International sales of lithium ion batteries exports by country totaled US$2.7 billion in 2020.
Overall, the value of lithium ion batteries exports increased by an average 7% for all exporting countries since 2016 when lithium ion batteries shipments were valued at $2.5 billion. Year over year, exported lithium ion batteries declined by -5.2% from 2019 to 2020.
The 5 biggest exporters of lithium batteries (United States, China, Hong Kong, Singapore, Indonesia) generated well over half (55.9%) of overall exports for the commodity in 2020.
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 $44.9 billion during 2020. That dollar amount reflects a 152.6% increase since 2016 and a 28.4% acceleration from 2019 to 2020.
Among continents, Asia shipped the highest dollar worth of lithium ion batteries during 2020 with international shipments valued at $1.4 billion or 53.8% of overall lithium battery exports. In second place were European exporters at 27.9% while 18% of worldwide lithium ion batteries shipments originated from North America.
Smaller percentages came from Oceania (0.12%) led by Australia, Africa (0.09%) and Latin America (0.06%) 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 2020.
- United States: US$422.9 million (15.8% of exported lithium ion batteries)
- China: $344.1 million (12.9%)
- Hong Kong: $282.1 million (10.6%)
- Singapore: $252.8 million (9.5%)
- Indonesia: $191.1 million (7.2%)
- Japan: $158.4 million (5.9%)
- Germany: $158 million (5.9%)
- France: $106.5 million (4%)
- South Korea: $89.4 million (3.3%)
- Poland: $87.1 million (3.3%)
- Belgium: $82.9 million (3.1%)
- Netherlands: $81.2 million (3%)
- United Kingdom: $65.4 million (2.4%)
- Israel: $46 million (1.7%)
- Malaysia: $44.6 million (1.7%)
By value, the listed 15 countries shipped 90.3% of globally exported lithium ion batteries in 2020.
Among the top exporters, the fastest-growing lithium ion batteries exporters since 2019 were: Poland (up 38.2%), Netherlands (up 14.5%), United Kingdom (up 11.4%) and China (up 10.5%).
Those countries that posted declines in their export sales of lithium ion batteries were led by: Israel (down -16.7%), South Korea (down -16.3%), France (down -10.6%), Hong Kong (down -10.5%) and Japan (down -6.7%).
Advantages
The following countries posted the highest positive net exports for lithium ion batteries during 2020. 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$176.9 million (net export surplus down -8.1% since 2019)
- China: $130.2 million (up 76.7%)
- United States: $106.6 million (down -3.5%)
- Japan: $101.5 million (down -8.8%)
- South Korea: $57 million (down -21.6%)
- Singapore: $47.8 million (down -9.3%)
- France: $43.5 million (down -16.4%)
- Israel: $33.1 million (down -16.8%)
- Hong Kong: $25.7 million (down -27%)
- Belgium: $17.4 million (down -35.9%)
- Poland: $14.2 million (up 453.3%)
- Greece: $1.2 million (reversing a -$828,000 deficit)
- North Korea: $2,000 (down -86.7%)
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 2020. 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.
- Malaysia: -US$186 million (net export deficit up 55.7% since 2019)
- Mexico: -$126.4 million (down -20.1%)
- Italy: -$48.1 million (down -3.5%)
- Ireland: -$47.6 million (up 3.5%)
- Switzerland: -$43.6 million (up 0.3%)
- Vietnam: -$37.5 million (down -51.3%)
- Philippines: -$31.1 million (down -50.5%)
- Canada: -$29.04 million (up 107.3%)
- Russia: -$29.02 million (up 11.9%)
- United Arab Emirates: -$28.1 million (down -5.9%)
- Australia: -$23.6 million (down -3.3%)
- Thailand: -$22.3 million (up 13%)
- Norway: -$22.3 million (up 21.4%)
- United Kingdom: -$22 million (down -70.4%)
- Romania: -$21.7 million (up 129.2%)
Overtaking Mexico in 2020, Malaysia incurred the highest deficit in the international trade of lithium ion batteries. In turn, this negative cashflow confirms both countries’ competitive disadvantages for this specific product category but also signals opportunities for countries supplying lithium ion batteries thus helping to satisfy the powerful demand from pertinent businesses and consumers.
Companies
Lithium Ion Batteries Exporting Companies
Below are the largest global companies that supply lithium ion batteries. Shown within parenthesis is the country where the company is headquartered.
- Anco Macao Commercial Offshore Li (Macau)
- Black & Decker Suzhou Precision (China)
- Chervon Limited (Hong Kong)
- Samsung SDI Co Ltd (South Korea)
- Sanyo Electric Co Ltd (Japan)
According to global trading platform Alibaba, the following companies are also sellers of lithium ion batteries located in the country shown within parentheses.
- China Aviation Lithium Battery Co (China)
- Guangzhou Geilienergy Electronic Co (China)
- Masterhold International Co (Taiwan)
- Shenzhen Honghaosheng Electronics (China)
- Sun Fat Electric Products (International ) Co Ltd (Hong Kong)
Searchable List of lithium Ion Batteries Exporting Countries in 2020
You can change the presentation order by clicking the triangle icon at the top of any of the columns below. An entry of 0% in the right-most column means that no 2019 data was available.
| Rank | Exporter | Exported Lithium Batteries (US$) | 2019-20 |
|---|---|---|---|
| 1. | United States | $422,938,000 | -4.5% |
| 2. | China | $344,131,000 | +10.5% |
| 3. | Hong Kong | $282,057,000 | -10.5% |
| 4. | Singapore | $252,845,000 | -5.2% |
| 5. | Indonesia | $191,094,000 | -4.2% |
| 6. | Japan | $158,429,000 | -6.7% |
| 7. | Germany | $157,973,000 | -4.9% |
| 8. | France | $106,473,000 | -10.6% |
| 9. | South Korea | $89,355,000 | -16.3% |
| 10. | Poland | $87,137,000 | +38.2% |
| 11. | Belgium | $82,906,000 | +4.6% |
| 12. | Netherlands | $81,217,000 | +14.5% |
| 13. | United Kingdom | $65,403,000 | +11.4% |
| 14. | Israel | $45,991,000 | -16.7% |
| 15. | Malaysia | $44,634,000 | -2.1% |
| 16. | Canada | $34,147,000 | -39.4% |
| 17. | Italy | $28,856,000 | +63.9% |
| 18. | Switzerland | $22,771,000 | +12.5% |
| 19. | Mexico | $22,523,000 | -11.2% |
| 20. | Czech Republic | $20,381,000 | -8.2% |
| 21. | Romania | $17,651,000 | +3% |
| 22. | Denmark | $16,329,000 | +17.9% |
| 23. | Taiwan | $15,666,000 | +28.4% |
| 24. | Sweden | $13,172,000 | -14.9% |
| 25. | Norway | $11,771,000 | -3.9% |
| 26. | Spain | $5,568,000 | +32.3% |
| 27. | Thailand | $5,351,000 | +12.2% |
| 28. | Hungary | $4,764,000 | -25.7% |
| 29. | Vietnam | $3,944,000 | +234.5% |
| 30. | Greece | $3,941,000 | +230.6% |
| 31. | Austria | $3,813,000 | -47.5% |
| 32. | Australia | $3,049,000 | +2.2% |
| 33. | Lithuania | $2,905,000 | -2.6% |
| 34. | Russia | $2,648,000 | -57.9% |
| 35. | Philippines | $2,580,000 | -0.5% |
| 36. | South Africa | $2,285,000 | -20.9% |
| 37. | Luxembourg | $2,240,000 | +24% |
| 38. | Finland | $1,644,000 | +2.9% |
| 39. | Latvia | $1,000,000 | -9.1% |
| 40. | Turkey | $894,000 | -21.3% |
| 41. | Croatia | $879,000 | +45.3% |
| 42. | Portugal | $741,000 | +136.7% |
| 43. | Slovakia | $733,000 | -55.6% |
| 44. | Estonia | $722,000 | -20.6% |
| 45. | United Arab Emirates | $670,000 | -96.4% |
| 46. | Ireland | $599,000 | -36.4% |
| 47. | Slovenia | $582,000 | -75.2% |
| 48. | India | $570,000 | -68.4% |
| 49. | Iceland | $546,000 | +56% |
| 50. | Brazil | $350,000 | +38.9% |
| 51. | Bulgaria | $328,000 | -11.8% |
| 52. | Argentina | $298,000 | +80.6% |
| 53. | Panama | $228,000 | +230.4% |
| 54. | Peru | $209,000 | +294.3% |
| 55. | Serbia | $207,000 | -72.8% |
| 56. | Ukraine | $189,000 | +105.4% |
| 57. | Colombia | $125,000 | -48.3% |
| 58. | Kazakhstan | $101,000 | -58.3% |
| 59. | Belarus | $97,000 | -12.6% |
| 60. | New Zealand | $93,000 | -73.1% |
| 61. | Brunei Darussalam | $88,000 | -59.4% |
| 62. | Namibia | $70,000 | -54.5% |
| 63. | Oman | $69,000 | 0% |
| 64. | Trinidad/Tobago | $52,000 | -40.9% |
| 65. | Costa Rica | $50,000 | +6.4% |
| 66. | Guyana | $42,000 | -99.9% |
| 67. | Fiji | $39,000 | +457.1% |
| 68. | Chile | $34,000 | -50% |
| 69. | Zambia | $31,000 | +181.8% |
| 70. | Guatemala | $24,000 | -25% |
| 71. | Bahamas | $18,000 | +1,700% |
| 72. | Bolivia | $17,000 | +325% |
| 73. | US Minor Outlying Is | $15,000 | 0% |
| 74. | Qatar | $13,000 | 0% |
| 75. | Cyprus | $12,000 | +100% |
| 76. | Bosnia/Herzegovina | $11,000 | -50% |
| 77. | Bahrain | $11,000 | -98.4% |
| 78. | Botswana | $10,000 | +233.3% |
| 79. | Armenia | $10,000 | 0% |
| 80. | Georgia | $10,000 | -86.8% |
| 81. | Honduras | $10,000 | 0% |
| 82. | Senegal | $10,000 | -28.6% |
| 83. | Uganda | $10,000 | +900% |
| 84. | Albania | $9,000 | +350% |
| 85. | Sri Lanka | $8,000 | -52.9% |
| 86. | Jamaica | $8,000 | +700% |
| 87. | Tunisia | $8,000 | -99.7% |
| 88. | Uruguay | $7,000 | +600% |
| 89. | Egypt | $5,000 | -97.3% |
| 90. | Azerbaijan | $5,000 | -44.4% |
| 91. | Malta | $4,000 | -88.2% |
| 92. | Curaçao | $3,000 | +200% |
| 93. | Niue | $3,000 | -40% |
| 94. | Gabon | $3,000 | -78.6% |
| 95. | North Macedonia | $3,000 | ;+50% |
| 96. | North Korea | $2,000 | -86.7% |
| 97. | Madagascar | $2,000 | 0% |
| 98. | Kyrgyzstan | $2,000 | 0% |
| 99. | Kuwait | $1,000 | -99.8% |
| 100. | Ivory Coast | $1,000 | -98.8% |
| 101. | Moldova | $1,000 | 0% |
| 102. | Montenegro | $1,000 | -66.7% |
| 103. | Morocco | $1,000 | -96.4% |
| 104. | Mauritius | $1,000 | -91.7% |
| 105. | Democr. Rep. Congo | $1,000 | 0% |
| 106. | Dominican Republic | $1,000 | -96% |
| 107. | El Salvador | $1,000 | -90.9% |
| 108. | Barbados | $1,000 | -66.7% |
| 109. | Cayman Islands | $1,000 | 0% |
| 110. | Tanzania | $1,000 | -94.7% |
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 June 10, 2021
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on June 10, 2021
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on June 10, 2021
International Trade Centre, Trade Map. Accessed on June 10, 2021
Investopedia, Net Exports Definition. Accessed on June 10, 2021
Wikipedia, Lithium-ion battery. Accessed on June 10, 2021
