In 2023, Germany led the global export market for motor vehicle mountings and fittings of base metal, with a value of 1.4258 billion USD, representing a year-on-year increase of 1.79%. The United States followed closely, with exports valued at 1.212 billion USD and a 2.5% growth. South Korea and Canada, with exports worth 0.62169 billion USD and 0.59787 billion USD respectively, also demonstrated significant growth rates at 5.31% and 3%. Several countries, like Poland (-11.9%) and Spain (-1.65%), experienced declines. Higher growth rates were noted in emerging markets such as Mongolia (109.77%) and Zambia (83.81%).
Future trends in the global export market for motor vehicle mountings are expected to be influenced by technological advancements, shifts in automotive manufacturing hubs, and evolving global trade policies. Continued growth can be anticipated in emerging markets, while established markets might experience moderate growth or stabilization.
Top countries in Export of Motor Vehicle Mountings, Fittings of Base Metal by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,425,800,000 | 2023 | +1.56% | +1.79% | View data |
| 2 | 2 United States | 1,212,000,000 | 2023 | +2.62% | +2.5% | View data |
| 3 | 3 South Korea | 621,690,000 | 2023 | +5.14% | +5.31% | View data |
| 4 | 4 Canada | 597,870,000 | 2023 | +2.49% | +3% | View data |
| 5 | 5 Thailand | 443,160,000 | 2023 | +2.8% | +3.7% | View data |
| 6 | 6 Mexico | 372,740,000 | 2023 | +3.06% | +4.53% | View data |
| 7 | 7 Japan | 211,870,000 | 2023 | +1.69% | +0.59% | View data |
| 8 | 8 Czech Republic | 204,450,000 | 2023 | +2.94% | +0.71% | View data |
| 9 | 9 Poland | 190,240,000 | 2023 | -0.9% | -11.9% | View data |
| 10 | 10 France | 133,000,000 | 2023 | +1.22% | +1.28% | View data |
