US to Korea

Honda is considering to import vehicles from the US to Korea. A formal announcement on the matter has not been made but the Japanese automaker confirmed that it is evaluating the move. Honda's decision to import vehicles to Korea from the States would combat the rising strength of the yen which has made Japanese goods less cost-competitive and profitable. With the KORUS FTA, the Free Trade Agreement between the States and Korea in sight, Honda intends to make full use of the reduced tariffs coming out of the agreement. 

Honda's Accord sold in South Korea is already sourced from the States but models such as the CR-V, CR-Z, Insight and Civic come from Japan. Part of Honda's move can also be blamed on the Japanese earthquake which has caused tremendous industry losses for Honda and vehicle market share in Korea.