Export News
2026-06-12
Global exports of fully electric passenger vehicles reached US$157.6 billion in 2025, underscoring the rapid expansion of the electric mobility sector worldwide.
Compared with US$60.8 billion in 2021, international sales of electric cars increased by an impressive 65.4% over the five-year period. Year over year, export revenues grew 12.3%, rising from US$140.4 billion in 2024.
Electric vehicles continue to capture a growing share of the global automotive market. Out of the US$980 billion generated by worldwide exports of all vehicle types in 2025, electric cars accounted for 16.1% of total export revenues. This represents a significant increase from their 8.3% share recorded in 2021.
The leading exporters of electric vehicles in 2025 were Germany, China, Belgium, Mexico, and South Korea. Together, these five countries supplied 73.2% of global electric vehicle export value, highlighting their dominant position in the rapidly evolving EV industry.

Electric Vehicle Exports by Region
Europe remained the world's largest exporting region for electric cars in 2025. European countries shipped electric vehicles valued at US$91.8 billion, representing 58.2% of global exports.
Asia ranked second with a 33.2% share of worldwide EV exports, while North America contributed 8.4%, down from 11.2% one year earlier.
Other regions accounted for only a small portion of global electric vehicle trade:
· Africa: 0.2%
· Oceania: 0.04%, mainly Australia and New Zealand
· Latin America (excluding Mexico): 0.01%
For customs classification and trade analysis, fully electric passenger vehicles are categorized under HS Code 870380, which covers motor vehicles powered exclusively by electric motors. This classification was introduced in 2017, allowing electric vehicle trade to be tracked separately from conventional automobiles.
Leading Electric Car Exporters by Country
The following countries recorded the highest export values for electric vehicles during 2025:
1. Germany — US$45.5 billion (28.9%)
2. China — US$36.4 billion (23.1%)
3. Belgium — US$15.8 billion (10.0%)
4. Mexico — US$8.9 billion (5.7%)
5. South Korea — US$8.7 billion (5.5%)
6. Czech Republic — US$8.2 billion (5.2%)
7. Japan — US$5.0 billion (3.2%)
8. France — US$4.3 billion (2.7%)
9. United States — US$3.7 billion (2.4%)
10. Slovakia — US$2.8 billion (1.8%)
11. Spain — US$2.7 billion (1.7%)
12. Slovenia — US$2.4 billion (1.5%)
13. Hungary — US$1.7 billion (1.1%)
14. United Kingdom — US$1.6 billion (1.0%)
15. Italy — US$1.2 billion (0.8%)
Together, these 15 countries accounted for 94.6% of all electric vehicle exports worldwide in 2025.
Fastest-Growing Electric Vehicle Exporters
Several countries achieved remarkable export growth compared with 2024. The strongest performers included:
· Slovakia: +329.0%
· Czech Republic: +88.3%
· France: +52.2%
· Slovenia: +32.8%
These impressive gains reflect the rapid expansion of EV production capacity and growing international demand for electric vehicles.
Countries Experiencing Export Declines
Not every major exporter benefited from rising sales. Several countries reported lower electric vehicle export revenues compared with the previous year:
· United States: -32.0%
· United Kingdom: -26.6%
· Japan: -24.9%
· Spain: -23.6%
· South Korea: -13.8%
Despite these declines, each remained an important player in the global EV market.
Leading Electric Vehicle Exporting Companies in 2025
According to Tendata export data, the following companies ranked among the world's top exporters of electric vehicles in 2025: >>Find More Electric Vehicle Exporters via Tendata
1. SUZUKI MOTOR CORPORATION — 9.19% market share (US$366.89 million)
2. Chery Automobile Co., Ltd. — 4.54% (US$181.12 million)
3. BYD (H.K.) CO. LIMITED — 3.31% (US$132.25 million)
4. BYD H K CO LIMITED — 3.27% (US$130.48 million)
5. Guangxi Haoling Automotive Technology Company Limited — 3.11% (US$124.01 million)
6. PT HLI GREEN POWER — 2.83% (US$113.10 million)
7. BYD H K CO LTD — 2.59% (US$103.30 million)
8. SAIC MAXUS AUTOMOTIVE CO., LTD. — 1.93% (US$77.05 million)
9. PEGATRON CORP. — 1.50% (US$60.03 million)
10. KIA CORPORATION — 1.39% (US$55.50 million)

These companies were among the key contributors to the global electric vehicle supply chain, exporting EVs and related products to international markets throughout 2025 as demand for sustainable transportation continued to grow.
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