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 accounts for 70% of the world's operational high-speed rail, with a network that connects every major city and carries a billion passengers.
China dominates steel production, accounting for 53% of global output and nearly 1 in 5 dollars of steel exports in 2024.