1/30, 4:11 AM (Source: TeleTrader)
more TeleTrader news

S. Korea's car exports at record $54.1B in 2022

South Korean vehicle exports amounted to $54.1 billion in 2022, surging 16.4% compared to 2021 and reaching an all-time high, the Ministry of Trade, Industry and Energy said on Monday. In total, South Korea produced 3.76 million vehicles in 2022, up 8.5% on a yearly basis.

The exports of eco-friendly cars also grew to a record of 554,000 in 2022. Year-on-year, they jumped 36.8%. Electric units soared 45.2% to 224,000, while hybrids came to 285,000, an increase of 34.5% annually.

Baha Breaking News (BBN) / DJ