The Structure of Global Automotive Trade in 2024
The top ten exporters and importers of automotive products reveal a highly concentrated global trade system.
The top ten exporters and importers of automotive products reveal a highly concentrated global trade system.
Electric and hybrid vehicles are driving China’s export growth, accelerating overseas market penetration and compressing the response time available to legacy auto exporters.
China is for several years already the world’s leading producer of cars, and it looks set to soon become the world’s leading exporter of cars as well.