16% |
| Food, Pharmaceuticals |
14% |
| Machinery, Parts |
14% |
| Steel, Metal |
9% |
| Transportation, Freight, Warehouse |
8% |
| Fabric, Garment, Textile |
6% |
| Sports, Gift Goods |
6% |
| Automobile, Tires |
5% |
| Electric, Packaging |
5% |
| Hotel, Tourism |
5% |
| Chemical, Cosmetics |
5% |
| Finance, Investment, Insurance |
3% |
| Others |
4% |
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