News / Demand for used cars in Russia drives up boxed vehicle traffic at Incheon

Photo: © Raytags | Dreamstime.com

Incheon, South Korea’s largest port for second-hand vehicle exports, has reported a surge in outgoing containerised used cars due to demand from Russia.

In the first nine months of the year, containerised exports of used cars climbed six-fold, to 290,279 units and, including those moved by car-carriers, exports were up 67% year on year, at 366,585 units.

Incheon, the main gateway into the Seoul metropolitan area, accounts for 90% of South Korea’s used car exports.

Bank of ...