5 Countries with Most Car Exports in the World

In this article, we are going to look at the 5 countries with the most car exports in the world. If you want to read more about the top car-exporting countries and check out our detailed analysis of the motor vehicles market, you can go to 15 Countries with Most Car Exports in the World.

5. Mexico

Value Of Motor Car Exports (2022): $46.92 Billion

Mexico ranks among the top 5 on our list of countries with the most car exports in the world. Many major car companies have car production and manufacturing facilities located in the country. The total worth of Mexico’s motor vehicle exports hit $46.92 billion in the year 2022. Mexico is also a major exporter of automotive parts.

4. South Korea

Value Of Motor Car Exports (2022): $51.68 Billion

South Korea is one of the top car-exporting countries. In 2022, the total value of motor car exports by South Korea reached a value of $51.68 billion. Some of the biggest South Korean automobile manufacturers include Hyundai Motor Company (KRX:005380) and Kia Corporation (KRX:000270).

3. United States

Value Of Motor Car Exports (2022): $57.85 Billion

The US ranks among the top 3 on our list of countries with the most car exports in the world. The US is home to a strong auto industry with major car manufacturing companies like General Motors Company (NYSE:GM) and Ford Motor Company (NYSE:F). The total worth of America’s motor vehicle exports hit $57.85 billion in the year 2022.

2. Japan

Value Of Motor Car Exports (2022): $86.57 Billion

Japan is an island nation and it ranks second on our list of countries with the most car exports in the world. As one of the biggest automotive producers in the world, Japan is home to a number of corporations that manufacture cars such as Toyota Motor Corporation (NYSE:TM), Honda Motor Co Ltd (NYSE:HMC), Nissan Motor Co., Ltd. (TYO:7201), and Mitsubishi Corporation (TYO:8058). Japan’s motor car exports in 2022 amounted to $86.57 billion.

1. Germany

Value Of Motor Car Exports (2022): $157.32 Billion

Germany tops our list of the 15 countries with the most car exports in the world. Germany is home to one of the world’s biggest automotive industries, and it plays a crucial role in the country’s economy. In 2022, the total value of motor car exports by Germany reached a value of $157.32 billion.

You can also take a look at 20 Countries That Produce the Most Oil In The World and 15 Best Auto Insurance Companies Heading into 2024.