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850650 (Harmonized System 1996 for 6-digit)

2023
World Trade $3.76BRnk 954 / 4766
2023
Top Exporter | Top Importer $986M | $482MChina | United States
2023
Product Complexity 1.17Rnk 516 / 4780
2022 - 2023
Export Growth (CAGR) -7.2%Rnk 2436 / 4766
2023
Share of World Trade 0.017%Rnk 954 / 4766

About

Overview This page contains the latest trade data of Lithium Batteries. In 2023, Lithium Batteries were the world's 954th most traded product, with a total trade of $3.76B. Between 2022 and 2023 the exports of Lithium Batteries decreased by -7.2%, from $4.05B to $3.76B. Trade in Lithium Batteries represent 0.017% of total world trade.

Lithium Batteries are a part of Cells and batteries; primary.

Exports In 2023 the top exporters of Lithium Batteries  were China ($986M), United States ($435M), Indonesia ($339M), Singapore ($318M), and Japan ($247M).

Imports In 2023 the top importers of Lithium Batteries were United States ($482M), Germany ($293M), Mexico ($222M), Malaysia ($219M), and Singapore ($205M).

Ranking Lithium Batteries ranks 516th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Lithium Batteries. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$986M
Top Destination (2023)United States$482M

In 2023 Lithium Batteries were the world's 954th most traded product (out of 4,766).

In 2023, the top exporters of Lithium Batteries were China ($986M), United States ($435M), Indonesia ($339M), Singapore ($318M), and Japan ($247M).

In 2023, the top importers of Lithium Batteries were United States ($482M), Germany ($293M), Mexico ($222M), Malaysia ($219M), and Singapore ($205M).

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Exporters of Lithium Batteries (2023)
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Importers of Lithium Batteries (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$40.4M
Top Destination Growth (2022 -  2023)United States$57.5M

Between 2022 and 2023, the exports of Lithium Batteries grew the fastest in Hong Kong ($40.4M), Germany ($28.8M), France ($27.6M), United States ($24.5M), and Singapore ($19.8M).

Between 2022 and 2023, the fastest growing importers of Lithium Batteries were United States ($57.5M), Germany ($33.1M), Mexico ($27.6M), Norway ($17.1M), and Austria ($13.3M).

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Exporters of Lithium Batteries (2022 - 2023)

Importers of Lithium Batteries (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Lithium Batteries.

In 2023, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Lithium Batteries are explained by 15 countries.

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Value of Exports in Lithium Batteries

Net Trade

TOP NET EXPORTER (2023)China$825M
TOP NET IMPORTER (2023)Malaysia$197M

This map shows which countries export or import more of Lithium Batteries. Each country is colored based on the difference in exports and imports of Lithium Batteries during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Lithium Batteries were China ($825M), Indonesia ($311M), Japan ($196M), Israel ($122M), and South Korea ($120M).

In 2023, the countries that had a largest trade value in imports than in exports of Lithium Batteries were Malaysia ($197M), Mexico ($187M), Hong Kong ($79.4M), United Kingdom ($76.3M), and Switzerland ($74.9M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Lithium Batteries.
It is possible to select the main countries that export or import Lithium Batteries in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Lithium Batteries by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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