Overall, the value of auto parts exports grew via an average 14.8% gain for all exporting countries since five years earlier in 2019 when auto parts shipments were valued at $395.6 billion.
Year over year, the value of globally exported automotive parts or accessories increased by 7.4% starting from $422.6 billion during 2022.
The top 5 auto parts exporters are Germany, mainland China, United States of America, Mexico and Japan. Collectively, those major suppliers generated over half (51.8%) of the total value of all exported automobile parts and accessories in 2023.
Among continents, European countries sold the highest dollar worth of automotive parts exports during 2023 with shipments valued at $209 billion or 46% of the worldwide total. Suppliers in second-place Asia supplied 30% followed by North American shippers finishing with another 22.3%.
Tinier percentages came from providers in Latin America (0.8%) excluding Mexico but including the Caribbean, Africa (0.6%), and Oceania (0.2%) led by Australia.
For research purposes, 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 2023.
- Germany: US$66.5 billion (14.6% of exported auto parts)
- mainland China: $53.3 billion (11.7%)
- United States: $47.5 billion (10.5%)
- Mexico: $40.5 billion (8.9%)
- Japan: $27.2 billion (6%)
- South Korea: $19.4 billion (4.3%)
- Poland: $18 billion (4%)
- Czech Republic: $16.9 billion (3.7%)
- Italy: $16.3 billion (3.6%)
- France: $14.8 billion (3.3%)
- Canada: $13.4 billion (3%)
- Spain: $12 billion (2.6%)
- Hungary: $9.7 billion (2.1%)
- Thailand: $8.6 billion (1.9%)
- Romania: $7.8 billion (1.7%)
By value, the listed 15 countries shipped 81.9% of globally exported auto parts in 2023.
Among the top exporters, the fastest-growing auto parts exporters since 2021 were: Hungary (up 24.4%), Poland (up 19.4%), Spain (up 17.8%) and Czech Republic (up 16.8%).
Two countries posted declines in their exported auto parts sales namely suppliers in Japan (down -6.4% from 2022) and South Korea (down -2.5%).
Searchable List of Automotive Parts Exporting Countries in 2023
The 100 key exporters of automobile parts or accessories described in the database below represent 99.99% of the value for all related products shipped in 2023.
Rank | Exporter | Auto Part Exports | 2022-3 |
---|---|---|---|
1. | Germany | $66,456,520,000 | +8.1% |
2. | mainland China | $53,329,321,000 | +7.2% |
3. | United States | $47,486,369,000 | +16.6% |
4. | Mexico | $40,503,809,000 | +6.8% |
5. | Japan | $27,228,681,000 | -6.4% |
6. | South Korea | $19,431,948,000 | -2.5% |
7. | Poland | $18,010,775,000 | +19.4% |
8. | Czech Republic | $16,917,053,000 | +16.8% |
9. | Italy | $16,261,085,000 | +9.8% |
10. | France | $14,844,909,000 | +13.6% |
11. | Canada | $13,400,676,000 | +4.5% |
12. | Spain | $11,996,259,000 | +17.8% |
13. | Hungary | $9,676,109,000 | +24.4% |
14. | Thailand | $8,608,372,000 | +2.2% |
15. | Romania | $7,753,446,000 | +15.5% |
16. | Türkiye | $7,227,804,000 | +10.5% |
17. | Belgium | $7,183,877,000 | -4.8% |
18. | India | $7,042,777,000 | +5.7% |
19. | Slovakia | $6,965,876,000 | +28.5% |
20. | United Kingdom | $5,423,715,000 | +7.2% |
21. | Austria | $5,271,333,000 | +12.3% |
22. | Sweden | $5,232,639,000 | +10.3% |
23. | Netherlands | $4,995,843,000 | +15.7% |
24. | Taiwan | $4,387,058,000 | -21.6% |
25. | Portugal | $3,628,966,000 | +12% |
26. | Brazil | $2,983,662,000 | +17.9% |
27. | Vietnam | $2,267,540,000 | +27.7% |
28. | Indonesia | $2,037,795,000 | +1.7% |
29. | Singapore | $1,806,831,000 | +3.7% |
30. | Slovenia | $1,395,008,000 | +16.3% |
31. | Morocco | $1,377,965,000 | +37.5% |
32. | Switzerland | $1,213,797,000 | +13.2% |
33. | Malaysia | $1,155,108,000 | -2.4% |
34. | Denmark | $832,012,000 | -2.3% |
35. | Philippines | $810,316,000 | +0.1% |
36. | Serbia | $774,364,000 | +53.2% |
37. | Australia | $757,109,000 | -2.3% |
38. | South Africa | $705,858,000 | +3.5% |
39. | Norway | $541,652,000 | +0.3% |
40. | Tunisia | $512,630,000 | +36.9% |
41. | Lithuania | $484,251,000 | +17.6% |
42. | Finland | $368,079,000 | +15.7% |
43. | Croatia | $358,941,000 | +11.4% |
44. | Bulgaria | $342,735,000 | +24% |
45. | Luxembourg | $290,891,000 | +19.5% |
46. | Russia | $286,327,000 | -29.1% |
47. | Hong Kong | $285,659,000 | -0.6% |
48. | Latvia | $281,501,000 | -5.6% |
49. | Argentina | $276,842,000 | -14.9% |
50. | North Macedonia | $252,294,000 | -0.9% |
51. | United Arab Emirates | $248,255,000 | -93.6% |
52. | Ireland | $231,528,000 | +23.1% |
53. | Bosnia/Herzegovina | $227,072,000 | +23.2% |
54. | Estonia | $217,496,000 | +8.6% |
55. | Panama | $187,956,000 | -16.1% |
56. | Greece | $143,966,000 | +18.6% |
57. | Chile | $122,590,000 | +4.7% |
58. | Kazakhstan | $104,694,000 | +119.8% |
59. | Honduras | $72,613,000 | -10.9% |
60. | Uruguay | $51,292,000 | +37% |
61. | Uzbekistan | $47,365,000 | +6.5% |
62. | New Zealand | $46,386,000 | +10.4% |
63. | Colombia | $46,268,000 | -3.5% |
64. | Kyrgyzstan | $46,207,000 | +5% |
65. | Israel | $45,247,000 | -33.8% |
66. | Oman | $44,478,000 | -84.3% |
67. | Belarus | $40,822,000 | -36.2% |
68. | Cambodia | $36,843,000 | +107.9% |
69. | Ukraine | $31,340,000 | -25.5% |
70. | Peru | $25,905,000 | -9.1% |
71. | Moldova | $24,744,000 | +55.9% |
72. | Pakistan | $20,618,000 | -12.3% |
73. | Albania | $20,150,000 | +26069% |
74. | Armenia | $17,792,000 | +10.7% |
75. | Saudi Arabia | $14,014,000 | -55.4% |
76. | Jordan | $13,205,000 | -61.3% |
77. | Egypt | $12,924,000 | +93.1% |
78. | El Salvador | $12,167,000 | +3.2% |
79. | Dominican Republic | $11,910,000 | -9.5% |
80. | Iran | $11,199,000 | -79.9% |
81. | Nigeria | $9,971,000 | -79.4% |
82. | Bahrain | $8,593,000 | -86.4% |
83. | Zambia | $8,372,000 | -12.4% |
84. | Guatemala | $8,090,000 | -14.4% |
85. | Cyprus | $6,435,000 | +10.6% |
86. | Sri Lanka | $5,708,000 | -16.3% |
87. | Botswana | $5,627,000 | -25.5% |
88. | Curaçao | $5,339,000 | +2467% |
89. | Myanmar | $4,986,000 | -13% |
90. | Ivory Coast | $4,856,000 | +20.1% |
91. | Mongolia | $4,628,000 | +123% |
92. | Georgia | $4,554,000 | +150.1% |
93. | Costa Rica | $4,432,000 | +58.3% |
94. | Namibia | $4,397,000 | -28.3% |
95. | Montenegro | $3,806,000 | +1739% |
96. | Kenya | $3,719,000 | +3.9% |
97. | Malta | $3,583,000 | -24.8% |
98. | Kuwait | $3,367,000 | -88.5% |
99. | Laos | $3,359,000 | +2.9% |
100. | Burkina Faso | $3,247,000 | +214.9% |
Widening the scope to the 100 major auto parts suppliers, the fastest-growing exporters of automotive parts from 2022 to 2023 are Albania (up 26,069%), Curaçao (up 2,467%), Montenegro (up 1,739%), Burkina Faso (up 214.9%) and Georgia (up 150.1%).
You can change the presentation order by clicking the triangle icon at the top of any of the columns above. An entry of 0% in the right-most column means that no 2022 data was available.
Countries Enjoying Biggest Automotive Parts Trade Surpluses
The following countries posted the highest positive net exports for automotive parts during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s automotive parts exports and its import purchases for that same commodity.
- mainland China: US$31.9 billion (net export surplus up 30% since 2022)
- Germany: $19.6 billion (down -9.5%)
- Japan: $18.8 billion (down -12.4%)
- South Korea: $14.4 billion (down -3.9%)
- Mexico: $8.1 billion (down -3.8%)
- Poland: $6.6 billion (up 7.4%)
- Italy: $5.5 billion (down -0.1%)
- Czech Republic: $4.2 billion (up 23.2%)
- Taiwan: $2.5 billion (down -33.7%)
- Romania: $2.4 billion (up 18.4%)
- Hungary: $1.8 billion (up 60.4%)
- Thailand: $1.7 billion (up 6.2%)
- India: $1.1 billion (down -9.9%)
- Slovenia: $543.5 million (up 18.4%)
- Philippines: $438.7 million (up 41.4%)
Mainland China, Germany and Japan generated the highest surpluses in the international trade of automotive parts. In turn, those positive cashflows confirm those countries’ strong competitive advantages for this specific product category.
Countries with Worst Automotive Parts Trade Deficits
The following countries posted the highest negative net exports for automotive parts during 2023. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s automotive parts import purchases and its exports for that same commodity.
- United States: -US$40.3 billion (net export deficit down -11.3% since 2022)
- Slovakia: -$8.6 billion (up 20.2%)
- United Kingdom: -$7.8 billion (up 21.3%)
- Canada: -$6.8 billion (up 65.5%)
- France: -$4.5 billion (up 12.8%)
- Brazil: -$4.2 billion (down -15.2%)
- Argentina: -$4.1 billion (up 28.3%)
- Spain: -$3.6 billion (down -38.6%)
- United Arab Emirates: -$3.6 billion (reversing a $532.4 million surplus)
- Russia: -$3.1 billion (down -4.6%)
- Malaysia: -$2.9 billion (up 14.5%)
- Belgium: -$2.88 billion (up 16.4%)
- Netherlands: -$2.3 billion (up 3.4%)
- Australia: -$1.7 billion (down -4.4%)
- Indonesia: -$1.6 billion (down -24.3%)
The United States of America racked up the highest deficit in the international trade of automotive parts. In turn, this negative cashflow confirms America’s strong competitive disadvantage for this specific product category but also signals opportunities for automotive parts-supplying countries that help satisfy the powerful demand from American consumers and businesses.
Automotive Parts Exporting Companies
Crain Communications Inc’s Automotive News supplement ranks the following manufacturers as among the world’s largest automotive parts manufacturers. These companies are known as original equipment manufacturers (OEMs) which means they are subcontractors to the original vehicle creators. Shown within parenthesis is the country where the company is headquartered.
- Aisin Seiki Co (Japan)
- Continental AG (Germany)
- Denso Corp (Japan)
- Faurecia (France)
- Hyundai Mobis (South Korea)
- Johnson Controls Inc (United States)
- Lear Corp (United States)
- Magna International Inc (Canada)
- Robert Bosch GmbH (Germany)
- ZF Friedrichshafen AG (Germany)
The above list is sorted in alphabetical order.
See also Automotive Parts Imports by Country, Germany’s Top Trading Partners, Car Exports by Country and Electric Car Exports by Country
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on July 23, 2024
Crain Communications Inc, Top Suppliers – Supplement to Automotive News (June 15, 2019). Accessed on July 23, 2024
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on July 23, 2024
International Trade Centre, Trade Map. Accessed on July 23, 2024
Investopedia, Net Exports Definition. Accessed on July 23, 2024
Wikipedia, Category:Auto parts suppliers. Accessed on July 23, 2024