Global Automotive Market Outlook

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GLOBAL AUTOMOTIVE MARKET OUTLOOK
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Key Highlights
European Union Countries lead the global
automotive industry. Cars are the 4th most
traded goods in the world. Germany is the
leading car exporter in the world. Whereas, the
United States is the top importer of cars in the
world. China is the top exporter of light weight
vehicles worldwide. Also, the demand for
Electric Vehicles is continuously increasing.
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Global Automotive Market Trade 2022

• Top Car Exporters
• Germany (136 B)
• Japan (89 B)
• United States (55 B)
• South Korea (45 B)
• Mexico (42 B)

• Leading Automotive Products Exporters
• European Union Countries (685 B)
• Japan (136 B)
• United States (125 B)
• Mexico (118 B)
• China (93 B)

• Top Car Importers
• United States (138 B)
• Germany (72 B)
• China (48 B)
• France (40 B)
• United Kingdom (34 B)

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Electric Vehicles Market 2022
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Key Highlights
In the earlier phase, the EV market was dominated
by the USA's Tesla. USA's Tesla had over 74
share of global EV exports. But now, the trend
has shifted to Germany, China, South Korea and
Belgium. In 2021, China exported around 1.5
Billion worth of Electric cars. Whereas South
Korea covered over 9 share of the Global EV
Market.
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• Top Electric Cars Exporters
• China (7.5 Billion)
• Germany (6.5 Billion)
• South Korea (4.2 Billion)
• Belgium (3.3 Billion)
• Czech Republic (2.4 Billion)

• Top Electric Cars Importers
• Germany (8.8 Billion)
• Belgium (6.5 Billion)
• United Kingdom (6.2 Billion)
• Norway (5.5 Billion)
• United States (5.3 Billion)

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Leading EV Manufacturing Companies

• BMW (Germany)
• BYD Auto (China)
• Daimler AG (Germany)
• Ford Motor Company (United States)
• General Motors (United States)

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Indias Car Exim Report 2022
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India's Top Cars by Exports
Maruti Suzuki Dzire
Baleno
Maruti Suzuki Swift
Hyundai Creta
Kia Seltos
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Top Markets For India's Cars ExportsSouth Africa
(978M) Mexico (845M) Saudi Arabia
(544M) United States (432M) Chile (374M)
Top Car Exporters to IndiaChina (56M)Germany
(51M)United Kingdom (47M)Singapore
(30M)Japan (28M)
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