automobile exports News

South Korea's Exports Defy U.S. Tariffs with a 5.9% Surge in July, Led by Semiconductors and Automobiles

South Korea's exports grew by 5.9% in July despite U.S. tariffs, led by record semiconductor sales and strong performances in automobiles and ships. Exports to the U.S. and ASEAN i...

Korea Slips in U.S. Import Market: A Deep Dive into the Shifting Competitive Landscape

Korea's U.S. import market share drops from 7th to 10th amid tariff changes, with major declines in automobile and auto parts exports. The competitive landscape shifts as Mexico an...

European Car Makers Sound Alarm: US Tariffs Could Backfire on Domestic Economy

The European Automobile Manufacturers' Association warns that new US tariffs on auto imports could harm not only global carmakers but also US manufacturing, with a significant port...

South Korea's Export Growth Stumbles to 1% in February Amid Semiconductor Slump

South Korea's export growth slowed to 1% in February, despite a 7.3% increase in working days. Semiconductor exports fell for the first time in 16 months, while sectors like automo...

South Korea's Current Account Surplus Hits $9.78 Billion in October, Driven by Auto and Semiconductor Exports

South Korea's current account surplus reached $9.78 billion in October, driven by strong exports of semiconductors and automobiles. This marks the sixth consecutive month of surplu...