South Korea auto exports rise 6% in June

GlobalData

Thu, July 16, 2026 astatine 7:10 AM CDT 1 min read

The worth of South Korean conveyance exports roseate by 5.8% year-on-year to US$ 6.79 cardinal successful June 2026, driven by beardown overseas income of battery-powered and hybrid-electric vehicles by the country's main automakers, according to the Ministry of Trade, Industry and Resources.

This was a grounds precocious for the period of June, with the worth of shipments to Europe rising by 13.7%, portion exports to North America roseate by 12.3%, and shipments to Latin America rising by 5.1%. Overall exports of eco-friendly vehicles surged by implicit 31% to US$ 2.9 billion, according to the Ministry.

The beardown June information followed anemic accumulation and exports successful erstwhile months, owed chiefly to impermanent car parts shortages affecting cardinal automakers, peculiarly Hyundai Motor. Overall conveyance accumulation successful the state rebounded by 12% year-on-year to 394,210 units past month, according to manufacture data, with home income by the 'Big Five' automakers rising by 5% to 117,390 units.

In the archetypal fractional of 2026, full conveyance output declined somewhat to 2,110,783 units, portion the worth of exports was down by conscionable implicit 1% to US$ 35.95 billion.

"South Korea car exports emergence 6% successful June" was primitively created and published by Just Auto, a GlobalData owned brand.