Global sales from auto parts exports by country
totaled US$385.4 billion in 2017.
Overall, the value of auto parts exports rose by
an average 5.8% for all exporting countries since 2013 when auto parts
shipments were valued at $364.4 billion. The value of global automotive parts
exports accelerated by 6.6% from 2016 to 2017.
Among continents, European countries generated
the highest dollar worth of automotive parts exports during 2017 with shipments
valued at $185.1 billion or 48% of the global total. Second-place Asia supplied
29.2% followed by North American shipments at 21.4%. Latin America (excluding
Mexico) plus the Caribbean shipped 0.9% of the worldwide total trailed by
Africa (0.3%) and Oceania (0.2%) with even smaller shares.
The 4-digit Harmonized Tariff System code prefix
for motor vehicle parts and accessories is 8708.
Automotive Parts Exports
by Country
Below are the 15 suppliers that exported the highest dollar value
worth of automotive parts during 2017:
1. Germany: US$62.5 billion (16.2% of exported auto parts)
2. United States: $44.9 billion (11.7%)
3. Japan: $34.5 billion (9%)
4. China: $31 billion (8.1%)
5. Mexico: $26.9 billion (7%)
6. South Korea: $19.5 billion (5.1%)
7. France: $15.5 billion (4%)
8. Czech Republic: $14.6 billion (3.8%)
9. Italy: $13.7 billion (3.5%)
10. Poland: $12.4 billion (3.2%)
11. Spain: $10.8 billion (2.8%)
12. Canada: $10.5 billion (2.7%)
13. Thailand: $7.7 billion (2%)
14. Romania: $7.4 billion (1.9%)
15. United Kingdom: $6.6 billion (1.7%)
The listed 15 countries shipped 82.7% of all auto parts exports in
2017 (by value).
Among the above countries, the fastest-growing auto parts exporters since 2013
were: Romania (up 62.6%), Mexico (up 31.1%), Poland (up 28.9%), Czech Republic
(up 26.1%) and China (up 21.7%).
Five countries posted declines in their exported auto parts sales namely South
Korea (down -18.1%), France (down -10.7%), Italy (down -9%), Japan (down -2.1%)
and Spain (down -0.6%).
