Passenger car exports up in H1
SEOUL, July 25 (Yonhap) -- South Korean-made passenger car exports rose 6.1 percent in the first half of 2019 from a year earlier on the back of strong demand from the North American market, data showed Thursday.
Local carmakers shipped passenger cars with a combined value of US$19.8 billion during the January-June period, compared with $18.7 billion a year earlier, according to the data compiled by the Korea Customs Service (KCS).
The number of units moved up 2.1 percent to reach 1.26 million, the data also showed.
Over the cited period, South Korea's imports of passenger cars decreased 19.6 percent to $4.8 billion, or 140,000 units, the KCS said.
The U.S. was the largest market for South Korean passenger cars, accounting for 39 percent of South Korea's total car exports in the first half, followed by Canada and Russia with 7.3 percent and 6.4 percent, respectively.
The customs data also showed that exports of eco-friendly cars reached $2.59 billion in the first half, soaring 39.6 percent on-year.
The average export price of cars reached $15,704 in the April-June period, rising 4.9 percent from a year earlier, the data showed.
colin@yna.co.kr
(END)
-
New Defense Minister Lee takes office, warns of 'stern' response to possible N.K. provocations
-
(LEAD) Yoon taps ex-deputy NSA for spy chief
-
Gov't to significantly increase international flights to meet travel demand
-
(2nd LD) BTS wins three Billboard Music Awards, marking 6th year to win an award
-
Psy returns to Billboard Hot 100 after 7 years with 'That That'
-
Full text of President Yoon's inaugural address
-
(2nd LD) Yoon offers to revive N.K. economy with 'audacious plan'
-
S. Korea to send condolence delegation to UAE over death of president
-
(News Focus) With Yoon, S. Korea, U.S. to strengthen alliance, deterrence against N. Korea: experts
-
(LEAD) Yoon to take oath of office as S. Korea's new president
-
(LEAD) Crypto investor probed for alleged trespassing at Terraform CEO's home
-
S. Korean volunteer fighter in Ukraine doesn't regret his action despite facing imprisonment at home
-
S. Korean Navy SEAL-turned-YouTuber in Ukraine claims to be injured
-
Crypto investor probed over allegedly visiting house of Terraform's CEO
-
N. Korea asks China for help in fight against COVID-19: source