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.


How America courted increasingly destructive wildfires − and what that means for protecting homes today
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook
Apple Forecasts Strong Revenue Growth as iPhone Demand Surges in China and India
Swimming in the sweet spot: how marine animals save energy on long journeys
Burkina Faso and Mali’s fabulous flora: new plant life record released
Oil Prices Surge Toward Biggest Monthly Gains in Years Amid Middle East Tensions
Trump Threatens 50% Tariff on Canadian Aircraft Amid Escalating U.S.-Canada Trade Dispute
Philippine Economy Slows in Late 2025, Raising Expectations of Further Rate Cuts
U.S. Stock Futures Edge Lower as Tech Earnings and Fed Decision Shape Market Sentiment
Wall Street Slips as Tech Stocks Slide on AI Spending Fears and Earnings Concerns
China Factory Activity Slips in January as Weak Demand Weighs on Growth Outlook
SpaceX Reports $8 Billion Profit as IPO Plans and Starlink Growth Fuel Valuation Buzz
Fertile land for growing vegetables is at risk — but a scientific discovery could turn the tide
Asian Currencies Trade Flat as Dollar Retreats After Fed Decision
Federal Judge Signals Possible Dismissal of xAI Lawsuit Against OpenAI
Pentagon and Anthropic Clash Over AI Safeguards in National Security Use 



