In turn, its negative cashflow confirms America’s competitive disadvantage for this specific product category but also signals opportunities for improvement. The United States of America incurred the highest deficit in the international trade of cars. United Arab Emirates: -$11.3 billion (up 90.5%).United States: -US$110.5 billion (net export deficit up 18.7% since 2021).Thus, the statistics below present the deficit between the value of each country’s car import purchases and its exports for that same commodity. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. The following countries posted the highest negative net exports for cars during 2022. Countries Incurring Worst Deficits from Global Trade of Cars In turn, this positive cashflow confirms both countries’ strong competitive advantages for this specific product category. Germany and Japan earn the highest surplus in the international trade of cars. Czech Republic: $20.3 billion (up 9.6%).Germany: US$87.4 billion (net export surplus up 20.8% since 2021).Thus, the statistics below present the surplus between the value of each country’s car exports and its import purchases for that same commodity. The following countries posted the highest positive net exports involving international car sales for 2022. Countries Generating Biggest Surpluses from Global Trade of Cars Posting the severest year-over-year declines in their exported car sales were Spain (down -3.1%), Italy (down -2.4%) and the United Kingdom (also down -2.4%). Germany: US$155.1 billion (20% of total exported cars)īy value, the listed 15 countries shipped 86.3% of globally exported cars bought in 2022.Īmong the top exporters, the fastest-growing sellers of exported cars were mainland China (up 83.2% from 2021), Mexico (up 17.6%), South Korea (up 16.6%) then world leader Germany (up 11%).Car Exports by Countryīelow are the 15 countries that exported the highest dollar value worth of cars in 2022. Tinier percentages came from shippers in Africa (1.4%), Latin America (0.8%) excluding Mexico but including the Caribbean, then Oceania (0.1%) led by Australia.įor research purposes, the 4-digit Harmonized Tariff System code prefix for cars is 8703. In second place were suppliers in Asia at 28.3% followed by North American automobile exporters at 17.2%. By value, that quintet of best automotive exporters generated over half (51.4%) pf cars exported in 2022.Īpplying a continental lens, European countries sold the highest dollar value worth of cars exported during 2022 with shipments totaling $406.7 billion or 52.2% of international car sales. The 5 leading exporters of cars during 2022 were Germany, Japan, United States of America, South Korea and Mexico. World’s Biggest Exporters of Cars by Value International purchases for exported cars trailed crude oil, electronic integrated circuits and refined petroleum oils.Ĭars accounted for 3.2% of overall international sales for all exported products. In 2022, cars represented the world’s number 4 exported product as measured by sales in US dollars. Year over year, worldwide spending on exported cars rose 7.5% from $722.6 billion during 2021. That dollar amount paid for total international car exports reflects a flatlining 0.2% increase compared to $774.7 billion in 2018. We can export your vehicle directly to you and arrange all the necessary steps for your shipment and clearance at your port.Japanese sports carWorldwide car exports from all countries were worth a total US$776.5 billion in 2022. We pride ourselves for the excellence of the service and customer satisfaction We will assure that you can get the best deal for your money. Our well trained team assist for buying process directly from the Japanese auctions Hall. We have direct access to all Japanese Auction. Visit to see the difference in the quality of our vehicles and the exceptional customer service offered byĪuction Visiting are also one of the many services we offer to you. Learn how thousands of our customers worldwide have been able to get a newer and more equipped vehicle for thousands less that they normally could not afford elsewhere. We are your best source for Japanese cars, Parts and auction agent, We have dealing in Used/New Japanese cars,Branded passenger Cars, and SUVs from all makes and models.
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