The major purpose of such batteries is to make electronic devices like cell phones, tablets, and laptops fully functioning. These globally popular lithium batteries are found in two categories in the market one is Lithium-ion and another is Lithium polymer; both are used in different electronics. Lithium Polymers are used in drones and remote control devices whereas Lithium ions are used in electronic devices. The demand for this product is increasing at a global rate mainly because of its beneficial nature like relatively higher density and more energy storage per unit mass.

As the use of lithium batteries has been made necessary in almost all industrial equipment, the global demand for these batteries is increasing at a rapid rate. The investment of the government authorities in advanced technology and cleaner energy sources has increased the production rate by 1.5 trillion US dollars in 2023 with an import trade rate of 116.6 billion US dollars according to the Lithium Battery Customs Shipment Data.

Top Exporters of Lithium Battery 2023

From powering laptops and smartphones to generating energy, lithium batteries have become a very significant player in the daily lives of humans. Due to the increased demands, industries worldwide are focusing more on their production rate to cater to economic growth to a great extent. According to the Global Lithium Battery Trade Data, the top exporting countries of lithium batteries in 2023 are discussed below,

• China – Total Export Rate of Lithium Battery in 2023 – 27 billion US dollars, Total share in trade – 65%

• United States – Total Export Rate of Lithium Battery in 2023 – 12 billion US dollars, Total share in trade – 20%

• Japan – Total Export Rate of Lithium Battery in 2023 – 9 billion US dollars, Total share in trade – 10%

• South Korea – Total Export Rate of Lithium Battery in 2023 – 8 billion US dollars, Total share in trade – 9%

• Germany – Total Export Rate of Lithium Battery in 2023 – 6 billion US dollars, Total share in trade – 5%

• Australia – Total Export Rate of Lithium Battery in 2023 – 5 billion US dollars, Total share in trade – 3%

• France – Total Export Rate of Lithium Battery in 2023 – 3 billion US dollars, Total share in trade – 2.5%

• Singapore – Total Export Rate of Lithium Battery in 2023 – 2 billion US dollars, Total share in trade – 2%

• Canada – Total Export Rate of Lithium Battery in 2023 – 1 billion US dollars, Total share in trade – 1%

• United Kingdom – Total Export Rate of Lithium Battery in 2023 – 900 million US dollars, Total share in trade – 1%

Top Importers of Lithium Battery 2023

Despite the large production rate in many industrial sectors, the top traders are still importing a massive amount of lithium batteries to stabilize the production and consumption rate. The Global Lithium Battery Export Import Data enlists the below-mentioned countries as the top importers of lithium batteries in 2023,

• China - Total Import Rate of Lithium Battery in 2023 – 38 billion US dollars, Total trade share – 60%

• United States - Total Import Rate of Lithium Battery in 2023 – 23 billion US dollars, Total trade share – 18%

• Japan - Total Import Rate of Lithium Battery in 2023 – 11 billion US dollars, Total trade share – 11%

• South Korea - Total Import Rate of Lithium Battery in 2023 – 9 billion US dollars, Total trade share – 9%

• Germany - Total Import Rate of Lithium Battery in 2023 – 7 billion US dollars, Total trade share – 8%

• France - Total Import Rate of Lithium Battery in 2023 – 4 billion US dollars, Total trade share – 6%

• United Kingdom - Total Import Rate of Lithium Battery in 2023 – 3.8 billion US dollars, Total trade share – 4%

• India - Total Import Rate of Lithium Battery in 2023 – 2 billion US dollars, Total trade share – 3%

• Canada - Total Import Rate of Lithium Battery in 2023 – 1.5 billion US dollars, Total trade share – 2%

• Italy - Total Import Rate of Lithium Battery in 2023 – 1 billion US dollars, Total trade share – 1%

Top Leading Lithium Battery-producing Companies

The Lithium Battery Customs Data enlists the below-mentioned companies as the top 10 producers. With the involvement of advanced technologies the production rates are getting exponential growth, the total production rates for 2023 are discussed below,

• Contemporary Amperex Technology Co Limited – Headquartered in China – Total production value of 2023 – 292 billion US dollars.

• Panasonic Corporation – Headquartered in Japan-Total production value of 2023 – 64 billion US dollars.

• LG Chem Ltd – Headquartered in South Korea-Total production value of 2023 – 54 billion US dollars.

• BYD Company Limited – Headquartered in China-Total production value of 2023 – 49 billion US dollars.

• Samsung SDI Co., Ltd– Headquartered in South Korea production value of 2023 – 40 billion US dollars.

• Johnson Controls International PLC – Headquartered in Ireland-Total production value of 2023 – 29 billion US dollars.

• GS Yuasa Corporation – Headquartered in Japan-Total production value of 2023 – 18 billion US dollars.

• Hitachi Chemical Co., Ltd – Headquartered in Tokyo-Total production value of 2023 – 16 billion US dollars.

• Tianjin Lishen Battery Joint - Stock Co., Ltd– Headquartered in China production value of 2023 – 12 billion US dollars.

• Toshiba Corporation – Headquartered in Japan-Total production value of 2023 – 8 billion US dollars.

FAQ’s

Que. What is the total production rate of lithium batteries in 2023?
Ans. The production rate of lithium batteries has recorded a rate of 1.5 trillion US dollars.

Que. Name the globally leading Lithium battery production company.
Ans. Contemporary Amperex Technology Co Limited is the leading lithium battery production company.

Que. What is the total import trade rate of lithium batteries in 2023?
Ans. The total import trade rate of lithium batteries in 2023 is 116.6 billion US dollars.

Que. Where can you get the trade statistics for the Lithium battery trade in 2023?
Ans. At Import Globals, you can get a detailed trade analysis of lithium batteries in 2023.

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