Which Country Exports the Most Passenger Cars in the World?

Motor Vehicles May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

In 2016, the amount of passenger car exported worldwide stood at 53M tonnes, ascending by 6% against the previous year level. The total export volume increased at an average annual rate of +3.2% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2010, an increase of 26% y-o-y. Global passenger car export peaked in 2016, and are likely to see steady growth in the near future.

In value terms, passenger car exports totaled $700B in 2016. The total export value increased at an average annual rate of +1.3% from 2007 to 2016; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, global passenger car exports reached its maximum level of $708B in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Passenger Car Exporting Countries in the World

1. Germany (151.9 billion USD)

2. Japan (91.9 billion USD)

3. USA (53.9 billion USD)

4. Canada (48.8 billion USD)

5. United Kingdom (40.8 billion USD)

6. South Korea (37.5 billion USD)

7. Spain (35.6 billion USD)

8. Mexico (31.4 billion USD)

9. Belgium (30.3 billion USD)

10. Czech Republic (18.8 billion USD)

11. France (18.4 billion USD)

12. Slovakia (15.5 billion USD)

Passenger Car Exports By Country

Germany (8.5M tonnes), and Japan (7.1M tonnes) represented roughly 29% of total exports of passenger car in 2016. South Korea (3.9M tonnes) ranks second globally in passenger car exports with a 7% share, following Spain (6%), the U.S. (6%), Canada (6%), Mexico (5%), and Belgium (5%). The UK (2.4M tonnes), Czech Republic (1.8M tonnes), France (1.7M tonnes), and Slovakia (1.3M tonnes) took the mild share of total exports.

From 2007 to 2016, the most notable growth rate of passenger car exports, among the main exporting countries, was attained by Spain (+16.1% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest passenger car markets worldwide were Germany ($152B), Japan ($92B) and the U.S. ($54B), together comprising 43% of global exports. These countries were followed by Canada, the UK, South Korea, Spain, Mexico, Belgium, Czech Republic, France and Slovakia, which together accounted for a further 40%.

Czech Republic (+7.2% per year) had the highest rates of growth with regard to the passenger car exports, in terms of the main exporting countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Passenger Car Export Prices By Country

The average passenger car export price stood at $13 per kg in 2016, shrinking by -2.3% against the previous year. In general, passenger car export price continues to indicate a slight deduction. The growth pace was the most rapid in 2012, an increase of 6% from the previous year level. Global passenger car export peaked of $16 per kg in 2008; however, from 2009 to 2016, it failed to regain its strength.

Export prices varied noticeably by country of destination. the country with the highest export prices was Germany ($18 per kg), while South Korea ($9,546 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of passenger car export prices was attained by South Korea (+1.7% per year), while the other global leaders experienced more modest paces of growth.

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

  • passenger car market share
  • passenger car prices
  • passenger car industry
  • passenger car sales
  • passenger car import
  • passenger car export
  • passenger car market forecast
  • passenger car price forecast
  • key passenger car producers

All data provided in this article covers the following product: HS Code 8703 - Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars.

Source: World: Passenger Cars - Market Report. Analysis and Forecast to 2025