Car Exports by Country

Car Exports by Country

Japanese sports car

Global car exports by country were valued at US$740.1 billion for 2017. Cars represent the world’s number one export product by value in recent years, surpassing crude petroleum revenues handicapped by lower oil prices.

The $740.1 billion in total international car exports for 2017 represents a 9.2% appreciation since 2013 and a 5.6% uptick compared to the $700.7 billion spent worldwide during 2016.

Among continents, European countries accounted for the highest dollar value worth of car exports during 2017 with shipments amounting to $405.4 billion or 54.8% of international car sales. In second place was Asia at 23.6% followed by North American automobile exporters at 19.1%.

Smaller percentages of overall car exports came from Africa (1.2%), Latin American excluding Mexico but including the Caribbean (also 1.2%) and Oceania (0.1%) led by Australia.

The 4-digit Harmonized Tariff System code prefix for cars is 8703.

Car Exports by Country

Countries

Below are the 15 countries that exported the highest dollar value worth of cars in 2017:

  1. Germany: US$157.4 billion (21.3% of total car exports)
  2. Japan: $93.4 billion (12.6%)
  3. United States: $53.6 billion (7.2%)
  4. Canada: $46.4 billion (6.3%)
  5. United Kingdom: $41.9 billion (5.7%)
  6. Mexico: $41.7 billion (5.6%)
  7. South Korea: $38.8 billion (5.2%)
  8. Spain: $35.8 billion (4.8%)
  9. Belgium: $33.1 billion (4.5%)
  10. France: $22.1 billion (3%)
  11. Czech Republic: $21.5 billion (2.9%)
  12. Italy: $18 billion (2.4%)
  13. Slovakia: $16.4 billion (2.2%)
  14. Turkey: $11.8 billion (1.6%)
  15. Thailand: $10.9 billion (1.5%)

The listed 15 exporters accounted for 86.8% of global car exports by country during 2017.

Among the above countries, the fastest-growing car exporters since 2013 were Italy (up 79.8%), Turkey (up 72.3%), Thailand (up 64.1%) and Czech Republic (up 40.2%).

Two countries posted declines in their exported car sales, namely South Korea (down -12.3%) and the United States (down -6.5%).

Advantages

The following countries posted the highest positive net exports involving international car sales for 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s car exports and its import purchases for that same commodity.

  1. Germany: US$98.9 billion (net export surplus down -8.0% since 2013)
  2. Japan: $82.3 billion (up 1.5%)
  3. Mexico: $30.2 billion (up 26.1%)
  4. South Korea: $29.2 billion (down -24.7%)
  5. Canada: $17.7 billion (down -6%)
  6. Czech Republic: $16.7 billion (up 30.7%)
  7. Spain: $15.6 billion (down -12.5%)
  8. Slovakia: $13.4 billion (up 5.4%)
  9. Thailand: $10.1 billion (up 91.1%)
  10. Hungary: $5.4 billion (up 31%)
  11. India: $4.9 billion (down -7.8%)
  12. Brazil: $3.7 billion (reversing a -$3.6 billion deficit)
  13. Turkey: $3.2 billion (reversing a -$2.3 billion deficit)
  14. Indonesia: $2 billion (reversing a -$115.2 million deficit)
  15. South Africa: $1.7 billion (reversing a -$1.8 billion deficit)

Germany has the highest surplus in the international trade of cars. In turn, this positive cashflow confirms Germany’s strong competitive advantage for this specific product category.

Opportunities

The following countries posted the highest negative net exports for cars during 2017. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s car import purchases and its exports for that same commodity.

  1. United States: US-$126 billion (net export deficit up 28.3% since 2013)
  2. China: -$42.8 billion (down -0.2%)
  3. Australia: -$16.8 billion (up 6%)
  4. Italy: -$13.2 billion (up 29.3%)
  5. France: -$12.6 billion (up 13.4%)
  6. Switzerland: -$10 billion (up 1.2%)
  7. United Arab Emirates: -$9.1 billion (up 8.1%)
  8. Saudi Arabia: -$8.3 billion (down -45.8%)
  9. Norway: -$6.3 billion (up 11.3%)
  10. Russia: -$5.4 billion (down -65.3%)
  11. Austria: -$5.2 billion (up 17.4%)
  12. Argentina: -$4.8 billion (up 61.7%)
  13. Philippines: -$4.5 billion (up 169.9%)
  14. Taiwan: -$4.3 billion (up 112.4%)
  15. Chile: -$4 billion (down -1.2%)

The United States incurred the highest deficit in the international trade of cars far ahead of second-place China. In turn, this negative cashflow highlights the America’s strong competitive disadvantage for this specific product category but also signals opportunities for car-supplying countries that help satisfy the powerful demand that U.S. drivers represent.

Companies

Car Exporting Companies

According to Forbes Global 2000 rankings, the following car and truck producing companies are among the top 100 largest companies in the world:

  • Toyota Motor (Japan)
  • Volkswagen Group (Germany)
  • Daimler (Germany)
  • Ford Motor (United States)
  • BMW Group (Germany)
  • General Motors (United States)
  • Honda Motor (Japan)
  • Hyundai Motor (South Korea)
  • Nissan Motor (Japan)
  • SAIC Motor (China)

The above corporations are presented in the same order as they appear in the Forbes listing.



 

Searchable List of Car Exporting Countries

You can change the presentation order by clicking the triangle icon at the top of any of the columns below.

RankExporter2017 Car Exports% World Total
1.GermanyUS$157.4 billion21.3%
2.Japan$93.4 billion12.6%
3.United States$53.6 billion7.2%
4.Canada$46.4 billion6.3%
5.United Kingdom$41.9 billion5.7%
6.Mexico$41.7 billion5.6%
7.South Korea$38.8 billion5.2%
8.Spain$35.8 billion4.8%
9.Belgium$33.1 billion4.5%
10.France$22.1 billion3%
11.Czech Republic$21.5 billion2.9%
12.Italy$18 billion2.4%
13.Slovakia$16.4 billion2.2%
14.Turkey$11.8 billion1.6%
15.Thailand$10.9 billion1.5%
16.Netherlands$9.3 billion1.3%
17.Sweden$9 billion1.2%
18.Hungary$8.7 billion1.2%
19.Poland$7.5 billion1%
20.China$7.2 billion1%
21.Brazil$6.7 billion0.9%
22.South Africa$5.7 billion0.8%
23.India$5 billion0.7%
24.Slovenia$5 billion0.7%
25.Austria$4.9 billion0.7%
26.Romania$3.4 billion0.5%
27.Morocco$3.2 billion0.4%
28.Indonesia$3.1 billion0.4%
29.Finland$2.7 billion0.4%
30.Portugal$2.4 billion0.3%
31.Argentina$1.5 billion0.2%
32.Russia$1.3 billion0.2%
33.Saudi Arabia$1.2 billion0.2%
34.Serbia$1.1 billion0.1%
35.Denmark$1 billion0.1%
36.Australia$732.6 million0.1%
37.Taiwan$715.1 million0.1%
38.Kuwait$615.3 million0.1%
39.Hong Kong$591.2 million0.1%
40.Luxembourg$589.6 million0.1%
41.Switzerland$522.8 million0.1%
42.Colombia$381.3 million0.1%
43.Estonia$362.6 million0.05%
44.Bulgaria$330.4 million0.04%
45.Lithuania$318.7 million0.04%
46.Latvia$266.1 million0.04%
47.Croatia$246.2 million0.03%
48.Singapore$244.8 million0.03%
49.Malaysia$240.7 million0.03%
50.Georgia$234.9 million0.03%
51.Chile$225.7 million0.03%
52.United Arab Emirates$144.7 million0.02%
53.Uzbekistan$118.7 million0.02%
54.Jordan$58.2 million0.01%
55.Norway$57.2 million0.01%
56.Belarus$51.6 million0.01%
57.Gibraltar$47.3 million0.01%
58.Uruguay$31.3 million0.004%
59.Greece$30.3 million0.004%
60.Montenegro$29.9 million0.004%
61.Kazakhstan$27.9 million0.004%
62.Ireland$23.8 million0.003%
63.Vietnam$18.8 million0.003%
64.Moldova$16.5 million0.002%
65.Uganda$15.6 million0.002%
66.New Zealand$14.2 million0.002%
67.Macao$13.2 million0.002%
68.Cyprus$11.6 million0.002%
69.Israel$10.3 million0.001%
70.Malta$10.3 million0.001%
71.Andorra$9.1 million0.001%
72.Guatemala$7.6 million0.001%
73.Sri Lanka$7.4 million0.001%
74.Philippines$7.1 million0.001%
75.Qatar$6.1 million0.001%
76.Ukraine$5.6 million0.001%
77.North Korea$4.5 million0.001%
78.Panama$4.1 million0.001%
79.Bosnia/Herzegovina$3.2 million0.0004%
80.Sierra Leone$3.2 million0.0004%
81.Iran$3 million0.0004%
82.Bahrain$3 million0.0004%
83.El Salvador$2.5 million0.0003%
84.Central African Rep$2.3 million0.0003%
85.Togo$2 million0.0003%
86.Armenia$2 million0.0003%
87.Benin$2 million0.0003%
88.Iceland$1.9 million0.0003%
89.Zambia$1.9 million0.0003%
90.Kyrgyzstan$1.8 million0.0002%
91.Namibia$1.8 million0.0002%
92.Angola$1.7 million0.0002%
93.Barbados$1.4 million0.0002%
94.Lebanon$1.4 million0.0002%
95.Swaziland$1.4 million0.0002%
96.Macedonia$1.4 million0.0002%
97.Pakistan$1.3 million0.0002%
98.Venezuela$1.2 million0.0002%
99.Libya$1.2 million0.0002%
100.Albania$1.1 million0.0002%
101.Malawi$1 million0.0001%
102.Afghanistan$1 million0.0001%
103.Egypt$1 million0.0001%
104.Tunisia$985,0000.0001%
105.Costa Rica$901,0000.0001%
106.Dominican Rep$892,0000.0001%
107.Madagascar$849,0000.0001%
108.Senegal$791,0000.0001%
109.Jamaica$769,0000.0001%
110.Botswana$765,0000.0001%
111.Azerbaijan$756,0000.0001%
112.Haiti$694,0000.0001%
113.Mozambique$629,0000.0001%
114.Mali$579,0000.0001%
115.Cameroon$559,0000.0001%
116.Kenya$555,0000.0001%
117.Sudan$555,0000.0001%
118.Grenada$549,0000.0001%
119.Antigua/Barbuda$496,0000.0001%
120.Ecuador$465,0000.0001%
121.Honduras$443,0000.0001%
122.Ghana$429,0000.0001%
123.Nicaragua$404,0000.0001%
124.Belize$386,0000.0001%
125.Suriname$382,0000.0001%
126.Congo$370,0000.00005%
127.New Caledonia$368,0000.00005%
128.Tajikistan$365,0000.00005%
129.Myanmar (Burma)$353,0000.00005%
130.Cayman Islands$330,0000.00004%
131.Curaçao$317,0000.00004%
132.Zimbabwe$295,0000.00004%
133.Tanzania$273,0000.00004%
134.Equatorial Guinea$246,0000.00003%
135.Paraguay$227,0000.00003%
136.Peru$221,0000.00003%
137.Brunei Darussalam$214,0000.00003%
138.Niger$198,0000.00003%
139.Turkmenistan$194,0000.00003%
140.Gabon$186,0000.00003%
141.Lesotho$185,0000.00002%
142.Djibouti$179,0000.00002%
143.Guyana$140,0000.00002%
144.Mauritius$128,0000.00002%
145.Burkina Faso$108,0000.00001%
146.Mongolia$94,0000.00001%
147.Côte d'Ivoire$91,0000.00001%
148.Democ. Rep. Congo$88,0000.00001%
149.Faroe Islands$83,0000.00001%
150.Iraq$83,0000.00001%
151.Cuba$82,0000.00001%
152.Cabo Verde$82,0000.00001%
153.Guinea$78,0000.00001%
154.Saint Lucia$76,0000.00001%
155.Nepal$73,0000.00001%
156.Cambodia$70,0000.00001%
157.Fiji$68,0000.00001%
158.Rwanda$66,0000.00001%
159.US Minor Outlying Is$64,0000.00001%
160.British Virgin Islands$64,0000.00001%
161.Bahamas$63,0000.00001%
162.Trinidad/Tobago$62,0000.00001%
163.Montserrat$55,0000.00001%
164.Liberia$54,0000.00001%
165.Vanuatu$51,0000.00001%
166.Aruba$49,0000.00001%
167.Samoa$48,0000.00001%
168.Yemen$46,0000.00001%
169.Syrian Arab Republic$40,0000.00001%
170.Seychelles$40,0000.00001%
171.Bangladesh$36,0000.000005%
172.Bolivia$35,0000.000005%
173.St Maarten$30,0000.000004%
174.Norfolk Island$26,0000.000004%
175.Somalia$26,0000.000004%
176.Timor-Leste$21,0000.000003%
177.French Polynesia$21,0000.000003%
178.Laos$20,0000.000003%
179.Tokelau$19,0000.000003%
180.Papua New Guinea$17,0000.000002%
181.Pitcairn$15,0000.000002%
182.Bermuda$15,0000.000002%
183.Dominica$14,0000.000002%
184.Turks/Caicos Is$13,0000.000002%
185.Bhutan$8,0000.000001%
186.Saint Helena$7,0000.000001%
187.Guinea-Bissau$6,0000.000001%
188.Solomon Islands$6,0000.000001%
189.Burundi$6,0000.000001%
190.Greenland$6,0000.000001%
191.Gambia$4,0000.000001%
192.Tonga$4,0000.000001%
193.Wallis/Futuna Is$2,0000.0000003%
194.Maldives$2,0000.0000003%
195.American Samoa$2,0000.0000003%
196.French S./Antartic Terr$2,0000.0000003%
197.Chad$2,0000.0000003%
198.Br. Indian Ocean Terr$1,0000.0000001%


See also US Imported Cars by Supplier Countries, Germany’s Top 10 Exports, Germany’s Top Trading Partners and Cars Imports by Country

Research Sources:
Forbes 2015 Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 16, 2018

Investopedia, Net Exports Definition. Accessed on May 16, 2018

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on May 16, 2018

Trade Map, International Trade Centre. Accessed on May 16, 2018