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Dominican Republic Becomes S. Korea's 2nd Largest Used Car Export Market

Written: 2017-10-06 14:46:32Updated: 2017-10-06 14:56:49

Dominican Republic Becomes S. Korea's 2nd Largest Used Car Export Market

The Dominican Republic has apparently become the world's second largest market for used Korean cars.

The Korea International Trade Association and various industry sources said Friday more than 14-thousand second-hand Korean cars were shipped to the Caribbean nation between January and July.

Only Libya had a higher demand, with importing about nearly forty-one thousand Korean used cars during the same period.

Shipments to the Dominican Republic have been on an upward trend in recent years, growing from just under six-thousand cars in 2014 to nearly 23-thousand last year.

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