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Who buys South Korea’s cars? Export destinations 2024

In 2024, South Korea exported $70.3 billion of cars (4.9 million tonnes), 7.3% of the world total. The United States bought 54% of the total, followed by Canada (7%) and Australia (5%). South Korea was the world’s 4th-largest exporter of cars.

Summary

Value
$70.3billion
Tonnes
4.9million tonnes
Share of world total
7.3%
World rank
4th
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States37.6Tonnes: 2,227,143USD per tonne: $16,90253.6%Sea
Canada5.2Tonnes: 331,882USD per tonne: $15,7097.4%Sea
Australia3.4Tonnes: 249,056USD per tonne: $13,4634.8%Sea
United Kingdom2.3Tonnes: 131,675USD per tonne: $17,5983.3%Sea
Saudi Arabia1.8Tonnes: 126,753USD per tonne: $13,9452.5%Sea
Germany1.6Tonnes: 86,584USD per tonne: $18,0572.2%Sea
France1.3Tonnes: 86,658USD per tonne: $15,4491.9%Sea
Spain1.2Tonnes: 86,135USD per tonne: $14,4821.8%Sea
Israel0.89Tonnes: 65,936USD per tonne: $13,5171.3%Sea
Netherlands re-exports0.85Tonnes: 52,361USD per tonne: $16,2401.2%Sea
Turkey0.68Tonnes: 46,450USD per tonne: $14,7160.97%Sea
Russia0.59Tonnes: 53,215USD per tonne: $11,0640.84%Sea
Italy0.58Tonnes: 41,805USD per tonne: $13,8360.82%Sea
Belgium re-exports0.55Tonnes: 35,215USD per tonne: $15,6150.78%Sea
Kyrgyzstan0.5Tonnes: 79,168USD per tonne: $6,3330.71%Sea
Iraq0.48Tonnes: 39,549USD per tonne: $12,1760.69%Sea
United Arab Emirates0.48Tonnes: 69,176USD per tonne: $6,9300.68%Sea
Poland0.46Tonnes: 28,399USD per tonne: $16,1940.65%Sea
Ireland0.45Tonnes: 19,169USD per tonne: $23,4060.64%Sea
Mexico0.42Tonnes: 30,264USD per tonne: $13,9100.6%Sea

Trend

Who it sells to

The United States was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • United States 37.6
  • Canada 5.2
  • Australia 3.4
  • United Kingdom 2.3
  • Saudi Arabia 1.8

Source: CEPII BACI

Show the numbers
Partner19952024
United States1.737.6
Canada0.085.2
Australia0.393.4
United Kingdom0.362.3
Saudi Arabia0.051.8

Sources and methodology

Other products of this country

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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