1. Overseas industrial trends

The global automobile and related parts market is being restructured around electric vehicles (EVs), and increased protectionism and supply chain restructuring in the US and Europe are significantly impacting Korean exports. Korea's automobile and parts exports remain a key industry, maintaining a share of approximately 10-15% .

 

2. Major export items (based on intermediate classification HS)

Korea's exports are complex, encompassing finished vehicles, parts, and electric vehicle modules, and are particularly dominated by high value-added parts and eco-friendly vehicle components.

division

HS code examples

Representative items

Strategy Points

finished vehicleHS87.11~87.14Passenger cars, SUVs, EVsBrand and global market competitiveness
auto partsHS87.08~87.09Engine, transmission, and chassis partsSupply chain stability
Electric vehicle modules and battery systemsHS85.11, HS87.14 variantsMotor/battery packDirectly related to demand for eco-friendly vehicles
Automotive electrical and ADAS componentsHS85.42, HS85.43, etc.Sensors, ECUs, and power semiconductorsFocus on high value-added technology
3. Major exporting countries (size and characteristics by country)

Korean automobile and parts exports are centered on North America and Europe, but are expanding into emerging markets such as Southeast Asia and India.

Country/Region

Strong items

Market characteristics

Implications

USACompleted vehicles, SUVs, and EVsHigh safety regulations and tariff burdenNeed to secure high value-added technology
Europe/UKPassenger cars, electric vehicles, and partsRequirement for eco-friendly and safety certificationCE and emission regulations compliance
Southeast Asia/IndiaParts and CKD exportsExpanding manufacturing hubPricing and localization strategies are important.
Middle East/AfricaCompleted automobiles and commercial vehiclesIncreased demand for roads and infrastructureDurability and service network competitiveness
chinaEV parts and modulesIntensifying competition and trade risksDifferentiation technology is essential
4. Production volume / exportable volume

The automobile industry is based on units, and the exportable volume varies depending on production, logistics, and demand fluctuations.

item

Number/estimate

unit

note

Completed vehicle exports (2024)Approximately 2,782,639 unitsbigExport share: approximately 67% Asian Automotive Analysis (AAA)+1
Annual exports (2024)approximately USD 70.8 billionUSDKorea.net+1: Consecutive sales surpass $7 billion
Share of major component exportsEstimated at about 10-15%—Increasing trend in parts export value
5. Quality standards

International quality and standards, including safety, emissions, and electric vehicle standards, are essential for exporting automobiles and related parts.

field

Main specifications

note

Safety/Vehicle StructureUNECE R Regulation, FMVSSConditions for entering the North American and European markets
Exhaust gas and fuel efficiencyEuro 6d, EPA Tier3Focus on eco-friendly vehicles
electric vehicle batteriesUN 38.3, IEC 62133Lithium Battery Transportation and Safety Standards
Parts qualityIATF 16949, ISO 9001Ensuring supply chain quality
6. Authentication

You can reduce risk by accurately understanding and responding to the certification system required by each export destination country.

division

Certification name

Applicable area

Vehicle Safety and EmissionsEPA·DOE, UNECE CertificationUS/Europe
Electric vehicles and batteriesUL 2580, IEC 62660Global
Parts qualityIATF 16949, ISO 14001Global
Eco-friendly materialsISO 14064, Carbon FootprintEU-centric
7. Logistics conditions

Logistics conditions are very important for both finished vehicles and parts, and shipping, packaging, and delivery times are competitive factors.

Product group

means of transportation

Average lead time

Key Risks

finished vehicleRo-Ro ships or containers25~35 daysCustoms duties, shipping delays, and exchange rate fluctuations
partAir-sea combined transport7~30 daysInventory and supply chain risks
Battery/ModuleSpecial cargo reefer transport10~40 daysTemperature control, fire, and regulatory response
8. Minimum Order Quantity (MOQ)

Clarifying transaction units optimizes contract, logistics, and packaging costs, and improves supply chain operations.

Product group

MOQ

unit

note

finished vehicle1 ship or container unitUnitsBulk shipment structure
part1 Pallet or CTN unitDog (Units)Preparing for mass production transition
Battery/Module1×40' FCL or production unitsetCertification and inspection time required
9. Data Deepening

It provides quantitative indicators such as export unit prices, seasonal patterns, tariff risks, and ESG, which are useful for forecasting and strategy development.

cord

item

example

conjugation

(A)Unit price/transaction price rangeAverage unit price of finished vehicles: USD 25,000 or moreMargin Analysis
(B)Seasonal patternsNorth American SUV Q3 peak seasonProduction and inventory planning
(C)Tariff and non-tariff risksUS High Tariff Threat Case Study: Reuters+1Market diversification is needed
(D)Domestic alternative industry dataParts localization rate and supply ratioSupply chain stability
(E)ESG·Net ZeroEV share growth rate trendEco-friendly brand competitiveness
(F)Country-specific risk indexUS market risk index estimated at 0.30portfolio diversification
(G)List of major buyersGlobal OEM and parts manufacturersEstablishing a sales strategy
10. Export Forecast Loop

We forecast export trends for the next three months, reflecting recent global protectionism, exchange rate fluctuations, and the shift to electric vehicles.

segment

ΔExport(%)

ΔPrice(%)

ΔCountryShare(pp)

TrustIndex(0–1)

3M Forecast

finished vehicle-2.5%-1.0%−0.3pp0.68US tariff risks and the need to expand into emerging markets
part+1.8%+0.5%+0.2pp0.74Strong demand for EVs and modules
electric vehicle module+3.2%+1.2%+0.4pp0.79Eco-friendly car strategy glass