South Korea exported to 225,42 million vehicles in October, a year -on -year increase of 8.6%, r
- Author:sofreight.com
- Source:sofreight.com
- Release Date:2023-11-21
The South Korean Ministry of Industry and Commerce Resources recently released data. From January to October this year, the cumulative export volume of automobiles was 57.96 billion US dollars, an increase of 33.9%year-on-year.
And due to the strong demand for environmental protection cars and high -end models overseas, the export value of automobiles in October was US $ 5.88 billion, a record high of the same period, an increase of 19.8%year -on -year; the number of exports was 225.42 million, a year -on -year increase of 8.6%.
In addition, South Korea's car output in October was 34.10.19 million, a year -on -year increase of 3.9%.The annual output is expected to break the 4 million mark after five years after 2018.
South Korea ’s exports and exports have maintained a high increase in double digits for 4 consecutive months.Looking at new energy vehicles alone, the export volume increased by 36.1%year -on -year to 522.79 million units.The export volume increased by 27.1%to 1.45 billion US dollars, which is the second highest record in the year, and the proportion of the total export volume of automobiles is 25.1%, a record high.
North America is still the largest export destination of Korean cars last month, with sales jumped 46.9%to $ 3.5 billion.
On the other hand, the exports of the EU slightly decreased by 9.1%to $ 675 million, an export of Asian countries increased by 1.5%to $ 450 million.Exports to the Middle East increased by 6.9%to $ 442 million.
The overall growth of automobile exports is mainly driven by strong demand for environmental protection models. The exports of these models have soared by 21.4%to $ 1.75 billion.
At present, there are still many precautions for environmental protection models when import and export. The cross -Hong Kong logistics platform can provide one -stop logistics services to solve logistics problems for you.
And due to the strong demand for environmental protection cars and high -end models overseas, the export value of automobiles in October was US $ 5.88 billion, a record high of the same period, an increase of 19.8%year -on -year; the number of exports was 225.42 million, a year -on -year increase of 8.6%.
In addition, South Korea's car output in October was 34.10.19 million, a year -on -year increase of 3.9%.The annual output is expected to break the 4 million mark after five years after 2018.
South Korea ’s exports and exports have maintained a high increase in double digits for 4 consecutive months.Looking at new energy vehicles alone, the export volume increased by 36.1%year -on -year to 522.79 million units.The export volume increased by 27.1%to 1.45 billion US dollars, which is the second highest record in the year, and the proportion of the total export volume of automobiles is 25.1%, a record high.
North America is still the largest export destination of Korean cars last month, with sales jumped 46.9%to $ 3.5 billion.
On the other hand, the exports of the EU slightly decreased by 9.1%to $ 675 million, an export of Asian countries increased by 1.5%to $ 450 million.Exports to the Middle East increased by 6.9%to $ 442 million.
The overall growth of automobile exports is mainly driven by strong demand for environmental protection models. The exports of these models have soared by 21.4%to $ 1.75 billion.
At present, there are still many precautions for environmental protection models when import and export. The cross -Hong Kong logistics platform can provide one -stop logistics services to solve logistics problems for you.