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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.



Gold near highest record amid continued escalation of trade tensions
Oil rises, boosted by new tariff exemptions
China's autos industry grows in 1Q 2025
Canada begins imposing tariffs on US auto imports of 25 percent
Germany: New US tariffs an attack on the global trading system
Japan's industrial output grows 2.4 percent
Spain's public deficit amounts to 2.8 percent in 2024
Global energy demand up 2.2 percent in 2024
Eurozone annual inflation falls to 2.3 percent
QCB's foreign exchange reserves rise 3.81 percent

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