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Last Update: ،
2024/12/26
Time
06:54:45
Latest News:
Council of Ministers approves gov't's economic plan for urgent priorities
Leadership Council Chairman meets heads of Cabinet and Supreme Judiciary Council
President al-Alimi appoints new judges in Supreme Court
Al-Aradah discusses humanitarian, developmental Updates with Kuwaiti Ambassador
FM meets UN Deputy Humanitarian Coordinator
Latest News:
Council of Ministers approves gov't's economic plan for urgent priorities
Leadership Council Chairman meets heads of Cabinet and Supreme Judiciary Council
President al-Alimi appoints new judges in Supreme Court
Al-Aradah discusses humanitarian, developmental Updates with Kuwaiti Ambassador
FM meets UN Deputy Humanitarian Coordinator
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.
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