Car Exports by Country

Car Exports by Country

Japanese sports car

Total global car exports by country were valued at US$744.7 billion for 2018. Cars represent the world’s number three exported product by value, trailing both exports of crude oil and refined petroleum oils.

The $744.7 billion in total international car exports for 2018 represents a 5.1% increase since 2014 but a -0.7% slowdown compared to the $749.7 billion spent worldwide during 2017.

Among continents, European countries generated the highest dollar value worth of car exports during 2018 with shipments amounting to $402.7 billion or 54.1% of overall international car sales. In second place was Asia at 24.6% followed by North American automobile exporters at 19%.

Smaller percentages of overall car exports came from Africa (1.3%), Latin America (0.9%) excluding Mexico but including the Caribbean then Oceania (0.04%) 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 2018.

  1. Germany: US$154.7 billion (20.8% of total cars exports)
  2. Japan: $99.1 billion (13.3%)
  3. United States: $51.4 billion (6.9%)
  4. Mexico: $49.4 billion (6.6%)
  5. United Kingdom: $42 billion (5.6%)
  6. Canada: $41 billion (5.5%)
  7. South Korea: $38.2 billion (5.1%)
  8. Spain: $35.5 billion (4.8%)
  9. Belgium: $34.2 billion (4.6%)
  10. France: $25.2 billion (3.4%)
  11. Slovakia: $22 billion (3%)
  12. Italy: $16.9 billion (2.3%)
  13. Turkey: $12.4 billion (1.7%)
  14. Sweden: $11.6 billion (1.6%)
  15. Thailand: $11.1 billion (1.5%)

The listed 15 countries shipped 86.6% of global cars exports in 2018 by value.

Among the above countries, the fastest-growing cars exporters since 2014 were: Sweden (up 135.5%), Turkey (up 71.5%), Thailand (up 70%) and Mexico (up 52.5%).

Five countries posted declines in their exported cars sales namely: United States (down -16.6%), South Korea (down -14.7%), Canada (down -8.6%), Germany (down -3.5%) and United Kingdom (down -0.9%).

Advantages

The following countries posted the highest positive net exports involving international car sales for 2018. 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$93.2 billion (net export surplus down -18.1% since 2014)
  2. Japan: $86.9 billion (up 11.3%)
  3. Mexico: $38.8 billion (up 62.9%)
  4. South Korea: $27 billion (down -26.4%)
  5. Slovakia: $19 billion (up 51.5%)
  6. Spain: $13.2 billion (down -21.5%)
  7. Canada: $11.1 billion (down -38%)
  8. Thailand: $9.9 billion (up 88.3%)
  9. India: $6.9 billion (up 24.1%)
  10. Turkey: $6.5 billion (reversing a -$465 million deficit)
  11. Hungary: $5.5 billion (down -14.6%)
  12. Sweden: $2.93 billion (reversing a -$3.1 billion deficit)
  13. Romania: $2.87 billion (up 13.4%)
  14. Indonesia: $2.21 billion (up 90.3%)
  15. South Africa: $2.17 billion (reversing a -$335.5 million 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 2018. 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$127.1 billion (net export deficit up 34.2% since 2014)
  2. China: -$41 billion (down -25.7%)
  3. Australia: -$16.5 billion (up 15.5%)
  4. Italy: -$15.5 billion (up 37.9%)
  5. France: -$13 billion (up 10.5%)
  6. Switzerland: -$9.9 billion (down -2.1%)
  7. United Arab Emirates: -$9.7 billion (up 60.5%)
  8. Saudi Arabia: -$7.5 billion (down -50.5%)
  9. Norway: -$6.2 billion (up 13.5%)
  10. Russia: -$6 billion (down -48.8%)
  11. Taiwan: -$5 billion (up 110.9%)
  12. Chile: -$4.8 billion (up 41.7%)
  13. Israel: -$4.5 billion (up 12.1%)
  14. Belgium: -$4.4 billion (reversing a $2.4 billion surplus)
  15. Netherlands: -$4 billion (down -35.9%)

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.

RankExporter2018 Car Exports%World Total
1.Germany$154.7 billion20.8%
2.Japan$99.1 billion13.3%
3.United States$51.4 billion6.9%
4.Mexico$49.4 billion6.6%
5.United Kingdom$42 billion5.6%
6.Canada$41 billion5.5%
7.South Korea$38.2 billion5.1%
8.Spain$35.5 billion4.8%
9.Belgium$34.2 billion4.6%
10.France$25.2 billion3.4%
11.Slovakia$22 billion3%
12.Italy$16.9 billion2.3%
13.Turkey$12.4 billion1.7%
14.Sweden$11.6 billion1.6%
15.Thailand$11.1 billion1.5%
16.Netherlands$9.8 billion1.3%
17.Hungary$9.2 billion1.2%
18.China$8.6 billion1.2%
19.Poland$7.3 billion1%
20.India$7.2 billion1%
21.Austria$6.8 billion0.9%
22.South Africa$6.1 billion0.8%
23.Slovenia$5.9 billion0.8%
24.Romania$5.5 billion0.7%
25.Brazil$5.1 billion0.7%
26.Portugal$4.1 billion0.5%
27.Finland$3.6 billion0.5%
28.Morocco$3.6 billion0.5%
29.Indonesia$3.3 billion0.4%
30.Czech Republic$2.1 billion0.3%
31.Russia$1.3 billion0.2%
32.Argentina$1.2 billion0.2%
33.Denmark$1.1 billion0.1%
34.Serbia$896.1 million0.1%
35.Switzerland$629.8 million0.1%
36.Hong Kong$602.2 million0.1%
37.Luxembourg$582.8 million0.1%
38.Taiwan$558.6 million0.1%
39.Estonia$463.6 million0.1%
40.Colombia$424.8 million0.1%
41.Malaysia$416.9 million0.1%
42.Georgia$408.9 million0.1%
43.Lithuania$386.2 million0.1%
44.Singapore$335.3 million0.05%
45.Latvia$300.9 million0.04%
46.United Arab Emirates$291.8 million0.04%
47.Croatia$288.4 million0.04%
48.Bulgaria$285.9 million0.04%
49.Australia$247.1 million0.03%
50.Lebanon$243.1 million0.03%
51.Chile$198.5 million0.03%
52.Belarus$128.1 million0.02%
53.Gibraltar$58.8 million0.01%
54.New Zealand$52.4 million0.01%
55.Norway$41.7 million0.01%
56.Greece$37.6 million0.01%
57.Jordan$34.7 million0.005%
58.Ireland$30.5 million0.004%
59.Vietnam$28.4 million0.004%
60.Montenegro$26.9 million0.004%
61.Uzbekistan$25.4 million0.003%
62.Uruguay$25.2 million0.003%
63.Kazakhstan$20.3 million0.003%
64.Uganda$19.2 million0.003%
65.Armenia$17.8 million0.002%
66.Israel$15.2 million0.002%
67.Ukraine$12.8 million0.002%
68.Macao$11.9 million0.002%
69.Andorra$10.5 million0.001%
70.Philippines$8.8 million0.001%
71.Qatar$7.9 million0.001%
72.Albania$6.8 million0.001%
73.Bahrain$6.5 million0.001%
74.Egypt$6.3 million0.001%
75.Tajikistan$6.2 million0.001%
76.Kuwait$6.2 million0.001%
77.Saudi Arabia$5.9 million0.001%
78.Oman$5.9 million0.001%
79.Nicaragua$5.5 million0.001%
80.Bosnia/Herzegovina$5.4 million0.001%
81.Panama$4.9 million0.001%
82.Peru$4.9 million0.001%
83.Cyprus$4.8 million0.001%
84.Costa Rica$4.5 million0.001%
85.Tanzania$4.4 million0.001%
86.Guatemala$4.2 million0.001%
87.Botswana$3.9 million0.001%
88.Sierra Leone$3.6 million0.0005%
89.Moldova$3.1 million0.0004%
90.Iran$3 million0.0004%
91.Burkina Faso$2.8 million0.0004%
92.Côte d'Ivoire$2.5 million0.0003%
93.Malta$2.5 million0.0003%
94.Brunei Darussalam$2.1 million0.0003%
95.Eswatini$2 million0.0003%
96.North Korea$1.9 million0.0003%
97.Namibia$1.8 million0.0002%
98.Senegal$1.8 million0.0002%
99.Togo$1.8 million0.0002%
100.Zambia$1.7 million0.0002%
101.Venezuela$1.4 million0.0002%
102.Kyrgyzstan$1.4 million0.0002%
103.El Salvador$1.2 million0.0002%
104.Barbados$1.1 million0.0001%
105.Fiji$1.1 million0.0001%
106.Iceland$1 million0.0001%
107.Benin$1 million0.0001%
108.Tunisia$948,0000.0001%
109.Niger$908,0000.0001%
110.Curaçao$901,0000.0001%
111.Mauritius$837,0000.0001%
112.Mozambique$761,0000.0001%
113.North Macedonia$761,0000.0001%
114.Zimbabwe$760,0000.0001%
115.Azerbaijan$689,0000.0001%
116.Mali$620,0000.0001%
117.Liberia$612,0000.0001%
118.Madagascar$605,0000.0001%
119.Pakistan$605,0000.0001%
120.Honduras$514,0000.0001%
121.Angola$511,0000.0001%
122.Guyana$502,0000.0001%
123.Equatorial Guinea$484,0000.0001%
124.Algeria$472,0000.0001%
125.Bahamas$450,0000.0001%
126.Libya$446,0000.0001%
127.Haiti$418,0000.0001%
128.Suriname$388,0000.0001%
129.Gabon$385,0000.0001%
130.US Minor Outlying Is$369,0000.00005%
131.Congo$361,0000.00005%
132.Turkmenistan$355,0000.00005%
133.Ghana$343,0000.00005%
134.Paraguay$341,0000.00005%
135.New Caledonia$331,0000.00004%
136.Dominican Republic$331,0000.00004%
137.Marshall Islands$314,0000.00004%
138.Iraq$286,0000.00004%
139.Cuba$268,0000.00004%
140.Jamaica$265,0000.00004%
141.Kenya$264,0000.00004%
142.Faroe Islands$251,0000.00003%
143.Sudan$246,0000.00003%
144.British Virgin Islands$224,0000.00003%
145.Belize$221,0000.00003%
146.Antigua/Barbuda$220,0000.00003%
147.Cambodia$178,0000.00002%
148.Djibouti$165,0000.00002%
149.Trinidad/Tobago$160,0000.00002%
150.Solomon Islands$157,0000.00002%
151.Malawi$149,0000.00002%
152.Ethiopia$141,0000.00002%
153.Lesotho$139,0000.00002%
154.Anguilla$137,0000.00002%
155.Aruba$130,0000.00002%
156.Sri Lanka$119,0000.00002%
157.Seychelles$97,0000.00001%
158.Nepal$93,0000.00001%
159.Afghanistan$82,0000.00001%
160.Bangladesh$81,0000.00001%
161.French Polynesia$80,0000.00001%
162.Turks/Caicos Islands$77,0000.00001%
163.Somalia$76,0000.00001%
164.Guinea-Bissau$76,0000.00001%
165.Saint Helena$76,0000.00001%
166.St Maarten (Dutch)$76,0000.00001%
167.Myanmar (Burma)$73,0000.00001%
168.Guinea$67,0000.00001%
169.Grenada$64,0000.00001%
170.Papua New Guinea$64,0000.00001%
171.Democr. Rep. Congo$55,0000.00001%
172.Br. Indian Ocean Terr$53,0000.00001%
173.Laos$50,0000.00001%
174.Gambia$49,0000.00001%
175.Mongolia$49,0000.00001%
176.Bonaire/St Eustatius/Saba$47,0000.00001%
177.Rwanda$46,0000.00001%
178.Ecuador$42,0000.00001%
179.Norfolk Island$33,0000.000004%
180.Cameroon$32,0000.000004%
181.Nigeria$30,0000.000004%
182.Timor-Leste$28,0000.000004%
183.Bermuda$27,0000.000004%
184.American Samoa$26,0000.000003%
185.Tokelau$25,0000.000003%
186.Falkland Is (Malvinas)$22,0000.000003%
187.Samoa$15,0000.000002%
188.Yemen$13,0000.000002%
189.Wallis/Futuna Islands$13,0000.000002%
190.Eritrea$12,0000.000002%
191.Nauru$11,0000.000001%
192.Sao Tome/Principe$9,0000.000001%
193.Central African Rep$8,0000.000001%
194.Syrian Arab Republic$7,0000.000001%
195.Cayman Islands$4,0000.000001%
196.Cocos (Keeling) Is$4,0000.000001%
197.Cook Islands$2,0000.0000003%
198.Christmas Island$1,0000.0000001%


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

Research Sources:
Forbes 2018 Global 2000 rankings, The World’s Biggest Public Companies. Accessed on April 14, 2019

International Trade Centre, Trade Map. Accessed on April 14, 2019

The World Factbook, Field Listing: Exports – Commodities, Central Intelligence Agency. Accessed on April 14, 2019

Investopedia, Net Exports Definition. Accessed on April 14, 2019

Wikipedia, Car. Accessed on April 14, 2019