South Korean car exports to the US exceed 1 million units for the first time in eight years, the largest ever - South Korean report

According to the Korea Automotive Mobility Industry Association (KAMA), from January to November 2023, 1,172,612 Korean cars were exported to the United States. The number of cars exported to the US is 19
It will be the largest since the Hyundai Excel sedan, which was sold in the United States in 1986. The number of Korean-made automobiles exported to the United States exceeded 1 million in 2018, when 1,066,164 units were exported.
It's been 8 years since 2005. Since the Donald Trump administration took office in January 2017, annual exports have fallen below 900,000 units over the five-year period, including 2017, due to protectionism. COVID-19
In 2021, when the virus spread, the number remained below 800,000 units. On the other hand, Korean-made automobiles, including Hyundai and Kia Motors, are among the first to respond to the shortage of semiconductors and parts amid the COVID-19 virus.
The Japanese government found a way out through exports to the United States. Unlike competing manufacturers in other countries who were unable to manufacture cars due to parts shortages, Korean automakers, which were able to get their cars out of the warehouse, naturally increased their sales volume in the United States.
One difference from 2015 is that the proportion of eco-friendly cars among cars exported to the US has increased significantly.
According to statistics from the South Korean Ministry of Trade, Industry and Energy, from January to November 2023, electric vehicles (EV) and hydrogen vehicles
The number of hybrid vehicles (HV) exported to the US was 134,000 units, an increase of 59.5% compared to the same period last year. The proportion of eco-cars exported to the US has reached 11.4%.