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.


Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million
Kroger Set to Name Former Walmart Executive Greg Foran as Next CEO
Anta Sports Expands Global Footprint With Strategic Puma Stake
Vietnam’s Trade Surplus With US Jumps as Exports Surge and China Imports Hit Record
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil
Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran
Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality
Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination
Nikkei 225 Hits Record High Above 56,000 After Japan Election Boosts Market Confidence
Fertile land for growing vegetables is at risk — but a scientific discovery could turn the tide
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations
SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market
Drug pollution in water is making salmon take more risks – new research
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data 



