Global automobile export value 2024| ��ƽ��

Export value of automobiles worldwide from 2018 to 2024

Characteristic	Trade value in billion U.S. dollars
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Release date

April 2026

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Region

Worldwide

Survey time period

2018 to 2024

Supplementary notes

The date of release is the date of access.

Figures have been rounded.

The analysis focuses on HS heading 8703, which covers motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 8702), including station wagons and racing cars.

Within this category, the dataset includes several 6-digit subcodes (leaf level) such as: 870321–870324: Vehicles with spark-ignition internal combustion engines, differentiated by engine capacity.

To avoid double counting, only leaf-level (most detailed) HS codes were used.

Citation formats

Global exports of passenger cars with spark-ignition internal combustion engines showed a mixed development between 2018 and 2024. In 2018, exports amounted to approximately *** billion U.S. dollars, followed by a slight decline to around *** billion U.S. dollars in 2019. In 2020, exports dropped significantly to about *** billion U.S. dollars, reflecting disruptions in global trade and automotive production.

A gradual recovery followed, with export values rising to roughly *** billion U.S. dollars in 2021 and *** billion U.S. dollars in 2022. Exports rebounded strongly in 2023, reaching approximately *** billion U.S. dollars. However, in 2024,values declined again to around *** billion U.S. dollars.

Overall, the period is characterized by a sharp pandemic-related contraction and a subsequent, though uneven, recovery.