The global export of buses sees China, Japan, and Germany as leaders, with China maintaining the top spot. In 2023, China saw a 3.22% increase in exports, while Japan and Germany experienced 1.91% and a modest 0.31% growth, respectively. Noticeable rises in Poland and Malaysia, with 4.12% and 8.12% growth, contrast with declines in South Korea and Mexico, both experiencing setbacks of -0.71% and -3.69%. Smaller markets, like Tanzania and Mozambique, emerged with significant percentage growth, indicating emerging market opportunities.
Future trends to watch include further growth in electronics-enhanced buses, especially from Asian exporters, and an increase in electric bus exports driven by environmental policies worldwide. Emerging markets in Africa and Southeast Asia could set new growth dynamics in global exports.
Top countries in Export of Buses by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,700,300,000 | 2023 | +2.97% | +3.22% | View data |
| 2 | 2 Japan | 2,545,600,000 | 2023 | +0.3% | +1.91% | View data |
| 3 | 3 Germany | 1,408,300,000 | 2023 | +0.17% | +0.31% | View data |
| 4 | 4 Poland | 1,305,300,000 | 2023 | +2.39% | +4.12% | View data |
| 5 | 5 United States | 1,146,500,000 | 2023 | +2.99% | +2.02% | View data |
| 6 | 6 Canada | 1,059,900,000 | 2023 | +3.47% | +3.45% | View data |
| 7 | 7 Czech Republic | 920,430,000 | 2023 | +2.95% | +3.13% | View data |
| 8 | 8 South Korea | 680,710,000 | 2023 | -1.54% | -0.71% | View data |
| 9 | 9 Belgium | 639,750,000 | 2023 | +0.86% | +0.8% | View data |
| 10 | 10 France | 550,840,000 | 2023 | +3.54% | +1.83% | View data |
