2022
Exports
$57.5BWorld Rnk 3 / 210
Flag Rnk 4 / 1217
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$159BWorld Rnk 1 / 224
Flag Rnk 2 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $57.5B in Cars, making it the 3rd largest exporter of Cars in the world. At the same year, Cars was the 4th most exported product in United States. The main destination of Cars exports from United States are: Canada ($16.9B), Germany ($6.75B), China ($5.73B), South Korea ($3.81B), and Mexico ($3.35B).

The fastest growing export markets for Cars of United States between 2021 and 2022 were Canada ($2.85B), United Arab Emirates ($1.04B), and Mexico ($606M).

Imports In 2022, United States imported $159B in Cars, becoming the 1st largest importer of Cars in the world. At the same year, Cars was the 2nd most imported product in United States. United States imports Cars primarily from: Mexico ($34.1B), Japan ($32.9B), Canada ($27B), South Korea ($22.5B), and Germany ($17B).

The fastest growing import markets in Cars for United States between 2021 and 2022 were Mexico ($7.25B), South Korea ($4.91B), and Germany ($3.82B).

COMPANIES In 2023, leading companies such as SAMSUNG ELECTORNICS AMERICA, INC. (1.77k), VOLKSWAGEN GROUP OF AMERICA INC. (803), and IKEA SUPPLY AG (720) were at the forefront of shipping Cars to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$193M(3.41%)
IMPORT GROWTH (March 2023 - March 2024)$575M(3.42%)
MAIN EXPORTER (March 2024)Alabama$1.1B
MAIN DESTINATION (March 2024)Canada$1.7B

This section shows Cars's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Cars over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$57.5B
IMPORTS (2022)$159B
NET TRADE (2022)-$102B

In 2022, United States exported $57.5B in Cars. The main destinations of United States exports on Cars were Canada ($16.9B), Germany ($6.75B), China ($5.73B), South Korea ($3.81B), and Mexico ($3.35B).

In 2022, United States imported $159B in Cars, mainly from Mexico ($34.1B), Japan ($32.9B), Canada ($27B), South Korea ($22.5B), and Germany ($17B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$2.85B (20.3%)
United Arab Emirates$1.04B (56.3%)
Mexico$606M (22.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY United States WERE (2021 - 2022):
China-$1.17B (-16.9%)
Nigeria-$1.07B (-64.8%)
Russia-$751M (-93.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Cars were:
In 2022, United States's main importing competitors in Cars were:
Germany $67.7B
China $45.8B

Explore Visualizations

Trade Value of Cars by Exporters

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