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Who buys China’s batteries? Export destinations 2024

In 2024, China exported $78 billion of batteries (3.9 million tonnes), 50.8% of the world total. Its main destinations were the United States (23%), Germany (18%) and South Korea (6%). China was the world’s largest exporter of batteries.

Summary

Value
$78billion
Tonnes
3.9million tonnes
Share of world total
50.8%
World rank
1st
Routes to the main destinations. Width: value; color: estimated transport mode.SeaAirLand

Destinations

The 20 main destinations in the latest year.

PartnerValue (USD billions)TonnesUSD per tonneShareMode
United States18.1Tonnes: 472,316USD per tonne: $38,24423.2%Air
Germany13.7Tonnes: 634,489USD per tonne: $21,57917.6%Sea
South Korea4.3Tonnes: 177,356USD per tonne: $24,2245.5%Sea
Vietnam4.1Tonnes: 216,826USD per tonne: $18,9375.3%Land
India2.7Tonnes: 108,618USD per tonne: $24,9203.5%Land
Japan2.5Tonnes: 86,662USD per tonne: $28,7253.2%Sea
Czechia2.2Tonnes: 86,699USD per tonne: $25,1662.8%Sea
Hong Kong re-exports2Tonnes: 60,143USD per tonne: $33,1182.6%Land
United Kingdom1.9Tonnes: 113,990USD per tonne: $17,0002.5%Sea
France1.9Tonnes: 87,685USD per tonne: $21,7232.4%Sea
Netherlands re-exports1.8Tonnes: 113,159USD per tonne: $15,9662.3%Sea
Australia1.8Tonnes: 44,068USD per tonne: $40,9492.3%Air
Sweden1.2Tonnes: 39,918USD per tonne: $30,1151.5%Sea
Poland1.2Tonnes: 62,401USD per tonne: $19,0561.5%Sea
Spain1Tonnes: 58,310USD per tonne: $17,7041.3%Sea
Finland0.98Tonnes: 35,315USD per tonne: $27,6931.3%Sea
Taiwan0.95Tonnes: 48,532USD per tonne: $19,5181.2%Sea
Mexico0.93Tonnes: 65,269USD per tonne: $14,2851.2%Sea
Italy0.87Tonnes: 64,874USD per tonne: $13,4081.1%Sea
Canada0.85Tonnes: 27,705USD per tonne: $30,5611.1%Sea

Trend

Who it sells to

The United States was its main destination throughout the period

Value in USD billions. The five largest destinations in 2024.

  • United States 18.1
  • Germany 13.7
  • South Korea 4.3
  • Vietnam 4.1
  • India 2.7

Source: CEPII BACI

Show the numbers
Partner19952024
United States0.0418.1
Germany0.0213.7
South Korea0.014.3
Vietnam< 0.014.1
India< 0.012.7

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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