HomeTop StoriesGerman e-car exports will surpass imports in 2023

German e-car exports will surpass imports in 2023

Germany exported more electric cars than it imported in 2023, the Federal Statistical Office reported on Monday.

Last year, 786,000 vehicles were exported, compared with 446,000 imported from other countries, the office said. At 36 billion euros, exports were also well above imports, which totaled 14.1 billion euros.

The most important importer was China with a share of 29%, ahead of Korea with just under 10%. Exports of pure electric cars grew by 58% over the year, significantly faster than imports, which increased by 23.5%.

Nevertheless, only about one in four new cars exported from Germany had an electric drive, while the rest still had a combustion engine. German car companies produced 973,000 e-cars (+59.9%), compared to around 2.4 million combustion engines (+7.9%).

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