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1 Containarized Car Exports From the United States Data and Analysis 2nd Quarter 2015
2 Second Quarter US Car Export Market Summary Despite ongoing port delays and the expensive US dollar, global interest in US cars continued to grow during the second quarter of In total, over 132,505 vehicles were shipped in containers overseas - a increase over last year s volume. The strong demand was driven by US car dealers targeting international markets in Europe, Central and South America, as well as the Middle East. Everything from classic cars, new and used cars, to salvage cars were in great demand. However, not all destinations saw growing demand for US cars. Countries such as Libya, Georgia, Lithuania witnessed large declines in car import volumes due to changes in local or surrounding markets. With the West Coast Shipping quarterly report we want to show you which markets to target in order to grow your international car business. Which Cars Are Going Where? Classic Cars Overseas buyers are continuing their pursuit of classic cars from the US. Everything from classic Ford Mustangs to Porsche 911s and Jaguar E-types are being aquired in the US by buyers from the UK, Germany, Netherlands, Australia and New Zealand. New Cars Currently, car makers such as BMW, Mercedes-Benz, General Motors, Tesla and Ford are utilizing the flexibility of containers to move new cars from the US to Central America, South America, Europe and Asia. And while the price on new cars remain significantly higher overseas, small businesses will continue to purchase brand new cars in the US and export them to markets such as China for resale. Used Cars Overseas buyers from the United Arab Emirates, Cambodia, Nigeria and Guatemala particularly enjoy used Lexus, Toyotas and Hyundais from the US. Most of these cars are purchased from Manheim car auctions. Salvage Cars Did you know that most of the salvage cars in the US get exported to overseas markets? The Middle East and Africa in particular are huge importers of salvaged and damaged US cars purchased from car auctions such as Copart and IAAI.
3 Regional Performance Growth In Regional Volume During Q Compared Year-On-Year Regions Importing US Cars YoY YoY YoY Q total 1. Middle East 28,388 cars 2. Far East 24,736 cars 3. Europe 20,515 cars 4. Central America - 109% 19,516 cars 5. Africa -30% 17,162 cars 6. Mediterranean ,727 cars 7. South America -21% 3 29% 5,887 cars 8. Caribbean - 4 3,833 cars 9. Oceania -2-1,958 cars 9. Indian Subcontinent 292% 1,583 cars 10. Other Asia 57% ,173 cars 132,505 cars Total:
4 Top Countries For US Cars Destination Country Q2 13 YoY Q2 14 YoY Q2 15 YoY Q Total Cars 1. United Arab Emirates -11% 27% 20, China 3 1-9, Cambodia 0% 61% 81% 6, Guatemala , Nigeria , Ghana , Germany -42% 3 4, Costa Rica , Honduras -31% 77% 3, Lebanon -27% -32% 5 3, El Salvador 29% - 250% 3, Netherlands 2% 8-32% 3, Jordan 2 3, Taiwan 0% 2, Georgia % 2, Puerto Rico -9 80% 3100% 2, South Korea 4-52% 42% 1, United Kingdom -31% 6 2 1, Lithuania , Venezuela -27% -57% 5 1, Liberia % 1, Australia -3-27% 1 1, Poland - 1, Hong Kong , Libya % 1, Chile , Saudi Arabia % 1, Russia -62% , India , Iraq - 192% 5 1,022
5 Top Destinations In Africa Africa Car Shipping 1. Nigeria - 0% -4 27% -41% 6,079 cars 2. Ghana 41% -30% ,745 cars 3. Liberia 159% 1 40% -60% 11% 6 1,395 cars 4. Libya % -5-42% 1,244 cars 5. Sierra Leone 30% % -3-27% cars 6. Cameroon % cars 7. Benin cars 8. Senegal - 82% % 62% 90% 489 cars 9. Guinea 121% % 488 cars 10. Ivory Coast 20% 7% % 412 cars
6 Top Destinations In The Americas Americas 1. Guatemala -2 72% % 29% 1 6,301 cars 2. Costa Rica % 2% 30% 4,153 cars 3. Honduras 17% -1-31% 3,826 cars 4. El Salvador -21% 1-11% ,431 cars 5. Puerto Rico -97% % 742% 471% 2,304 cars 6. Venezuela 40% -62% -31% % - 1,667 cars 7. Chile 79% % 30% 1,202 cars 8. Belize 8-27% 17% cars 9. Panama 20% cars 10. Virgin Island 3-30% 17% % -69% cars
7 Top Destinations In Asia Asian Destinations 1. China % 9,485 cars 2. Cambodia 2% % 22% 6,542 cars 3. Taiwan - 60% - -11% 2,847 cars 4. South Korea -11% -2 7% % 1,765 cars 5. Hong Kong -67% 52% % 32% 1,325 cars 6. India -57% % 1 2-1,067 cars 7. Vietnam -81% 83 32% 8-40% % 989 cars 8. Guam 109% 9% -21% -17% 21% -11% 823 cars 9. Japan 11% cars 10. Philippines % -51% 60% cars
8 Top Destinations In Europe European Destinations 1. Germany 9% 2 80% ,457 cars 2. Netherlands ,360 cars 3. Georgia % 2-32% 1% ,483 cars 4. United Kingdom 4 11% 51% - 2% 1,728 cars 5. Lithuania -42% 4-60% 2% 1,672 cars 6. Poland 5 17% - 31% ,331 cars 7. Russia 1-32% - 159% 9% 1,083 cars 8. Belgium 52% % 7% - 5 1,011 cars 9. France 5600% 56 0% 27% cars -1-11% cars 10. Finland
9 Top Destinations In The Middle East Middle East 1. UAE % 20,919 cars 2. Lebanon -32% -17% - 42% -1 27% 3,500 cars 3. Jordan 3 7 2% -4-31% 30% 50% 3,160 cars 4. Saudi Arabia -2 60% 1,187 cars 5. Iraq % -32% 1,022 cars 6. Israel 2-51% 97% % cars 7. Yemen 20% % 590 cars 8. Bahrain 1% 39% -1 20% cars 9. Oman 9 27% -47% 51% cars 10. Kuwait % -27% cars
10 Top Destinations In Oceania Oceania 1. Australia 41% - -42% 40% 1,364 cars 2. New Zealand -51% 321% 7% cars Want To Learn More? Get The Latest News Whether you want to learn more about what s happening in the international auto business or if need more information on the shipping process, we continuously update our blog on topics that matter to you. Read Our Blog View Current Shipping Rates Stay up to date with current car shipping rates to ensure you are getting the best price on the market. Use The Shipping Calculator Ask Our Shipping Experts With a team that covers the entire globe, we can answer any of your questions regarding shipping a car, boat or motorcycle by sea or air. Get In Touch: contactus@
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