This year, South Korea's eco-friendly vehicle exports accounted for more than 30% of total vehicle exports.
According to the Korea International Trade Association on July 11, automobile exports from January to May of this year amounted to $20.453 billion and $6.198 billion in eco-friendly vehicle exports, accounting for 30.3% of total vehicle exports.
During the same period last year, the proportion of export of eco-friendly vehicles was 21.6%, up 8.7%p in one year.
Demand for eco-friendly vehicles is increasing as the world promotes carbon-neutral policies.
In addition, as South Korean electric vehicles such as Hyundai Motor's Ioniq 5 and Kia EV6 started to be sold in earnest in the US, the world's largest automobile market, the proportion of exports seems to have increased.
By type of eco-friendly car, Hyundai Motor Company's Ioniq 5 exported the most with 25,381 units, followed by Kia's EV6 with 25,052 units.
Among hybrid cars, renault korea motors XM3 recorded the largest export volume with 26,597 units. Next came the Hyundai Kona with 14,422 units and the Kia Niro with 13,078 units. 119 hydrogen cars were exported to the Nexo.
The average export price per unit of eco-friendly vehicles is also rising. According to data from the Korea International Trade Association and the Automobile Industry Association, the average export unit price from January to May this year was $28,865, up 4% from $27,762 recorded during the same period last year.
In particular, the export unit price of eco-friendly vehicles is 39% higher than the average export unit price of internal combustion engine vehicles of 27,763 dollars.
The average export unit price per eco-friendly car rose by $2,500 to $3,000 annually, from $23,100 in 2019, $26,309 in 2020, and $28,810 last year.
Considering this trend, the export unit price of eco-friendly vehicles is expected to exceed $30,000 by the end of this year.
Meanwhile, domestic sales of eco-friendly cars exceeded 200,000 units in the first half of this year. This is an increase of more than 40% compared to the same period last year.
