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Libya becomes top importer of Korean used cars

The Address | Benghazi – Libya

SEOUL – Korean exports of used cars jumped 43 percent in the first quarter of this year compared to the figure a year earlier, with Libya becoming the largest importer, data showed Sunday.

According to the Korea International Trade Association (KITA), Korea shipped 59,000 units of pre-owned cars to Libya from January to March, or 55 percent of its entire used-car export volume.

The volume of 107,321 units is the second-highest quarterly shipment number. The current record was set in the second quarter of 2012, when the figure reached 107,573 units.

Other major importers of used cars from Korea were Cambodia, followed by Ghana, Chile and Jordan, according to KITA. These four countries each imported about 4,000 second-hand cars from Korea in the January-March period.

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