Asia BNC Awarded the '30 Million Dollar Export Tower' on Trade Day

Awarded for 3 Consecutive Years with $7 Million in 2019 and $20 Million in 2020
Expanding Export Capabilities Through Global E-commerce Sales

[Asia Economy Reporter Kim Heeyoon] Cosmetic distribution company Asia BNC (CEO Hwang Jongseo) announced on the 8th that it received the '30 Million Dollar Export Tower' award at the '58th Trade Day' ceremony.

The 'Trade Day' ceremony, hosted by the Korea International Trade Association and organized by the Ministry of Trade, Industry and Energy, annually selects companies that have contributed to pioneering overseas markets and increasing exports, rewarding them based on export performance.

Asia BNC achieved three consecutive years of awards by receiving the 7 Million Dollar Export Tower in 2019, the 20 Million Dollar Export Tower last year, and this year the 30 Million Dollar Export Tower.

Despite the prolonged COVID-19 pandemic situation, Asia BNC continued its growth in the B2C sales sector through global e-commerce sales. In particular, it strengthened its export capabilities by recording approximately double the sales growth compared to the previous year on online markets such as Japanese e-commerce platforms Qoo10, Rakuten, and Amazon Japan.

Hwang Jongseo, CEO of Asia BNC, stated, “Although the export environment has deteriorated due to COVID-19 and the US-China hegemony dispute, we were able to achieve export results through the expansion of global e-commerce (B2C) exports and the foundation for pioneering new markets. Next year, we will grow into a leading global cosmetic company by sourcing appropriate products suitable for the with-COVID and post-COVID eras.”

Asia BNC, established in 2016, is a cosmetic specialized trading company selected as a ‘specialized trading company’ and a ‘global small giant company.’ Through K-Beauty exports focusing on excellent quality domestic small and medium-sized enterprise brands such as ‘Rom&nd,’ it has recorded a growth trend including a tenfold increase in sales over the past three years.