South Korea's auto exports hit record $72 billion in 2025

South Korea's automobile exports reached an all-time high of $72 billion last year, driven by strong overseas demand for eco-friendly vehicles and used cars. The figure represents a 1.7 percent increase from 2024's $70.8 billion. The government aims to sustain this momentum amid ongoing global trade uncertainties.

South Korea's automobile exports reached an all-time high of $72 billion in 2025, according to data from the Ministry of Trade, Industry and Resources released on Thursday. This marks a 1.7 percent increase from $70.8 billion in 2024 and surpasses the previous record of $70.9 billion set in 2023 by 1.55 percent. It is the third consecutive year that annual car exports have exceeded the $70 billion mark.

Despite facing unfavorable conditions such as U.S. tariff measures, the industry achieved this milestone thanks to robust demand for Korean-made eco-friendly cars and used vehicles. Exports of eco-friendly vehicles, including electric, hydrogen, and hybrid models, rose 11 percent year-on-year to $25.8 billion. Hybrid car shipments, in particular, surged 30 percent to a record $14.8 billion.

Used car exports spiked 75.1 percent to an all-time high of $8.87 billion, bolstered by the strong brand recognition of Korean cars and the weakness of the local currency, the ministry noted. Domestically, automobile production totaled 4.1 million units, topping 4 million for the third straight year. Car sales in the country increased 3.3 percent to 1.68 million units, consisting of 1.36 million Korean-brand vehicles and 320,000 imports.

Eco-friendly car sales advanced 25 percent to 813,000 units, accounting for nearly half of total domestic sales. The ministry stated it will work to maintain the strong export momentum and enhance the automobile industry's fundamental competitiveness in the future mobility sector this year amid persisting global trade uncertainties.

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Illustration of South Korea's record $709.7 billion exports in 2025, showing Busan Port cargo ships, semiconductors, Seoul skyline, and surging trade graphs.
Image generated by AI

South Korea's exports hit record $709.7 billion in 2025

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South Korea's exports reached a record $709.7 billion in 2025, surpassing the $700 billion mark for the first time. The surge was driven by strong semiconductor demand, leading to the largest trade surplus since 2017 at $78 billion. Industry Minister Kim Jung-kwan highlighted the economy's resilience amid global challenges.

Government data shows South Korea's used car exports surged more than 80% year-on-year in the first 11 months, reaching $8.4 billion. While new car exports dipped slightly, overall automobile exports increased by 2%.

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South Korea's exports grew 6.8 percent year-on-year to $43 billion in the first 20 days of December, driven by strong global demand for semiconductors. This marks an all-time high for the period, surpassing last year's record. While car and petroleum shipments declined, the trade surplus expanded to $3.8 billion.

South Korea's exports rose 29% year-on-year in February to $67.45 billion, marking the highest level ever for the month. The surge was driven by growing demand for semiconductors amid the AI boom. The trade surplus reached a record $15.51 billion.

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Government data shows that outbound online sales by South Korean businesses reached a record 3.02 trillion won in 2025, marking the third consecutive year of growth. This represents a 16.4 percent increase from the previous year. Sales rose notably in the United States and China, but fell in ASEAN countries.

South Korea's seafood exports reached an all-time high of $3.33 billion last year, driven by rising demand for dried seaweed products. The figure marks a 9.7 percent increase from 2024, according to government data.

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South Korea recorded a record current account surplus of $82.77 billion for the first nine months of this year, driven by strong semiconductor and automobile exports. The central bank reported that September's surplus alone reached $13.47 billion, the highest ever for that month.

 

 

 

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