Tag: South Korea: Auto exports hit record high in May’24

South Korea’s automobile exports achieved a record high for the month of May in 2024, reaching USD 6.5 billion (KRW 9.0285 trillion) according to the Ministry of Trade, Industry and Energy. This represents a 4.8% y-o-y increase compared to May 2023. Year-to-date figures for January through May 2024 also reached a new peak, with exports…