South Korea Auto Exports Hit Record $6.71B in June, Eco-Vehicle Sales Top 100K

South Korea's automotive industry recorded its highest-ever June export value at $6.71 billion, a 5.8% year-on-year increase, as domestic sales growth and normalized parts supply drove production recovery, the Ministry of Trade, Industry and Energy announced on July 15. The surge was fueled by eco-friendly vehicle exports surpassing 100,000 units in a single month for the first time, reaching $2.9 billion—a 31.3% annual increase. Domestic sales rose 9.5% to 160,000 units while production climbed 11.6% to 394,000 units in June, reflecting resolution of supply chain disruptions that had constrained output earlier in the year.

North America and EU Drive Export Growth in June

Exports to North America increased 12.3% year-on-year in June, with hybrid vehicles leading the expansion in the United States market. EU exports rose 13.7%, driven by electric vehicle demand in Europe. Conversely, Asia-region exports fell 13.7% due to base effects from strong used-car export performance in the prior year, while Middle East exports declined 11.4% amid ongoing regional conflicts.

Eco-Friendly Vehicle Exports Exceed 100,000 Units for First Time

June marked the first month in which eco-friendly vehicle exports surpassed the 100,000-unit threshold. Export value for eco-friendly vehicles reached $2.9 billion, a 31.3% increase from the same month last year. The milestone reflects accelerated global adoption of hybrid and electric vehicle technologies in key export markets.

Production and Domestic Sales Recover on Normalized Parts Supply

June production totaled 394,000 units, an 11.6% year-on-year increase, as alternative parts sourcing resolved earlier supply constraints. Renault Korea's output dropped 29.6%, while KG Mobility (+21.2%), Kia (+16.2%), and Hyundai (+10.9%) posted gains. Domestic sales reached 160,000 units (+9.5%), with eco-friendly vehicles accounting for 94,000 units—59% of total sales. Electric vehicle sales surged 92.1% to 39,000 units.

FAQ

What was South Korea's automotive export value in June?
South Korea's automotive exports totaled $6.71 billion in June, a 5.8% year-on-year increase and the highest June export value on record.

How many eco-friendly vehicles did South Korea export in June?
Eco-friendly vehicle exports exceeded 100,000 units for the first time in a single month, with export value reaching $2.9 billion—a 31.3% annual increase.

Which automakers increased production in June?
KG Mobility production rose 21.2%, Kia increased 16.2%, and Hyundai grew 10.9% year-on-year. Renault Korea's output declined 29.6%.