Korea Trade Data

Buses (motor vehicles for ten or more persons): South Korea exports and imports

HS 8702 · 10인 이상(운전자를 포함한다) 수송용 자동차 · latest month: October 2026

Exports, October 2026
$24.9M
+20.7% vs previous month
vs same month a year earlier
+17.0%
export value
Exports, last 12 months
$273.3M
-28.9% vs 12 months before
Imports, October 2026
$12.6M
Export value per kg
$4.43
net weight, October 2026

In October 2026, South Korea exported $24.9 million of buses (motor vehicles for ten or more persons) (HS 8702), up 20.7% from September 2026 and up 17.0% from October 2025.

Over the 12 months to October 2026, exports of buses (motor vehicles for ten or more persons) (HS 8702) totalled $273.3 million, down 28.9% from the 12 months before ($384.6 million).

The largest destination over the 12 months to October 2026 was Vietnam ($32.8 million, 12.0% of the total), followed by Peru and Chile.

That was 0.3% of South Korea's exports under HS chapter 87 (vehicles, parts and accessories) over the same 12 months.

Imports in October 2026 were $12.6 million (up 110.1% from October 2025), leaving a surplus of $12.2 million for the month.

Official description of HS 8702: Motor vehicles for the transport of ten or more persons, including the driver.

Last 24 months

Monthly exportsExport value in US dollars (FOB).
$0M$20M$40M$60MOct ’26May ’26Dec ’25Jul ’25Feb ’25November 2024: $36.4 millionDecember 2024: $37.1 millionJanuary 2025: $29.1 millionFebruary 2025: $35.2 millionMarch 2025: $41.1 millionApril 2025: $36.2 millionMay 2025: $33.8 millionJune 2025: $32.0 millionJuly 2025: $27.5 millionAugust 2025: $24.7 millionSeptember 2025: $30.4 millionOctober 2025: $21.2 millionNovember 2025: $25.0 millionDecember 2025: $31.0 millionJanuary 2026: $22.9 millionFebruary 2026: $27.5 millionMarch 2026: $21.4 millionApril 2026: $19.7 millionMay 2026: $18.5 millionJune 2026: $21.0 millionJuly 2026: $20.7 millionAugust 2026: $20.1 millionSeptember 2026: $20.6 millionOctober 2026: $24.9 million
Monthly importsImport value in US dollars (CIF).
$0M$20M$40M$60MOct ’26May ’26Dec ’25Jul ’25Feb ’25$12.6MNovember 2024: $32.1 millionDecember 2024: $48.1 millionJanuary 2025: $19.7 millionFebruary 2025: $4.9 millionMarch 2025: $14.1 millionApril 2025: $15.7 millionMay 2025: $6.2 millionJune 2025: $10.3 millionJuly 2025: $13.1 millionAugust 2025: $10.9 millionSeptember 2025: $10.0 millionOctober 2025: $6.0 millionNovember 2025: $8.0 millionDecember 2025: $15.4 millionJanuary 2026: $1.3 millionFebruary 2026: $5.0 millionMarch 2026: $6.1 millionApril 2026: $924,518May 2026: $1.1 millionJune 2026: $16.2 millionJuly 2026: $2.1 millionAugust 2026: $6.2 millionSeptember 2026: $10.4 millionOctober 2026: $12.6 million

Subheadings under HS 8702

CodeProductExports, 12 monthsSharevs 12 months beforeOctober 2026
8702.10With only compression-ignition internal combustion piston engine (diesel or semi-diesel)$247.1M 90.4%-28.5%$19.8M
8702.10.1010New$73.2M 29.6%-35.2%$5.9M
8702.10.1020Used$43.9M 17.8%-46.2%$3.4M
8702.10.2010New$94.2M 38.1%-11.4%$7.5M
8702.10.2020Used$12.5M 5.0%-7.9%$1.1M
8702.10.3010New$10.2M 4.1%-37.4%$783K
8702.10.3020Used$13.0M 5.3%-11.3%$1.1M
8702.20With both compression-ignition internal combustion piston engine (diesel or semi-diesel) and electric motor as motors fo$0 0.0%-100.0%$0
8702.30With both spark-ignition internal combustion piston engine and electric motor as motors for propulsion$6.8M 2.5%+27,110%$3.2M
8702.30.1000New$6.8M 99.9%+27,070%$3.2M
8702.30.2000Used$10K 0.1%–$0
8702.40With only electric motor for propulsion$2.5M 0.9%+130.8%$1.6M
8702.40.1000New$2.5M 100.0%+215.4%$1.6M
8702.40.2000Used$0 0.0%-100.0%$0
8702.90Other$16.9M 6.2%-55.4%$181K
8702.90.1010New$16.7M 98.8%-55.6%$171K
8702.90.1020Used$81K 0.5%+27.3%$0
8702.90.2010New$0 0.0%–$0
8702.90.2020Used$66K 0.4%-59.1%$9,614
8702.90.3010New$0 0.0%–$0
8702.90.3020Used$48K 0.3%+58.0%$0

Six-digit codes are international; the indented ten-digit codes are South Korea's own subdivision. These rows are world totals; "Share" is the share of the row above.

Top destinations

Export value over the 12 months to October 2026. 139 countries received this product from South Korea in the last 24 months; the table shows the largest 20.

RankCountryExports, 12 monthsSharevs 12 months before Rank beforeOctober 2026
1Vietnam $32.8M12.0%-18.5%1 $698K
2Peru $23.8M8.7%+44.7%6 $1.8M
3Chile $19.2M7.0%+9.1%5 $1.8M
4Ghana $12.4M4.5%+111.9%23 $2.1M
5Dominican Republic $12.3M4.5%+15.3%11 $478K
6Guatemala $11.9M4.3%+23.2%15 $1.0M
7Panama $10.4M3.8%+36.6%19 $1.9M
8Costa Rica $10.0M3.6%+12.6%16 $266K
9United Arab Emirates $9.9M3.6%-35.7%7 $1.7M
10Jordan $9.7M3.5%-62.1%2 $815K
11Cambodia $7.8M2.9%-44.4%9 $356K
12Syria $7.3M2.7%-16.2%17 $734K
13Saudi Arabia $7.3M2.7%-68.4%4 $440K
14Thailand $6.9M2.5%-70.9%3 $2.1M
15Mongolia $5.5M2.0%+2.2%24 $397K
16Oman $5.3M1.9%-18.1%20 $510K
17Angola $5.3M1.9%+453.0%43 $841K
18Colombia $4.9M1.8%+24.3%27 $0
19El Salvador $4.8M1.7%+16.1%26 $34K
20Honduras $4.7M1.7%+28.8%30 $307K

Countries are linked when exports of this product to them reached $5,000,000 over 24 months.

Monthly figures

MonthExportsvs year earlierExport weightExport $/kg ImportsImport weight
October 2026$24.9M+17.0%5,604 t $4.43$12.6M1,017 t
September 2026$20.6M-32.2%5,152 t $4.00$10.4M804 t
August 2026$20.1M-18.6%4,534 t $4.43$6.2M640 t
July 2026$20.7M-24.6%6,026 t $3.44$2.1M203 t
June 2026$21.0M-34.4%5,596 t $3.75$16.2M1,251 t
May 2026$18.5M-45.2%4,636 t $4.00$1.1M113 t
April 2026$19.7M-45.5%6,352 t $3.10$925K91.0 t
March 2026$21.4M-47.8%6,215 t $3.45$6.1M467 t
February 2026$27.5M-21.7%6,334 t $4.35$5.0M253 t
January 2026$22.9M-21.3%5,171 t $4.42$1.3M133 t
December 2025$31.0M-16.6%7,206 t $4.30$15.4M1,328 t
November 2025$25.0M-31.3%5,838 t $4.28$8.0M815 t
October 2025$21.2M-38.4%5,763 t $3.69$6.0M537 t
September 2025$30.4M-18.8%6,393 t $4.75$10.0M837 t
August 2025$24.7M-18.3%5,242 t $4.70$10.9M878 t
July 2025$27.5M-34.6%8,415 t $3.26$13.1M1,157 t
June 2025$32.0M-10.5%7,145 t $4.48$10.3M896 t
May 2025$33.8M-8.0%8,301 t $4.07$6.2M505 t
April 2025$36.2M+13.6%10,513 t $3.44$15.7M1,271 t
March 2025$41.1M+29.8%10,902 t $3.77$14.1M1,220 t
February 2025$35.2M-16.7%9,662 t $3.64$4.9M372 t
January 2025$29.1M-16.8%8,424 t $3.45$19.7M1,544 t
December 2024$37.1M+53.8%9,887 t $3.76$48.1M3,786 t
November 2024$36.4M-4.5%7,823 t $4.65$32.1M2,621 t

Exports FOB, imports CIF, US dollars. Weight is net weight. "vs year earlier" compares export value with the same month one year before and is left blank when that month was under $10,000. Source: Korea Customs Service, via data.go.kr.