Which Country Exports the Most Automotive Parts and Accessories in the World?

Motor Vehicles May 28, 2018
Author: Anna Sergeeva
Market Analyst

In 2016, the global automotive accessory exports stood at 322K tonnes, surging by 16% against the previous year level. Overall, automotive accessory exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, an increase of 26% against the previous year level. Over the period under review, global automotive accessory exports attained its maximum volume of 390K tonnes in 2012; however, from 2013 to 2016, it failed to regain its strength.

In value terms, automotive accessory exports stood at $3.7B in 2016. Overall, automotive accessory exports continue to indicate a relatively flat trend pattern. Global automotive accessory export peaked of $4.4B in 2012; however, from 2013 to 2016, it stood at a somewhat lower level.

Top Automotive Accessory Exporting Countries in the World

1. Sweden (771.6 million USD)

2. Brazil (651.4 million USD)

3. Japan (519.3 million USD)

4. India (511.1 million USD)

5. Germany (212.5 million USD)

6. Singapore (137.6 million USD)

7. Netherlands (122.7 million USD)

8. Italy (116.4 million USD)

9. China (66.7 million USD)

10. South Korea (59.5 million USD)

11. Malaysia (58.5 million USD)

12. Poland (58.2 million USD)

Automotive Accessory Exports By Country

The countries with the highest levels of automotive accessory exports in 2016 were Brazil (64K tonnes), Sweden (51K tonnes), Japan (45K tonnes), and India (44K tonnes), together resulting at 64% of total export. It was distantly followed by Germany (16K tonnes), and the Netherlands (15K tonnes), together committing 10% share of total automotive accessory exports. Singapore (12K tonnes), South Korea (8.1K tonnes), Italy (7.1K tonnes), China (5.8K tonnes), Poland (5.5K tonnes), and Malaysia (5K tonnes) followed a long way behind this figure.

From 2007 to 2016, the most notable growth rate of automotive accessory exports, among the main exporting countries, was attained by Malaysia (+17.7% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest automotive accessory markets worldwide were Sweden ($772M), Brazil ($651M) and Japan ($519M), together accounting for 53% of global exports.India, Germany, Singapore, the Netherlands, Italy, China, South Korea, Malaysia and Poland lagged somewhat behind, together comprising a further 37%.

Malaysia (+20.5% per year) recorded the highest rates of growth with regard to the automotive accessory exports, among the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Automotive Accessory Export Prices By Country

In 2016, the average export price for automotive accessory amounted to $11 per kg, going down by -7.3% against the previous year. Overall, automotive accessory export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, when export increased by 11% against the previous year level. In that year, average automotive accessory export price attained its maximum level of $12 per kg, falling back in the following year.

Export prices varied noticeably by country of destination. the country with the highest export prices was Italy ($16 per kg), while South Korea ($7,353 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of automotive accessory export prices was attained by Italy (+6.1% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global automotive accessory market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • automotive accessory market share
  • automotive accessory prices
  • automotive accessory industry
  • automotive accessory sales
  • automotive accessory import
  • automotive accessory export
  • automotive accessory market forecast
  • automotive accessory price forecast
  • key automotive accessory producers

All data provided in this article covers the following product: HS Code 8706 - Chassis; fitted with engines, for the motor vehicles of heading no. 8701 to 8705.

Source: World: Parts And Accessories Of Motor Vehicles - Market Report. Analysis and Forecast to 2025