Japanese car sales in South Korea surge 31% as bilateral relations improve and the yen weakens.

Japanese products, including cars, beer, and clothing, are becoming more popular in South Korea as bilateral relations improve and the yen weakens. In August, Japanese car sales surged by 31% compared to last year. South Korean President Yoon Suk Yeol has prioritized mending ties with Japan, contributing to a 40% rise in Korean travelers to Japan in 2023. Imports of Japanese beer and whisky also increased significantly during the first half of the year.

September 06, 2024
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