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Auto Parts

Korea is the world's fifth-largest auto parts manufacturer, following China, Japan, the United States and Germany. Korean auto parts have maintained a minimum five percent share of the global automotive market since 2010.

Global Ranking of Korean Auto Parts Makers (2015)

World's fifth-largest
auto parts
industry

Five global top 100 companies

  • 6thhyundai MOBIS
  • 32ndhyundai WIA
  • 45thMANDO
  • 54thhyundai POWERTHCH
  • 71sthyundai DYMOS

*Source: Automotive News

Korean Auto Parts Export and Import Trends (1997-2015)

Domestic finished-automobile manufacturers are becoming better known in the global market with
increase in domestic sales and overseas production.

Status of Korea’s automobile manufacturers (2014)
  Number of employees (People) Domestic output (in 1,000s) Overseas output (in 1,000s) Exports (in 1,000s) Domestic sales (in 1,000s) Revenue (USD 1 billion)
Hyundai 64,956 1,876 3,076 1,195 685 89.3
Kia 34,112 1,712 1,337 1,227 465 47.1
Chevrolet 15,224 629   477 154 12.9
Smotor 4,831 140   71 69 3.3
Renault, Samsung 4,385 152   90 80 3.9

*Source: Korea International Trade Association (KITA)