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Commercial vehicles in use in South Korea: Increase in 2017

OICA reported that compared with one year earlier commercial vehicles in use hardly grew by 1.18 percent. It highlights the all-time maximum since 2005 as the indicator barely increased from 4 481.07 thousand units to 4 533.92 thousand units, as it follows the tendency of the prior year when it rose by 1.19%. South Korea saw a raise of 6.06% in commercial vehicles in use during the last 13 years. Furthermore, it has attained a 0.01% compound annual growth rate during the last 5 years with a modest overall growth since the 2005. It averaged 4 349.42 thousand units from 2005 to 2017 and it attained its minimum of 4 275 thousand units in 2005.

Commercial vehicles in use in South Korea: Increase in 2017
Date Thousand Units Variation
2017 4 533.92 1.18
2016 4 481.07 1.19
2015 4 428.22 1.31
2014 4 370.79 1.12
2013 4 322.52 0.69
2012 4 293.00 -0.19
2011 4 301.00 -0.21
2010 4 310.00 0.21
2009 4 301.00 -0.21
2008 4 310.00 -0.42

Related Statistics

Commercial Vehicle Fleet in other Countries

Main Commercial Vehicle Indicators

  • Truck Import

  • Truck Export

  • Bus Import

  • Bus Export

  • Commercial Vehicle Registration

    Number of commercial vehicles newly (first-time) registered to authorities. Commercial vehicles are motor vehicles used for the commercial carriage of goods or passengers and include light commercial vehicles (i.e. weighting less than 3.5 to 7 tons, depending on national and professional definitions), heavy trucks, coaches and buses. Based on: International Organization of Motor Vehicle Manufacturers.

  • Commercial Vehicle Fleet

    Number of registered commercial vehicles at a given date in a country. Commercial vehicles are motor vehicles used for the commercial carriage of goods or passengers and include light commercial vehicles (i.e. weighting less than 3.5 to 7 tons, depending on national and professional definitions), heavy trucks, coaches and buses. Based on: International Organization of Motor Vehicle Manufacturers.

  • Truck Production

  • Commercial Vehicle Production

    Number of manufactured commercial vehicles, usually measured in thousands or millions of vehicles. Commercial vehicles are motor vehicles used for the commercial carriage of goods or passengers and include light commercial vehicles (i.e. weighting less than 3.5 to 7 tons, depending on national and professional definitions), heavy trucks, coaches and buses. Based on: International Organization of Motor Vehicle Manufacturers.

  • Truck Sales

  • Bus Production

  • Truck Registration

  • Truck Ownership

  • Bus Registration

  • Truck Fleet

  • Bus Fleet

  • Bus Sales