This is a relatively new HTS code since 2017 is the first year for which trade data specific to electric cars was available.īelow are the 15 countries that exported the highest dollar value worth of electric cars during 2022. Tinier percentages came from exporters in Africa (0.11%), mostly Australia in Oceania (0.004%), and Latin America (0.003%) excluding Mexico.įor research purposes, the 6-digit Harmonized Tariff System code prefix is 870380 for motor vehicles powered by electric motor only (also called electric smart cars). In second place were Asian exporters at 32.8% while another 6.3% of the international sales for electric cars originated from shippers in North America. Collectively, those 5 leaders in exporting electric cars generated over three-quarters (78%) of electric car global sales in 2022.Īmong continents, suppliers in European countries sold the most exported electric cars during 2022 with shipments valued at $56.8 billion or 60.7% of the world total. The 5 biggest exporters of electric cars are Germany, mainland China, Belgium, South Korea then the United States of America. The most recent percentage of electric cars is a strong increase from 8.4% in 2021 and even more so when compared to the 1.5% share for 2018. Year over year, the overall value of exported electric cars accelerated by 56.3% from $59.9 billion for 2021.īaselined against the $779.5 billion in overall international sales for all types of cars in 2022, electric cars represent 12% of global revenues from exported cars. That dollar amount results from a 261% increase compared to $11.3 billion five years earlier in 2018. Smart car (Amsterdam)Worldwide exports of electricity-powered automobiles were worth a total US$93.5 billion in 2022.
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