GCC News 24
Business
Politics
Tech
Society
Green
Sports
Entertainment
Translate image English Down Arrow
The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

South Korea Auto Exports Jump 21.7% in January

South Korea Auto Exports Jump 21.7% in January

Post by : Bianca Haleem

Seoul: South Korea’s automobile exports recorded strong growth in January, rising 21.7 percent year-on-year, according to data released by the Ministry of Trade, Industry and Resources on Thursday.

The total value of vehicle exports reached $6.07 billion, marking the second-highest January export figure ever for the country. The growth was mainly supported by strong global demand for eco-friendly vehicles and a higher number of working days compared to the same period last year.

Exports of electric vehicles (EVs) increased by 21.2 percent, reaching $780 million. Meanwhile, shipments of hybrid vehicles showed significant growth, surging 85.5 percent year-on-year to $1.71 billion.

The sharp rise in eco-friendly vehicle exports highlights the growing international demand for low-emission mobility solutions and reflects South Korea’s strengthening position in the global green automotive market, according to a report by Yonhap News Agency.

Industry experts believe that continued demand for electric and hybrid models is expected to support export performance in the coming months.

Feb. 19, 2026 4:24 p.m. 349
Global News World News Business Updates

More Trending News

Featured Stories

Global Anti-Tobacco Day 2026: Safeguarding Youth from Nicotine
May 30, 2026 6:51 p.m.
World No Tobacco Day 2026 emphasizes the risks of nicotine dependency among youth and global initiatives for tobacco reduction.
Read More
WHO Delegation Assesses UAE Field Hospital's Impact on Gaza
May 30, 2026 6:41 p.m.
WHO representatives evaluated the UAE's field hospital in Rafah, recognizing its vital healthcare contribution to nearly 97,000 Gaza patients.
Read More
Sheikh Suroor Hall Welcomes Thousands via Virtual Tours
May 30, 2026 6:27 p.m.
In 2025, over 9,000 attendees explored the Sheikh Suroor bin Mohamed Al Nahyan Hall, uncovering the rich history of the UAE through virtual tours.
Read More
UAE Leadership Expresses Condolences to Qatar's Emir on Abdullah Al Attiyah's Passing
May 30, 2026 6:14 p.m.
UAE’s rulers have conveyed their condolences to Qatar’s Emir after the passing of Abdullah Al Attiyah, a key figure in Qatar's energy sector.
Read More
Severe Weather Warning: Thunderstorms and Heavy Rain Expected in Malaysia
May 30, 2026 6:11 p.m.
MetMalaysia alerts residents of severe thunderstorms and strong winds throughout Malaysia until 9 PM tonight.
Read More
Germany and Norway Urge Canada to Join Submarine Initiative
May 30, 2026 5:56 p.m.
Germany and Norway invite Canada to a joint submarine program aimed at enhancing Arctic defense and creating jobs.
Read More
Storm Warning: Heavy Rainfall Predicted for Southern Alberta
May 30, 2026 5:50 p.m.
Southern Alberta braces for significant rainfall, potential flooding, and cooler weather as a major storm approaches the region.
Read More
Vegas Golden Knights and Carolina Hurricanes Gear Up for Stanley Cup Final
May 30, 2026 5:42 p.m.
The Stanley Cup Final features the Vegas Golden Knights and Carolina Hurricanes, both coming off impressive playoff runs.
Read More
UAE Issues Travel Advisory for Ebola-Affected Regions
May 30, 2026 5:42 p.m.
The UAE urges citizens to avoid travel to Uganda, DR Congo, and South Sudan due to ongoing Ebola health risks.
Read More
Sponsored
Trending News
Achieve Radiant Skin at Home With This Simple Rice Flour Mixture

Achieve Radiant Skin at Home With This Simple Rice Flour Mixture

Say goodbye to costly facials! Discover how a rice flour concoction can rejuvenate your skin right f
May 30, 2026 2:06 p.m. 168
Meta Unveils Paid Subscription Plans for Key Platforms

Meta Unveils Paid Subscription Plans for Key Platforms

Meta introduces subscription services for Instagram, Facebook, and WhatsApp, offering users premium

May 28, 2026 12:23 p.m. 303
2026 Eid Al Adha Dates Expected in UAE According to Astronomical Predictions

2026 Eid Al Adha Dates Expected in UAE According to Astronomical Predictions

Astronomers anticipate Eid Al Adha in the UAE may start on May 27, 2026, prompting early holiday pla
May 7, 2026 12:30 p.m. 668
DAE's First Quarter Financial Surge Sets New Highs

DAE's First Quarter Financial Surge Sets New Highs

Dubai Aerospace Enterprise sees record first-quarter revenue and profit growth, alongside a major ac
April 29, 2026 2:22 p.m. 425
Sony's PS5 Price Increase Set for Southeast Asia on May 1

Sony's PS5 Price Increase Set for Southeast Asia on May 1

Starting May 1, 2026, Sony will raise PS5 prices across Southeast Asia. Discover what this means for
April 28, 2026 2:42 p.m. 466
Potential Super El Niño 2026: Understanding Climate Threats

Potential Super El Niño 2026: Understanding Climate Threats

Is a Super El Niño on the horizon for 2026? Explore its potential effects and global climate implica
April 27, 2026 12:30 p.m. 569
Global Oil Supply Crisis Heightens Market Uncertainty | Prices Rise

Global Oil Supply Crisis Heightens Market Uncertainty | Prices Rise

Global markets are unsettled as oil supply issues escalate, driving prices up and impacting investme
April 24, 2026 2:51 p.m. 452
Must-See Attractions in London for Every Traveler

Must-See Attractions in London for Every Traveler

Explore London's top attractions from royal sites to cultural hubs, ensuring an unforgettable trip f
April 24, 2026 1:41 p.m. 481