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Jordan Remains Top Importer of S. Korean Used Cars
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South Korean exports of used vehicles jumped 20 percent in 2011 from a year earlier, with Jordan remaining the largest importer for the fourth consecutive year, a local trade agency said Tuesday.

According to the Korea Trade-Investment Promotion Agency (KOTRA), South Korea shipped 92,450 units of pre-owned automobiles to Jordan last year, or 30 percent of its entire used-car export volume of 289,161 units.

Two the most popular cars among the Jordanian middle class are the Avante and the Accent, subcompact cars both manufactured by South Korea's largest automaker Hyundai Motor Co., it said.

KOTRA estimated that South Korean automakers claim about 60 percent of the Jordanian automobile market.

Other major importers of used cars from South Korea were Russia with 29,753 units, followed by Mongolia with 20,835 units, according to KOTRA.

Source Text


Source: Yonhap News (Mar. 20, 2012)

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