Korean car exports top $6.2B in July
In July 2026, South Korea recorded its highest-ever car exports for the month, surpassing $6.2 billion, representing a 7% increase compared to the same month last year. Environmentally friendly vehicles led the performance with a 25.5% rise, reaching $2.59 billion, accounting for 41.5% of total exports. Export performance improved positively across destinations, with an 18% increase to North America and a 23.5% rise to the European Union, while exports to Asia and Central and South America declined. Domestically, car sales grew by 0.5% to 139,000 units, with eco-friendly vehicles capturing 60% of the market. Tesla's Model Y was the best-selling car in the country.
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