Economy

Germany exports more cars, but earns less in 2024

Germany earns $146.3B by exporting 3.4M new cars last year

Gokhan Ergocun  | 20.03.2025 - Update : 20.03.2025
Germany exports more cars, but earns less in 2024

ISTANBUL

Germany exported 3.4 million units of new cars last year, up 2.5% year-on-year, but earned less, federal statistical authority Destatis said on Thursday.

Last year, the country earned €135 billion ($146.3 billion) by exporting new cars to the world, down 1.3%, Destatis noted.

In 2024, the US was the biggest importer for Germany-made cars, accounting for 13.1% of all exports, while the UK and France followed it.

During the year, Germany exported 1.43 million petrol engine cars, 511,639 diesel cars, 584,414 hybrid cars and 881,069 electric cars.


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