Electric Vehicles Export of South Korea: A Comprehensive Trade Analysis

October 02, 2025

Electric vehicles are a type of automobile that runs on electricity stored in rechargeable batteries. These are crucial industrial demands at present, reducing the dependency on oil and increasing the electricity demand, along with the transformation of the automotive industry. South Korea, based in East Asia, has emerged as a leading exporter of electric vehicles due to the large export volumes from OEMs and the strong global brand recognition for Korean manufacturing units.

South Korea Import Data says that the growing domestic supply chain for battery materials, along with the strong electronic vehicle parts suppliers, resulted in an export rate value of electric vehicles worth 6 billion US dollars in 2024. The industrial commitment to responsible sourcing and the government initiatives have been supporting the overall revenue rate. Subscribe to Import Globals, an import export trade provider, to stay updated with the latest information regarding the electric vehicle export of South Korea via the South Korea trade data.

WHY ARE VEHICLES A GLOBALLY TRADED COMMODITY?

Vehicles, right now, with modern technologies, have evolved as one of the top-traded global commodities because of their essential role in economic growth and consumer mobility. The product is popular among different traders because of its features that combine advanced engineering design and technology for a proper fulfillment of the developed emerging markets.

Different countries have been sourcing automotive components and raw materials, which, in collaboration with the supply chains, have led to a stronger trade of electric vehicles worldwide. A rapid urbanization, accompanied by rising income levels and the shift in consumer preferences for efficient and environment-friendly transport solutions, has been shaping the overall trade landscape.

THE LEADING VARIANTS OF ELECTRIC VEHICLES EXPORTED FROM SOUTH KOREA IN 2024

South Korea, to properly fulfill the globally growing demands, has introduced diversification in the export portfolio. According to the South Korea Export Data, the top 10 leading variants of electric vehicles exported from the nation in 2024 are,

· Hyundai Kona Electric — The annual valuation of Hyundai Kona Electric exported from South Korea in 2024–1.2 billion US dollars

· Kia Niro EV- The annual valuation of Kia Niro EV exported from South Korea in 2024–987 million US dollars

· Genesis G80e- The annual valuation of Genesis G80e exported from South Korea in 2024–876 million US dollars

· Hyundai Ioniq 5- The annual valuation of Hyundai Ioniq 5 exported from South Korea in 2024–798 million US dollars

· Kia EV6- The annual valuation of Kia EV6 exported from South Korea in 2024–695 million US dollars

· Hyundai Ioniq 6- The annual valuation of Hyundai Ioniq 6 exported from South Korea in 2024–576 million US dollars

· Kia EV9- The annual valuation of Kia EV9 exported from South Korea in 2024–478 million US dollars

· Hyundai Ioniq 7- The annual valuation of Hyundai Ioniq 7 exported from South Korea in 2024–398 million US dollars

· Kia EV3- The annual valuation of Kia EV3 exported from South Korea in 2024–286 million US dollars

· GM Korea Trax EV- The annual valuation of GM Korea Trax EV exported from South Korea in 2024–178 million US dollars

TOP 10 EXPORT TRADE PARTNERS OF SOUTH KOREA IN 2024

In order to maintain a coherent relation of bilateral trade with the topmost authorities, South Korea has built up proper tariff strategies for active foreign attractions. As per the South Korea Customs Data, the top 10 export trade partners of the nation for electric vehicles traded in 2024 are,

China — The total value of electric vehicles exported from South Korea to China in 2024–1.5 billion US dollars