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Last Update: ،
2026/05/13
Time
04:37:15
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Latest News:
Al-Khanbashi Meets UN Envoy Office Delegation, Discusses Development Projects with UNDP
Prime Minister Receives Copy of Credentials of Kuwait’s Ambassador to Yemen
Minister of Water Signs Agreements with Samaritan’s Purse to Implement Projects in Aden, Taiz
Governor of CBY, WFP Discuss Ways to Execute Humanitarian, Relief Tasks
President al-Alimi: The State Committed to Providing Protection, Assistance for Humanitarian Work Community
South Korea's car exports increase by 3.8 percent
[07/07/2024 07:30]
SEOUL-SABA
South Korean car exports rise 3.8% year-on-year to $37 billion in first half of this year by the virtue of increasing its exports to the United States.
According to a statement from the Ministry of Trade, Industry and Energy and the Korea International Trade Association, the increase is primarily due to continued growth in exports of high value-added eco-friendly cars, including electric and hybrid vehicles, to North America and Europe.
This figure represents the highest ever level for the first half of any year, after car exports recorded a record $35.65 billion in the first half of last year, surpassing the previous record of $25.23 billion in the same period of 2014, said the ministry.
South Korean car exports rise 3.8% year-on-year to $37 billion in first half of this year by the virtue of increasing its exports to the United States.
According to a statement from the Ministry of Trade, Industry and Energy and the Korea International Trade Association, the increase is primarily due to continued growth in exports of high value-added eco-friendly cars, including electric and hybrid vehicles, to North America and Europe.
This figure represents the highest ever level for the first half of any year, after car exports recorded a record $35.65 billion in the first half of last year, surpassing the previous record of $25.23 billion in the same period of 2014, said the ministry.
Key words:
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