Due to their high-energy density, tiny memory impact and low self-discharge rate, lithium ion batteries are one of the most common types of rechargeable batteries for portable electronics.
The overall value of lithium ion batteries exports increased by an average 11.1% for all exporting countries since 2017 when lithium ion batteries shipments were valued at $2.81 billion.
Year over year, revenues from exported lithium ion batteries accelerated by 15% from in 2021 compared to $2.71 billion during 2020.
The 5 biggest exporters of lithium batteries are the United States of America, mainland China, Singapore, Hong Kong and Indonesia. All told, those 5 major suppliers generated well over half (54.8%) of overall exports for lithium batteries in 2021.
Among continents, suppliers in Asia shipped the highest dollar worth of lithium ion batteries during 2021 with international shipments valued at $1.7 billion or 53.6% of overall lithium battery exports. In second place were European exporters at 29.1% while 16.8% of worldwide lithium ion batteries exportts originated from North America.
Tinier percentages came from Oceania (0.23%) mostly Australia, Africa (0.18%), and Latin America (0.05%) excluding Mexico but including the Caribbean.
For research purposes, the 6-digit Harmonized Tariff System code prefix for lithium ion batteries is 850650.
Lithium Ion Batteries Exports by Country
Below are the 15 countries that exported the highest dollar value worth of lithium ion batteries during 2021.
- United States: US$457.7 million (14.7% of lithium battery exports)
- China: $389.9 million (12.5%)
- Singapore: $338.8 million (10.9%)
- Hong Kong: $302.5 million (9.7%)
- Indonesia: $221.2 million (7.1%)
- Germany: $196 million (6.3%)
- Japan: $192.5 million (6.2%)
- France: $132.9 million (4.3%)
- Netherlands: $118.1 million (3.8%)
- Belgium: $94.5 million (3%)
- South Korea: $90.8 million (2.9%)
- Poland: $85.3 million (2.7%)
- United Kingdom: $62.7 million (2%)
- Israel: $57.6 million (1.8%)
- Italy: $38.6 million (1.2%)
By value, the listed 15 countries shipped 89.1% of globally exported lithium batteries in 2021.
Among the top exporters, the fastest-growing exporters of the commodity were: Netherlands (up 42.6% from 2020), Italy (up 42.5%), Singapore (up 34%) and Israel (up 27.8%).
A pair of top countries posted declines in their export sales of lithium ion batteries namely the United Kingdom (down -4.7%) and Poland (down -2.1%).
Countries Garnering Largest Trade Surpluses from Lithium Ion Batteries
The following countries posted the highest positive net exports for lithium ion batteries during 2021. 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$200.6 million (net export surplus up 13.4% since 2020)
- China: $153.5 million (up 17.9%)
- Japan: $142.3 million (up 40.2%)
- Singapore: $112 million (up 134.3%)
- United States of America: $91.6 million (down -13.8%)
- France: $56.6 million (up 30%)
- South Korea: $50.1 million (down -12.2%)
- Israel: $41.2 million (up 25.5%)
- Hong Kong: $37.7 million (up 46.4%)
- Belgium: $14.7 million (down -15.6%)
- Togo: $284,000 (reversing a -$57,000 deficit)
- North Korea: $221,000 (up 10950%)
- Pakistan: $98,000 (reversing a -$2.3 million deficit)
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.
Countries Facing Worst Trade Deficits from Lithium Ion Batteries
The following countries posted the highest negative net exports for lithium ion batteries during 2021. 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$190 million (net export deficit up 2.1% since 2020)
- Mexico: -$130 million (down -6%)
- Italy: -$56.4 million (up 12.3%)
- Vietnam: -$49.8 million (down -66.4%)
- Switzerland: -$47.3 million (up 8.7%)
- Ireland: -$40.5 million (down -12.2%)
- United Kingdom: -$39.3 million (up 76.6%)
- Austria: -$36.7 million (up 75.3%)
- Canada: -$35.3 million (up 21.6%)
- Russia: -$34.7 million (up 19.6%)
- United Arab Emirates: -$28.6 million (up 214.2%)
- Norway: -$27.9 million (up 24.9%)
- Taiwan: -$27.8 million (up 120.1%)
- Thailand: -$26.3 million (up 17.6%)
- Australia: -$25.2 million (up 42.7%)
Overtaking Mexico since 2020, Malaysia incurred the highest deficit in the international trade of lithium ion batteries. In turn, this negative cashflow confirms both countries’ competitive disadvantages for this specific product category but also signals opportunities for countries supplying lithium ion batteries thus helping to satisfy the powerful demand from pertinent businesses and consumers.
Lithium Ion Batteries Exporting Companies
Below are the largest global companies that supply lithium ion batteries. Shown within parenthesis is the country where the company is headquartered.
- Anco Macao Commercial Offshore Li (Macau)
- Black & Decker Suzhou Precision (China)
- Chervon Limited (Hong Kong)
- Samsung SDI Co Ltd (South Korea)
- Sanyo Electric Co Ltd (Japan)
According to global trading platform Alibaba, the following companies are also sellers of lithium ion batteries located in the country shown within parentheses.
- China Aviation Lithium Battery Co (China)
- Guangzhou Geilienergy Electronic Co (China)
- Masterhold International Co (Taiwan)
- Shenzhen Honghaosheng Electronics (China)
- Sun Fat Electric Products (International ) Co Ltd (Hong Kong)
Searchable List of Lithium Ion Batteries Exporting Countries in 2021
The automated database below showcases the 100 top suppliers of lithium ion batteries ranked by highest to lowest international sales. Collectively, those major exporters generated 99.999% of overall revenues from exports for this commodity.
|Rank||Exporter||Lithium Battery Exports (US$)||2020-1|
|48.||United Arab Emirates||$639,000||-97.9%|
|80.||US Minor Outlying Is||$11,000||+450%|
The fastest-growing sellers of lithium batteries from 2020 to 2021 are North Korea (up 10,950%), Malta (up 1,350%), India (up 1,350%), French Polynesia (up 800%), Chile (up 726.5%) and Zambia (up 714.7%).
You can change the presentation order by clicking the triangle icon at the top of any of the columns above. An entry of 0% in the right-most column means that no 2020 data was available.
See also Electronic Circuit Component Exports by Country, Computer Accessories Exports by Country, Computer Device Exports by Country, Best Solar & Wind Exporters Powering International Energy Sales and Electric Cars Exports by Country
Alibaba, Supplier information for lithium ion batteries. Accessed on July 5, 2022
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on July 5, 2022
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on July 5, 2022
International Trade Centre, Trade Map. Accessed on July 5, 2022
Investopedia, Net Exports Definition. Accessed on July 5, 2022
Wikipedia, Lithium-ion battery. Accessed on July 5, 2022