{"id":7419,"date":"2026-07-16T07:37:20","date_gmt":"2026-07-16T02:37:20","guid":{"rendered":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=7419"},"modified":"2026-07-16T07:37:20","modified_gmt":"2026-07-16T02:37:20","slug":"south-koreas-june-auto-exports-hit-record-6-71-billion","status":"publish","type":"post","link":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/?p=7419","title":{"rendered":"South Korea\u2019s June auto exports hit record $6.71 billion"},"content":{"rendered":"<p><script>\r\n  atOptions = {\r\n    'key' : '644b717812d811d6a1c1fc5b6ccd6fa6',\r\n    'format' : 'iframe',\r\n    'height' : 90,\r\n    'width' : 728,\r\n    'params' : {}\r\n  };\r\n<\/script>\r\n<script src=\"https:\/\/www.highperformanceformat.com\/644b717812d811d6a1c1fc5b6ccd6fa6\/invoke.js\"><\/script>\r\n<br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/cdnph.upi.com\/ph\/st\/th\/7251784155484\/2026\/i\/17841555884572\/v1.5\/South-Koreas-June-auto-exports-hit-record-671-billion.jpg\" \/><\/p>\n<p>A chart shows South Korea\u2019s automobile production, domestic sales and exports in June 2026. Data from Ministry of Trade, Industry and Resources. Graphic by Asia Today and translated by UPI&#13;\n                                            <\/p>\n<div id=\"\">\n<p><span class=\"story_dl\">July 15 (Asia Today) &#8212;<\/span> South Korea&#8217;s automobile exports reached a record for June as strong shipments of hybrid and electric vehicles offset pressure from U.S. tariffs and uncertainty in the global auto market.<\/p>\n<p>The value of automobile exports rose 5.8% from a year earlier to $6.71 billion in June, the highest amount recorded for the month, the Ministry of Trade, Industry and Resources said Wednesday.\n<\/p>\n<p>The figure was also up 15% from May.<\/p>\n<p>Export volume increased 9.8% from a year earlier to 268,169 vehicles. Domestic sales rose 9.5% to 159,725 vehicles, while production increased 11.6% to 394,210 vehicles.<\/p>\n<p>Compared with May, production increased 19.6%, domestic sales rose 25.5% and export volume climbed 16.5%.<\/p>\n<p>The ministry attributed the gains partly to a recovery in domestic demand and the restoration of alternative supplies for components that had disrupted vehicle production.<\/p>\n<p>North America and the European Union led the export growth.<\/p>\n<p>Exports to North America rose 12.3% from a year earlier to $3.61 billion. Exports to the United States increased 10.8% to $2.98 billion despite continued trade pressure.<\/p>\n<p>Exports to the European Union climbed 13.7% to $869 million.\n<\/p>\n<p>Eco-friendly vehicles accounted for much of the increase. Shipments rose 35.4% to 102,554 vehicles, exceeding 100,000 in a single month for the first time.<\/p>\n<p>The export value of eco-friendly vehicles increased 31.3% to $2.9 billion, accounting for about 43% of South Korea&#8217;s total automobile exports in June.<\/p>\n<p>Hybrid vehicle exports surged 48.7% to 72,878 units, while electric vehicle shipments rose 24.4% to 27,823.<\/p>\n<p>Exports of plug-in hybrid vehicles, however, fell 57.6% to 1,850 units. South Korea exported three hydrogen-powered vehicles, down 72.7% from a year earlier.<\/p>\n<p>By value, hybrid exports climbed 38.6% to $1.97 billion. Combined exports of electric and hydrogen-powered vehicles increased 18.1% to $940 million.<\/p>\n<p>The figures indicate that hybrids are helping South Korean automakers maintain export growth as the pace of electric vehicle adoption varies among international markets.<\/p>\n<p>The strong June performance did not fully reverse weakness during the first half of the year.<\/p>\n<p>South Korea produced 2.11 million vehicles from January through June, virtually unchanged from the same period last year.<\/p>\n<p>Domestic sales rose 2.5% to 847,630 vehicles, while export volume increased 2.1% to 1.44 million.<\/p>\n<p>The value of automobile exports during the six-month period declined 1.1% to $35.95 billion.<\/p>\n<p>Eco-friendly vehicle exports increased 23.9% to $15.35 billion, but the gain was not enough to offset factors including a decline in used-car exports.\n<\/p>\n<p><i>&#8212; Reported by Asia Today; translated by UPI<\/i><\/p>\n<p><i>\u00a9 Asia Today. Unauthorized reproduction or redistribution prohibited.<\/i><\/p>\n<p><i>Original Korean report: <a href=\"https:\/\/www.asiatoday.co.kr\/kn\/view.php?key=20260715010005733\" target=\"_blank\">https:\/\/www.asiatoday.co.kr\/kn\/view.php?key=20260715010005733<\/a><\/i><\/p>\n<\/p><\/div>\n<script async=\"async\" data-cfasync=\"false\" src=\"https:\/\/pl30214220.effectivecpmnetwork.com\/9ab3d4df8a7e1a6171e16ddbf732cc19\/invoke.js\"><\/script>\r\n<div id=\"container-9ab3d4df8a7e1a6171e16ddbf732cc19\"><\/div>\r\n\n","protected":false},"excerpt":{"rendered":"<p>A chart shows South Korea\u2019s automobile production, domestic sales and exports in June 2026. Data from Ministry of Trade, Industry and Resources. Graphic by Asia Today and translated by UPI&#13; July 15 (Asia Today) &#8212; South Korea&#8217;s automobile exports reached a record for June as strong shipments of hybrid and electric vehicles offset pressure from&#8230;<\/p>\n","protected":false},"author":1,"featured_media":7420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cdnph.upi.com\/sv\/ph\/og\/i\/7251784155484\/2026\/1\/17841555884572\/v1.5\/South-Koreas-June-auto-exports-hit-record-671-billion.jpg","fifu_image_alt":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-7419","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-hub"],"brizy_media":[],"_links":{"self":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/7419","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7419"}],"version-history":[{"count":0,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/posts\/7419\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=\/wp\/v2\/media\/7420"}],"wp:attachment":[{"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7419"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7419"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/usnews-14267fa.ingress-comporellon.ewp.live\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7419"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}