Different government authorities worldwide have implemented trade policies for promoting clean energy and EV adoption. Electric vehicles are one of the most crucial vehicles exported globally because of their environment-friendly nature. Accompanied by this, the emerging market growth of automotive goods is also demanding other variants of vehicles, especially in Asia, Africa, and Latin America. The recent shift in global manufacturing hubs for the lower production cost and the skilled labor workforce engaged in manufacturing units have recorded a tremendous hike in the automobile produced in different central areas across the globe. Global advancements and savior innovation in autonomous and connected vehicles serving global acquisitions have also boosted annual valuations.

The recent increase in the domestic acquisitions of different leading traders worldwide has recorded the global automobile export in 2024 as 1.3 trillion US dollars. The geopolitical and economic strategies fostered by the diversification of export destinations have not only reduced dependence on specific markets but have also opened up new opportunities to mitigate risks associated with regional economic uncertainties.

The Leading Global Automobile Exports of 2024

The increase in the domestic acquisition of categorized tech-specified automobiles has indulged different trade destinations in investing services in the targeted category. According to the Global Automobile Export Data, the top 10 of its variants traded among different buyers and suppliers worldwide in 2024 are,

1. Toyota Corolla – The total global export trade value of Toyota Corolla in 2024 - 114 billion US dollars.

2. Ford F-Series – The total global export trade value of Ford F-Series in 2024 - 78 billion US dollars.

3. Volkswagen Golf – The total global export trade value of Volkswagen Golf in 2024 - 65 billion US dollars.

4. Honda Civic – The total global export trade value of Honda Civic in 2024 - 47 billion US dollars.

5. Nissan Qashqai/Rogue Sport – The total global export trade value of Nissan Qashqai/Rogue Sport in 2024 - 38 billion US dollars.

6. Hyundai Tucson – The total global export trade value of Hyundai Tucson in 2024 - 25 billion US dollars.

7. Chevrolet Silverado – The total global export trade value of Chevrolet Silverado in 2024 - 24 billion US dollars.

8. Kia Sportage – The total global export trade value of Kia Sportage in 2024 - 18 billion US dollars.

9. BMW 3 Series – The total global export trade value of BMW 3 Series in 2024 - 12 billion US dollars.

10. Mercedes-Benz C-Class – The total global export trade value of Mercedes-Benz C-Class in 2024 - 9 billion US dollars.

The Leading Global Automobile Exporters of 2024

To fulfill the growing domestic acquisitions of automobiles in different central areas across the globe, top trade leaders have started exporting more of its variants according to the categorized acquisitions. As per the Global Automobile Trade Data, the top 10 leading exporters of this specified commodity in 2024 are,

1. China - According to the China Export Data, the valuation of the automobiles exported in 2024 - 138 billion US dollars.

Top 5 exported variants

1. Tesla Model 3
2. Toyota Corolla
3. Mercedes-Benz S
4. Ford F-150
5. Chevrolet Silverado

2. Japan - According to the Japan Export Data, valuation of the automobiles exported in 2024 - 76 billion US dollars.

Top 5 exported variants

1. Rolls-Royce Phantom
2. Luxury Cars
3. Sports Cars
4. Hybrid Vehicles
5. Pickup Trucks

3. Germany - According to the Germany Export Data, the valuation of the automobiles exported in 2024 - 64 billion US dollars.

Top 5 exported variants

1. Mini Cooper
2. GMC Sierra
3. Land Rover Range Rover
4. Mazda CX
5. Tesla Model Y

4. United States - According to the USA Export Data, the valuation of the automobiles exported in 2024 - 48 billion US dollars.

Top 5 exported variants

1. Dodge Challenger
2. Subaru Outback
3. Audi Q5
4. Kia Telluride
5. Cadillac Escalade

5. South Korea - According to the South Korea Export Data, the valuation of the automobiles exported in 2024 - 37 billion US dollars.

Top 5 exported variants

1. Porsche Cayenne
2. Nissan Altima
3. Jeep Wrangler
4. Lexus RX - A
5. Volvo XC90

6. Mexico - According to the Mexico Export Data, valuation of the automobiles exported in 2024 - 28 billion US dollars.

Top 5 exported variants

1. Limousines
2. Station Wagons
3. Vans
4. Microcars
5. Minivans

7. Canada - According to the Canada Export Data, the valuation of the automobiles exported in 2024 - 24 billion US dollars.

Top 5 exported variants

1. Ford F-150
2. Toyota Corolla
3. Fire Trucks
4. Police Cars
5. Military Vehicles

8. Spain - According to the Spain Export Data, valuation of the automobiles exported in 2024 - 15 billion US dollars.

Top 5 exported variants

1. BMW 3 Series
2. Nissan Qashqai
3. Chevrolet Silverado
4. Honda Civic
5. Volkswagen Golf

9. United Kingdom - According to the United Kingdom Export Data, the valuation of the automobiles exported in 2024 - 12 billion US dollars.

Top 5 exported variants

1. Kia Sportage
2. Tesla Model S
3. Mazda CX-5
4. Mercedes-Benz C
5. Hyundai Tucson

10. India - According to the India Export Data, valuation of the automobiles exported in 2024 - 9 billion US dollars.

Top 5 exported variants

1. Hyundai Elantra
2. Land Rover Range
3. Audi A4
4. Jeep Wrangler
5. Renault Clio

FAQ'S

Que. What is the export trade value of automobiles exported globally in 2024?
Ans. The export trade value of automobiles exported globally in 2024 is 1.3 trillion US dollars.

Que. Name the top automobile exporter of 2024.
Ans. China dominates the leading automobile exporters of 2024.

Que. Where can you get a detailed trade analysis of the global automobile exports in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the global automobile exports in 2024.

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