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Latest News:
Ambassador al-Arada meets with Mauritanian Foreign Minister
Leadership Council Chairman and Deputies Return to Aden
Yemen Condemns Israeli Attack on Qatar's Capital
Yemen Chairs Arab League Meeting of the Arab Academy for Science, Technology and Maritime Transport
Deputy Minister Discusses Development and Economic Recovery with EU Ambassador
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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