South Korea’s automobile exports soared to a record $72 billion last year, driven by strong global demand for eco-friendly vehicles and used cars. This marked a 1.7% increase from the previous year and the third consecutive year of exports surpassing $70 billion. Despite challenges like U.S. tariff measures, the industry thrived due to the popularity of Korean eco-friendly cars and used vehicles.
Exports of eco-friendly vehicles, including electric, hydrogen, and hybrid cars, grew by 11% to $25.8 billion in 2025. Hybrid car shipments saw a remarkable 30% surge to a record $14.8 billion. Additionally, exports of used cars spiked by 75.1% to an all-time high of $8.87 billion, attributed to the strong brand recognition of Korean cars and favorable currency conditions.
In 2025, South Korea’s domestic automobile production exceeded 4 million units for the third consecutive year, reaching 4.1 million units. Domestic car sales also rose by 3.3% to 1.68 million units, with eco-friendly cars accounting for 813,000 units, a 25% increase. The government aims to sustain this export growth and enhance the industry’s competitiveness in future mobility amid global trade uncertainties.
