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Recently, it was reported that due to factors such as the US tariff policy, South Korea's automobile exports for the whole year are expected to decline for the first time in five years this year. The Korea Automobile Mobile Industry Association predicts that South Korea's automobile exports will be between 2.71 million and 2.72 million vehicles this year, down about 2.3% to 2.6% from 2.782,600 vehicles last year. According to the news, the decline in exports was mainly due to a decline in exports to the US, South Korea's largest automobile export market. From January to October this year, South Korea's automobile exports to the US were about 1.1075 million vehicles, a decrease of 7.9% over the previous year. The industry is concerned about the prolonged US tariff policy and trade protectionism, putting more pressure on South Korea's automobile exports.

Zhitongcaijing·12/05/2025 07:33:05
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Recently, it was reported that due to factors such as the US tariff policy, South Korea's automobile exports for the whole year are expected to decline for the first time in five years this year. The Korea Automobile Mobile Industry Association predicts that South Korea's automobile exports will be between 2.71 million and 2.72 million vehicles this year, down about 2.3% to 2.6% from 2.782,600 vehicles last year. According to the news, the decline in exports was mainly due to a decline in exports to the US, South Korea's largest automobile export market. From January to October this year, South Korea's automobile exports to the US were about 1.1075 million vehicles, a decrease of 7.9% over the previous year. The industry is concerned about the prolonged US tariff policy and trade protectionism, putting more pressure on South Korea's automobile exports.