International sales of lithium ion batteries exports by country totaled US$3 billion in 2019.
Overall, the value of lithium ion batteries exports increased by an average 18.4% for all exporting countries since 2015 when lithium ion batteries shipments were valued at $2.5 billion. Year over year, exported lithium ion batteries appreciated by a more modest 2.3% from 2018 to 2019.
To put into perspective the metrics for exported lithium ion batteries, consider that exports of battery chargers and other accumulators for ion batteries were valued at $35.1 billion during 2019. That dollar amount reflects a 127.4% acceleration since 2015.
Among continents, Asia sold the highest dollar worth of exported lithium ion batteries during 2019 with international shipments valued at $1.7 billion or 57% of overall lithium battery exports. In second place were European exporters at 25% while 17.7% of worldwide lithium ion batteries shipments originated from North America.
Smaller percentages came from Africa (0.1%), Oceania (also 0.1%) led by Australia, then Latin America (0.03%) excluding Mexico but including the Caribbean.
For research purposes, the 6-digit Harmonized Tariff System code prefix for lithium ion batteries is 850650. For comparative purposes, the code prefix is 850760 for lithium-ion accumulators and chargers.
Lithium Ion Batteries Exports by Country
Countries
Below are the 15 countries that exported the highest dollar value worth of lithium ion batteries during 2019.
- United States: US$442.9 million (15% of exported lithium ion batteries)
- Indonesia: $387.7 million (13.1%)
- Hong Kong: $315.3 million (10.7%)
- China: $311.4 million (10.5%)
- Singapore: $266.7 million (9%)
- Japan: $169.8 million (5.7%)
- Germany: $164.6 million (5.6%)
- France: $119.1 million (4%)
- South Korea: $106.8 million (3.6%)
- Netherlands: $93 million (3.1%)
- Belgium: $81.3 million (2.8%)
- Poland: $63.1 million (2.1%)
- United Kingdom: $58.1 million (2%)
- Canada: $56.3 million (1.9%)
- Israel: $55.2 million (1.9%)
By value, the listed 15 countries shipped 91% of globally exported lithium ion batteries in 2019.
Among the top exporters, the fastest-growing exporters of lithium ion batteries since 2015 were: Poland (up 311%), Indonesia (up 91.1%), Israel (up 71.8%) and South Korea (up 68.7%).
Four countries posted declines in their exported sales of lithium ion batteries: Singapore (down -21.4%), Canada (down -19.5%), China (down -6.1%) and Japan (down -4.2%).
Advantages
The following countries posted the highest positive net exports for lithium ion batteries during 2019. 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 exported lithium ion batteries and its import purchases for that same commodity.
- Indonesia: US$370.3 million (net export surplus up 95.5% since 2015)
- Japan: $111.2 million (down -11.5%)
- United States: $110.5 million (up 75.3%)
- China: $73.7 million (down -31.8%)
- South Korea: $72.7 million (up 95%)
- Singapore: $52.7 million (down -35.7%)
- France: $52.1 million (up 24.3%)
- Israel: $39.8 million (up 162.1%)
- Hong Kong: $35.3 million (down -32.6%)
- Belgium: $28.3 million (up 129.5%)
- Poland: $2.6 million (reversing a -$4.4 million deficit)
- Netherlands: $268,000 (down -94.7%)
- Montenegro: $124,000 (reversing a -$68,000 deficit)
- Saint Kitts/Nevis: $21,000 (reversing a -$4,000 deficit)
Overtaking China in 2019, Indonesia generated the highest surplus in the international trade of lithium ion batteries. In turn, this positive cashflow confirms Indonesia’s strong competitive advantage for this specific product category.
Opportunities
The following countries posted the highest negative net exports for lithium ion batteries during 2019. 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 purchases of imported lithium ion batteries and its exports for that same commodity.
- Mexico: -US$150.6 million (net export deficit up 53.6% since 2015)
- Malaysia: -$119.4 million (up 84.2%)
- United Kingdom: -$75.3 million (up 73.9%)
- Philippines: -$62.9 million (reversing a $2.3 million surplus)
- Italy: -$50.4 million (up 34.2%)
- Switzerland: -$43.5 million (down -4.1%)
- Ireland: -$39.9 million (down -21.1%)
- United Arab Emirates: -$30.3 million (up 292.7%)
- Russia: -$25.9 million (up 16.9%)
- Australia: -$24.4 million (up 28.7%)
- Hungary: -$23.3 million (up 402%)
- Romania: -$21.7 million (up 112.6%)
- Brazil: -$21 million (up 24.7%)
- Thailand: -$19.8 million (down -46.1%)
- India: -$19.5 million (down -58.4%)
Overtaking the United States in 2019, Mexico incurred the highest deficit in the international trade of lithium ion batteries. In turn, this negative cashflow confirms Mexico’s competitive disadvantages for this specific product category but also signals opportunities for countries supplying lithium ion batteries thus helping to satisfy the powerful demand from American businesses and consumers.
Companies
Lithium Ion Batteries Exporting Companies
Below are the largest global companies that supply lithium ion batteries. Shown within parenthesis is the country where the company is headquartered.
- Anco Macao Commercial Offshore Li (Macau)
- Black & Decker Suzhou Precision (China)
- Chervon Limited (Hong Kong)
- Samsung SDI Co Ltd (South Korea)
- Sanyo Electric Co Ltd (Japan)
According to global trading platform Alibaba, the following companies are also sellers of lithium ion batteries located in the country shown within parentheses.
- China Aviation Lithium Battery Co (China)
- Guangzhou Geilienergy Electronic Co (China)
- Masterhold International Co (Taiwan)
- Shenzhen Honghaosheng Electronics (China)
- Sun Fat Electric Products (International ) Co Ltd (Hong Kong)
Searchable List of lithium Ion Batteries Exporting Countries in 2019
You can change the presentation order by clicking the triangle icon at the top of any of the columns below. An entry of 0% in the right-most column means that no 2018 data was available.
| Rank | Exporter | Exported Lithium Batteries (US$) | 2018-9 |
|---|---|---|---|
| 1. | United States | $442,898,000 | +9.4% |
| 2. | Indonesia | $387,677,000 | +81.5% |
| 3. | Hong Kong | $315,287,000 | +2.3% |
| 4. | China | $311,445,000 | -0.4% |
| 5. | Singapore | $266,670,000 | -33.1% |
| 6. | Japan | $169,827,000 | -8.9% |
| 7. | Germany | $164,640,000 | -0.2% |
| 8. | France | $119,098,000 | +4.1% |
| 9. | South Korea | $106,751,000 | +8.8% |
| 10. | Netherlands | $93,049,000 | -4.4% |
| 11. | Belgium | $81,348,000 | -6.8% |
| 12. | Poland | $63,057,000 | +13.7% |
| 13. | United Kingdom | $58,137,000 | -8% |
| 14. | Canada | $56,317,000 | +7.3% |
| 15. | Israel | $55,221,000 | -10.6% |
| 16. | Malaysia | $45,603,000 | +21.4% |
| 17. | Mexico | $24,690,000 | -16.5% |
| 18. | Czech Republic | $22,191,000 | -20.9% |
| 19. | Switzerland | $20,239,000 | +25.2% |
| 20. | Italy | $17,829,000 | +18.2% |
| 21. | Romania | $17,418,000 | -5% |
| 22. | Sweden | $15,225,000 | +10.6% |
| 23. | Denmark | $13,792,000 | +36.9% |
| 24. | Norway | $12,246,000 | +8.2% |
| 25. | Taiwan | $12,201,000 | +0% |
| 26. | Austria | $7,417,000 | +159.5% |
| 27. | Hungary | $7,105,000 | -13.2% |
| 28. | Russia | $6,285,000 | -20.4% |
| 29. | Thailand | $4,768,000 | +103.4% |
| 30. | Spain | $4,613,000 | +26.5% |
| 31. | Australia | $2,984,000 | -16.3% |
| 32. | Lithuania | $2,981,000 | +38.4% |
| 33. | South Africa | $2,890,000 | -12.3% |
| 34. | Slovenia | $2,601,000 | +204.9% |
| 35. | Philippines | $2,592,000 | +316.7% |
| 36. | Vietnam | $2,146,000 | -17.1% |
| 37. | Luxembourg | $1,845,000 | +0.8% |
| 38. | India | $1,802,000 | +33.7% |
| 39. | Finland | $1,598,000 | +48.1% |
| 40. | United Arab Emirates | $1,209,000 | -93.2% |
| 41. | Greece | $1,192,000 | -3.4% |
| 42. | Latvia | $1,125,000 | +39.4% |
| 43. | Slovakia | $1,048,000 | -64.3% |
| 44. | Ireland | $939,000 | +8.4% |
| 45. | Turkey | $809,000 | +47.4% |
| 46. | Serbia | $761,000 | -10% |
| 47. | Estonia | $572,000 | +62.5% |
| 48. | Bulgaria | $378,000 | -22.4% |
| 49. | Portugal | $375,000 | +7.1% |
| 50. | Croatia | $370,000 | -74.1% |
| 51. | Iceland | $350,000 | +2,400% |
| 52. | Cameroon | $347,000 | +89.6% |
| 53. | New Zealand | $346,000 | +1.2% |
| 54. | Brazil | $252,000 | -13.4% |
| 55. | Kazakhstan | $242,000 | +108.6% |
| 56. | Montenegro | $176,000 | 0% |
| 57. | Georgia | $170,000 | +1,114% |
| 58. | Argentina | $165,000 | +139.1% |
| 59. | Ecuador | $157,000 | +823.5% |
| 60. | Namibia | $154,000 | +516% |
| 61. | Egypt | $101,000 | +180.6% |
| 62. | Belarus | $96,000 | -50% |
| 63. | Tunisia | $88,000 | -91.5% |
| 64. | Chile | $68,000 | +65.9% |
| 65. | Panama | $65,000 | +25% |
| 66. | Peru | $53,000 | +1,225% |
| 67. | Costa Rica | $47,000 | -28.8% |
| 68. | Saint Kitts/Nevis | $43,000 | 0% |
| 69. | Iraq | $40,000 | 0% |
| 70. | Malta | $34,000 | +88.9% |
| 71. | Guatemala | $32,000 | +540% |
| 72. | Colombia | $28,000 | -64.6% |
| 73. | Angola | $28,000 | -58.8% |
| 74. | Morocco | $28,000 | +64.7% |
| 75. | Bosnia/Herzegovina | $22,000 | +1,000% |
| 76. | Guyana | $21,000 | 0% |
| 77. | Jordan | $16,000 | +166.7% |
| 78. | Senegal | $14,000 | +16.7% |
| 79. | Sri Lanka | $14,000 | +133.3% |
| 80. | Mauritius | $12,000 | +200% |
| 81. | El Salvador | $11,000 | +450% |
| 82. | Zambia | $11,000 | 0% |
| 83. | Azerbaijan | $9,000 | -83% |
| 84. | Cyprus | $6,000 | +20% |
| 85. | Congo | $5,000 | +400% |
| 86. | Honduras | $5,000 | 0% |
| 87. | New Caledonia | $4,000 | 0% |
| 88. | Afghanistan | $3,000 | 0% |
| 89. | Botswana | $3,000 | 0% |
| 90. | Barbados | $3,000 | -97.4% |
| 91. | Ukraine | $3,000 | -94.7% |
| 92. | North Macedonia | $2,000 | -33.3% |
| 93. | Bhutan | $2,000 | 0% |
| 94. | Ghana | $2,000 | 0% |
| 95. | Madagascar | $2,000 | 0% |
| 96. | Eswatini | $2,000 | 0% |
| 97. | Qatar | $2,000 | 0% |
| 98. | Papua New Guinea | $2,000 | +100% |
| 99. | Mali | $1,000 | -80% |
| 100. | Moldova | $1,000 | 0% |
| 101. | Mozambique | $1,000 | 0% |
| 102. | Ivory Coast | $1,000 | -100% |
| 103. | Jamaica | $1,000 | 0% |
| 104. | Fiji | $1,000 | 0% |
| 105. | Dominican Republic | $1,000 | -99.3% |
| 106. | Bahamas | $1,000 | 0% |
| 107. | Albania | $1,000 | 0% |
| 108. | Algeria | $1,000 | -80% |
| 109. | Andorra | $1,000 | 0% |
| 110. | Brunei Darussalam | $1,000 | -97.8% |
| 111. | Togo | $1,000 | 0% |
| 112. | Uruguay | $1,000 | -99% |
See also Electronic Circuit Component Exports by Country, Computer Accessories Exports by Country and Computer Device Exports by Country
Research Sources:
Alibaba, Supplier information for lithium ion batteries. Accessed on May 19, 2020
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on May 19, 2020
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on May 19, 2020
International Trade Centre, Trade Map. Accessed on May 19, 2020
Investopedia, Net Exports Definition. Accessed on May 19, 2020
Wikipedia, Lithium-ion battery. Accessed on May 19, 2020
