A small four-door sedan nicknamed the "Daewoo Racer" is being exported to Czechoslovakia, the first Korean-made automobile to be sold to a East European country, officials said Monday.

Daewoo Motor Co. said the first 494 of 3,000 cars to be exported will be shipped aboard a Soviet Union carrier to the eastern Soviet port of Vostochniy and then to Czechoslovakia via the trans-Siberian railway.The car trade is part of a barter agreement under which Czechoslovakia will pay for the cars and other goods, including electronics, with crude oil from Libya, a spokesman for the company said.