Car exports edge up last month despite Middle East conflict

By Han Jun-gu Posted : April 16, 2026, 17:44 Updated : April 16, 2026, 17:44
Cars for shipment are parked in Pyeongtaek, Gyeonggi Province on April 15, 2026. AJP Han Jun-gu
PYEONGTAEK, April 16 (AJP) - South Korea's car exports increased last month despite the prolonged conflict in the Middel East.

According to a report by the Ministry of Trade, Industry and Energy on Thursday, the total amount of car exports stood at $6.37 billion in March, up 2.2 percent from the same period last year.

Exports of hybrid vehicles drove the increase, surging by over 60 percent, despite a significant decline in shipments to the Middle East.
 
Cars for shipment are parked in Pyeongtaek, Gyeonggi Province on April 15, 2026. AJP Han Jun-gu
Cars for shipment are parked in Pyeongtaek, Gyeonggi Province on April 15, 2026. AJP Han Jun-gu

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