In 2023, Germany led global exports of clutches and parts thereof for motor vehicles with significant export value. The United States, Hungary, and China followed. Notable trends include strong growth in South Korea and China, while nations like Brazil and Switzerland experienced declines. Emerging economies like Poland and Bulgaria showed impressive CAGR figures, indicating steady growth over recent years.
Future trends to watch include the shift towards electric vehicle production, impacting clutch demand, and increasing geopolitical tensions risking trade disruptions. Technological advancements in automotive parts could alter export dynamics, benefiting countries with advanced manufacturing capabilities.
Top countries in Export of Clutches and Parts Thereof for Motor Vehicles by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,217,900,000 | 2023 | +2.09% | +2.43% | View data |
| 2 | 2 United States | 1,232,300,000 | 2023 | +3.22% | +3.06% | View data |
| 3 | 3 Hungary | 1,072,900,000 | 2023 | +3.05% | +3.3% | View data |
| 4 | 4 China | 902,540,000 | 2023 | +2.86% | +3.18% | View data |
| 5 | 5 Japan | 855,920,000 | 2023 | +0.66% | +0.63% | View data |
| 6 | 6 Canada | 594,370,000 | 2023 | +3.38% | +3.81% | View data |
| 7 | 7 South Korea | 560,160,000 | 2023 | +3.3% | +5.26% | View data |
| 8 | 8 France | 544,100,000 | 2023 | +2.8% | +2.17% | View data |
| 9 | 9 Slovakia | 515,300,000 | 2023 | +3.46% | +3.42% | View data |
| 10 | 10 Italy | 409,940,000 | 2023 | +3.25% | +3.08% | View data |