Top Five Largest Car Exporters in the World and the Countries they Export To
By: Gokul Menon January, 14, 2020
The United States of America is among the top five leading exporters of new passenger vehicles and light trucks. It ranks third globally in this list, behind Germany and Japan, in terms of the value of automobile exports. In terms of production, the U.S. ranks second in the world. The top 5 countries in terms of the value of automobile exports are:
Germany- $158 Billion
Japan- $102 Billion
United States of America - $56 Billion
Canada- $46.5 Billion
Mexico- $45.1 Billion
The U.S. is the third-largest exporter of cars in the world. It also features in the list of countries that import cars from Germany, Japan, Canada, and Mexico. In fact, it is the largest importer of cars from these four countries.
Gavop through the above infographic rounds up the top ten countries that these countries exports cars to.
FREIGHT INSURANCE:
Rough handling by carriers, weather hazards, and other common hazards are what companies insure themselves against. Goods can be insured under marine cargo insurance or air freight insurance. This is necessary to protect oneself from losses that could incur during transportation.
ABOUT THE AUTHOR
Gokul Menon
Gokul works as a writer at Gavop. He holds an M.A. in Comparative Literature from the University of Hyderabad and a Bachelor’s in English from Madras Christian College. He has been a part of a couple of theatre groups, like Masquerade Youth Theatre and Theatre No. 59 and enjoyed being a part of Literary and Debating circles in Chennai. Gokul is an avid reader and has presented a few academic papers. He spends more time on Goodreads, than on any other social media platform.
