Key Market Indicators
The country ranked number 25 in 2021, the United Kingdom came ahead at $588,750,000. The United States, Germany and France respectively ranked numbers 2, 3 and 4 in this ranking. Korean exports of trucks are projected to reach $1.5 billion by 2026, a decline of 0.8% annually from 2021's $1.6 billion. Since 1993, exports have decreased by an average of 0.2% annually. The UK was the largest exporter in 2021 at $1.6 billion, followed by the US, Germany and France. Meanwhile, Korean truck imports are expected to rise 2.9% annually to $710 million in 2026 from 2021's $589 million. Since 1993, imports have decreased by an average of 1.7% annually. The UK was the largest importer in 2021 at $589 million, followed by the US, Germany and France.
