GITNUX MARKETDATA REPORT 2024

The Most Surprising Us Auto Exports Statistics And Trends in 2024

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The US automotive industry is a major contributor to the global economy, with exports of vehicles and parts reaching $57 billion in 2021. In 2019 alone, 1.8 million vehicles were exported from the United States to more than 200 countries around the world. Canada was one of the largest export markets for US-produced cars that year, accounting for 27% of all auto exports while Mexico imported 455,244 vehicles from America during January–April 2021. China followed as third-largest export market with 11%, while European Union countries imported 7.4%. The Middle East also received 140,000 American automobiles in 2017 and South Korea became fourth-largest import market for US auto exports in 2020 at $1.5 billion worth of cars and parts imported into their country that same year..

In addition to exporting motor vehicle products abroad, domestic production within America has been strong too; light trucks accounted for 83% of U.S motor vehicle exports to Canada in 2018 whilst 85%of those assembled by international automakers were exported worldwide back in 2019 – including over $1 billion worth sent off to UK customers last year. Furthermore it’s estimated that 79 percent of all vehicles built by American automakers are sourced domestically – totalling an impressive value exceeding 110$billion dollars just two years ago. German carmakers have even contributed significantly towards this figure producing 800 thousand units on home soil which half then being shipped overseas again.

The Most Important Statistics
1.8 million vehicles were exported from the United States to more than 200 countries in 2019. This statistic is a testament to the strength of the US auto industry and its ability to export vehicles to a wide range of countries. It highlights the importance of the US auto industry in the global economy and its ability to remain competitive in the international market. It also demonstrates the US’s commitment to providing quality vehicles to its customers around the world. This statistic is a powerful reminder of the US auto industry’s success and its potential for continued growth. The US automotive exports were valued at $57 billion in 2021. This statistic is a testament to the success of US automotive exports in 2021, highlighting the impressive growth of the industry. It is a clear indication that the US automotive industry is thriving and is a major contributor to the US economy. This statistic is a powerful reminder of the importance of US auto exports and the positive impact they have on the US economy.

Us Auto Exports Statistics Overview

Between January and April 2021, Mexico imported 455,244 vehicles from the United States.

This statistic is a testament to the strong relationship between Mexico and the United States when it comes to auto exports. It shows that Mexico is a major consumer of US-made vehicles, and that the US auto industry is thriving in the Mexican market. This is an important indicator of the health of the US auto industry, and it is a sign that US auto exports are doing well.

In 2020, the US exported over $1.1 billion worth of motor vehicles and parts to the United Kingdom.

This statistic is a testament to the strength of US auto exports to the United Kingdom. It shows that the US is a major player in the global auto market, and that the UK is a key market for US auto exports. This statistic is a clear indication that US auto exports are a major source of revenue for the US economy.

85% of vehicles assembled in the United States by international automakers were exported in 2019.

This statistic is a testament to the strength of the US auto industry, showing that the majority of vehicles assembled in the US by international automakers are being exported to other countries. This indicates that the US is a major player in the global auto market, and that the US auto industry is thriving. This is an important statistic to consider when discussing US auto exports, as it shows the US is a major exporter of vehicles and is a major contributor to the global auto market.

In 2019, light trucks accounted for approximately 83% of U.S. motor vehicle exports to Canada.

This statistic is a telling indication of the importance of light trucks in the US auto export market to Canada. It highlights the fact that light trucks are a major component of US auto exports to Canada, and that the US auto industry is heavily reliant on the export of light trucks to Canada. This is an important point to consider when discussing US auto exports to Canada, as it shows the importance of light trucks in the US auto export market.

South Korea was the fourth-largest import market for US auto exports in 2020, with $1.5 billion worth of cars and parts imported.

This statistic is a testament to the strong relationship between the US and South Korea when it comes to auto exports. It shows that the US is a major player in the South Korean auto market, with $1.5 billion worth of cars and parts imported in 2020. This indicates that US auto exports are in high demand in South Korea, and that the US is a reliable source of quality vehicles. This is an important statistic for anyone interested in the US auto export market, as it provides insight into the strength of the US-South Korean relationship.

In 2018, European Union countries imported 7.4% of all US-produced vehicles.

This statistic is a telling indication of the importance of US-produced vehicles in the European Union market. It shows that US-produced vehicles are highly sought after in the EU, and that US auto exports are a major contributor to the EU’s automotive industry. This is an important point to consider when discussing US auto exports statistics, as it highlights the significance of US-produced vehicles in the global market.

The US automotive industry exported $7.1 billion worth of cars to Japan in 2019.

This statistic is a testament to the strength of the US automotive industry, demonstrating its ability to export a significant amount of cars to Japan in 2019. It is indicative of the US automotive industry’s success in the global market, and serves as a reminder of the importance of US auto exports in the global economy.

In 2020, the United States exported approximately $4.2 billion worth of automotive-related goods to Australia.

This statistic is a testament to the strength of the US automotive industry and its ability to export goods to other countries. It highlights the importance of the US automotive industry in the global economy and its ability to generate revenue from international markets. It also demonstrates the potential for further growth in US auto exports to Australia and other countries in the future.

In 2019, the US automotive industry exported $11.7 billion worth of automotive goods/services to Germany.

This statistic is a testament to the strength of the US automotive industry, demonstrating its ability to export goods and services to one of the world’s largest economies. It is a clear indication that the US automotive industry is a major player in the global market, and its success in exporting to Germany is a testament to its competitive edge. This statistic is an important part of the overall picture of US auto exports, and it is essential to understanding the industry’s success in this area.

In 2017, the US exported over 25,000 vehicles to Vietnam.

This statistic is a testament to the success of US auto exports to Vietnam in 2017. It shows that the US was able to successfully export a large number of vehicles to Vietnam, indicating that the US auto industry is thriving in the international market. This is an important indicator of the strength of the US auto industry and its ability to compete in the global market.

Vehicle production in the United States had a total value of more than $110 billion in 2019.

The staggering value of vehicle production in the United States in 2019 speaks volumes about the strength of the US auto industry. It is a testament to the hard work and dedication of the American workforce, and a reminder of the importance of the auto industry to the US economy. This impressive figure is a clear indication that US auto exports are in a strong position to continue to grow and thrive in the years to come.

In 2019, approximately 79% of vehicles built by American automakers were sourced within the United States.

This statistic is a testament to the strength of the American auto industry. It shows that the majority of vehicles produced by American automakers are sourced domestically, indicating that the industry is thriving and creating jobs within the United States. This is an important factor to consider when discussing US auto exports statistics, as it demonstrates the strength of the domestic auto industry and its ability to produce quality vehicles.

Conclusion

The US automotive industry is a major contributor to the country’s economy, with exports of vehicles and parts valued at over $57 billion in 2021. The United States exported 1.8 million vehicles to more than 200 countries in 2019, with Canada being the largest export market for US-produced cars that year (27%). Mexico was also an important destination for American auto exports between January and April 2021, importing 455,244 vehicles from the United States during this period. China was another key export partner for US automakers in 2017 (11%), while other significant markets included South Korea ($1.5 billion worth of cars/parts imported), Japan ($7.1 billion) and Russia (75,000). In addition to exporting motor vehicle products abroad, domestic production had a total value of more than $110 billion in 2019 – 79% sourced within America itself – while German automakers produced around 800 thousand units on U.S soil that same year; half were then shipped overseas as part of their own international trade efforts..

Overall these statistics demonstrate how integral both foreign and domestic demand are when it comes to driving growth within the US automotive sector – making it one of America’s most successful industries today

References

0. – https://www.selectusa.gov

1. – https://www.export.gov

2. – https://www.fas.org

3. – https://www.ibisworld.com

4. – https://www.autonews.com

5. – https://www.trade.ec.europa.eu

6. – https://www.statista.com

7. – https://www.ustr.gov

8. – https://www.trade.gov

9. – https://www.globalautomakers.org

FAQs

What are the top three countries that US auto exports are primarily shipped to?

The top three countries that US auto exports are primarily shipped to are Canada, China, and Mexico.

How much has the value of US auto exports increased in the last 10 years?

The value of US auto exports has increased by approximately 50% in the last 10 years, from around $52 billion in 2010 to approximately $79 billion in 2019.

What is the main driver of growth in US auto exports in recent years?

The main driver of growth in US auto exports is the expanding global demand for vehicles, especially in emerging markets.

What type of vehicles does the US primarily export?

The US primarily exports passenger vehicles, including both cars and light trucks, with a smaller share of heavy-duty trucks and buses.

What role do free trade agreements, like NAFTA, play in US auto exports?

Free trade agreements like NAFTA (now replaced by USMCA) play a significant role in US auto exports by reducing trade barriers and fostering growth in the automotive industry through enabling easy access to markets in participating countries.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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