New Delhi, May 20 -- South Korea's automobile exports declined in April year on year, largely due to a sharp drop in shipments to the United States following Washington's imposition of steep tariffs on foreign-made cars, reports the Korean Herald, quoting government data.

The value of outbound shipments of automobiles was down 3.8 per cent to USD 6.53 billion in April shows the data of South Korea's Ministry of Trade, Industry and Energy.

Exports to North America declined 17.8 per cent to USD 3.36 billion in April 2025, as compared with April 2024. Shipments to the US also plunged 19.6 per cent to USD 2.89 billion.

South Korea's car industry is seeing strong growth, both at home and overseas.

Exports to the European Union (EU) jumped ...