South Korea's passenger car exports surged to $12.6 billion in value during the third quarter, up 30.1 percent from $9.7 billion a year earlier, helped by growing demand for eco-friendly vehicles.
The number of cars shipped came to 590,000, up 26.8 percent over the period.
Meanwhile, South Korea’s passenger car imports also moved up 17.7 percent to hit $3.5 billion.
Exports to the US jumped the most at 58 percent on-year in the third quarter, with those to Canada and Australia soaring 35.6 percent and 34.1 percent, respectively.
The average price of cars shipped during the cited period came to $21,273, up 2.6 percent on-year.
Electric vehicles and other eco-friendly cars accounted for a record high of $4 billion of the exports in the third quarter, up 42.3 percent on-year.


Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility
TSMC Eyes 3nm Chip Production in Japan with $17 Billion Kumamoto Investment
Gold Prices Slide Below $5,000 as Strong Dollar and Central Bank Outlook Weigh on Metals
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine
How America courted increasingly destructive wildfires − and what that means for protecting homes today
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences
Burkina Faso and Mali’s fabulous flora: new plant life record released
TrumpRx Website Launches to Offer Discounted Prescription Drugs for Cash-Paying Americans
As the Black Summer megafires neared, people rallied to save wildlife and domestic animals. But it came at a real cost
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility
Fertile land for growing vegetables is at risk — but a scientific discovery could turn the tide
Gold and Silver Prices Slide as Dollar Strength and Easing Tensions Weigh on Metals
Ukraine minerals deal: the idea that natural resource extraction can build peace has been around for decades
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal
Thousands of satellites are due to burn up in the atmosphere every year – damaging the ozone layer and changing the climate
Rise of the Zombie Bugs takes readers on a jaw-dropping tour of the parasite world 



