Germany is the World’s No. 1 Automobile Exporter By Far

The world’s top ten automobile exporters are still primarily developed economies, even though the developed world, led by China, is quickly closing the gap. In 2011, the top 10 exporters worldwide accounted for 70 percent of the world’s total automobile export value.

Of these, Germany is the chief exporter by some distance. Europe’s economic powerhouse exported an impressive $245.4 billion worth of automobiles in 2011. During the same year, Germany reported $104.1 billion of vehicle imports.

Even though the United States imported a massive $211.6 billion of automobiles in 2011, it was still the world’s second strongest country in terms of exports. By the end of 2011, U.S. auto exports reached $119.7 billion.

Japan rounds off the top three – Japanese automobile exports amounted to $150 billion during the same year. Meanwhile, imports reached just $17 billion in comparison.