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Batteries: top exporters and importers (2024)

In 2024, world trade in batteries totaled $153.6 billion (11.5 million tonnes). China accounted for 51% of exports, followed by South Korea (6%) and the United States (5%); the top importers were the United States (22%), Germany (17%) and Mexico (4%). Compared with 2019, the value rose 162%.

Summary

World trade
$153.6billion
Tonnes
11.5million tonnes
Price per tonne
$13,350
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$78 billion · 50.8%
    see destinations
  2. South Korea$9.4 billion · 6.1%
    see destinations
  3. United States$8.3 billion · 5.4%
    see destinations
  4. Poland$8.3 billion · 5.4%
    see destinations
  5. Germany$7.3 billion · 4.7%
    see destinations
  6. Hungary$7 billion · 4.6%
    see destinations
  7. Japan$5.3 billion · 3.4%
    see destinations
  8. Czechia$3.4 billion · 2.2%
    see destinations
  9. Vietnam$3 billion · 1.9%
    see destinations
  10. Malaysia$2.3 billion · 1.5%
    see destinations
  11. Mexico$2.3 billion · 1.5%
    see destinations
  12. Spain$1.4 billion · 0.9%
  13. Netherlands$1.3 billion · 0.83%
    re-exports
  14. France$1.3 billion · 0.82%
  15. Italy$1.1 billion · 0.72%
  16. Taiwan$1 billion · 0.66%
  17. Canada$949 million · 0.62%
  18. Finland$907 million · 0.59%
  19. Singapore$839 million · 0.55%
    re-exports
  20. India$811 million · 0.53%

Top importers

  1. United States$33.2 billion · 21.6%
    see sources
  2. Germany$26.1 billion · 17%
    see sources
  3. Mexico$6.5 billion · 4.3%
    see sources
  4. South Korea$5.2 billion · 3.4%
    see sources
  5. Vietnam$4.9 billion · 3.2%
    see sources
  6. France$4.9 billion · 3.2%
    see sources
  7. Czechia$4.2 billion · 2.7%
    see sources
  8. United Kingdom$4 billion · 2.6%
    see sources
  9. Australia$4 billion · 2.6%
    see sources
  10. Canada$3.6 billion · 2.4%
    see sources
  11. Japan$3.5 billion · 2.3%
    see sources
  12. India$3.5 billion · 2.3%
    see sources
  13. Netherlands$3.3 billion · 2.2%
    re-exports · see sources
  14. Italy$3 billion · 1.9%
    see sources
  15. Poland$2.7 billion · 1.8%
    see sources
  16. Spain$2.6 billion · 1.7%
    see sources
  17. China$2.5 billion · 1.6%
    see sources
  18. Hong Kong$2.5 billion · 1.6%
    re-exports · see sources
  19. Sweden$2.2 billion · 1.4%
    see sources
  20. Hungary$2 billion · 1.3%
    see sources

Trend

Who sells it

China has been the top exporter since 2001

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

  • China 78
  • South Korea 9.4
  • United States 8.3
  • Poland 8.3
  • Germany 7.3

Source: CEPII BACI

Show the numbers
Country19952024
China0.3478
South Korea0.279.4
United States0.928.3
Poland0.018.3
Germany0.637.3

Price

Implied price

The price per tonne rose 263% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $13,350

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$3,673
1996$3,175
1997$3,700
1998$3,645
1999$3,360
2000$4,897
2001$3,964
2002$3,621
2003$4,191
2004$3,853
2005$4,401
2006$4,470
2007$3,606
2008$5,636
2009$5,487
2010$5,244
2011$5,356
2012$4,465
2013$4,864
2014$4,819
2015$4,863
2016$5,002
2017$6,093
2018$7,269
2019$7,471
2020$8,420
2021$10,073
2022$12,659
2023$14,591
2024$13,350

What it includes

Electric accumulators, including lithium-ion batteries.

  • 8507 · Batteries

Products in the same chapter

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.

See all products