Which countries export lithium ion batteries?

By value, the listed 15 countries shipped 88% of lithium ion batteries globally exported in 2024. Among the top exporters, the fastest-growing lithium ion batteries exporters since 2023 were: Poland (up 20.9%), mainland China (up 18.4%), Indonesia (up 11.9%) and the United Kingdom (up 6.9%).

How much do lithium ion batteries exports cost?

The overall value of lithium ion batteries exports increased by an average 31.7% for all exporting countries from five years earlier in 2020 when lithium ion batteries shipments were valued at $2.71 billion. Year over year, revenues from exported lithium ion batteries accelerated by 52.4% compared to $3.5 billion during 2023.

Why are lithium ion batteries used in portable electronics?

Thanks to their high energy density, minimal memory effect, and low self-discharge rate, lithium ion batteries are among the most commonly used rechargeable batteries in portable electronics. Since 2018, the overall value of lithium ion battery exports has grown by an average of 13.4%, up from $2.88 billion.

Where do lithium ion batteries come from?

In second place were exporters located in Europe at 32.1% while another 18.4% of worldwide lithium ion batteries exports originated from North America. Tinier percentages came from sellers in Africa (0.5%), Oceania (0.4%) mostly Australia, then Latin America (0.2%) excluding Mexico but including the Caribbean.

What is the prefix for lithium ion batteries?

For research purposes, the 6-digit Harmonized Tariff System code prefix for lithium ion batteries is 850650. Below are the 15 countries that exported the highest dollar value worth of lithium ion batteries during 2024. By value, the listed 15 countries shipped 88% of lithium ion batteries globally exported in 2024.