Hybrid petrol-electric cars imports in the United States: data, top suppliers and prices
The United States imported $29.61 billion of hybrid petrol-electric cars in 2024 (1.66 million tonnes). That makes it the largest importer of this product worldwide, out of 209 countries. Value rose 45% on 2023. Over 2017-2024 the trade grew strongly, by about 25% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $29.61B | 1.66M t |
| 2023 | $20.47B | 1.13M t |
| 2022 | $15.83B | 779.9K t |
| 2021 | $13.75B | 693.8K t |
| 2020 | $9.67B | 561.1K t |
| 2019 | $8.41B | 539.7K t |
| 2018 | $5.75B | 359.4K t |
| 2017 | $6.17B | 478.4K t |
Where the United States imports hybrid petrol-electric cars from
The largest suppliers were Japan (32%), Canada (20%), South Korea (20%). Among the main suppliers, China grew fastest, more than tenfold on the year before.
| Supplier country | Value | Share |
|---|---|---|
| Japan | $9.52B | 32% |
| Canada | $5.98B | 20% |
| South Korea | $5.98B | 20% |
| United Kingdom | $4.76B | 16% |
| Slovakia | $1.46B | 4.9% |
| Germany | $1.29B | 4.4% |
| China | $527.8M | 1.8% |
| South Africa | $77.7M | 0.3% |
| Mexico | $12.2M | 0% |
| Sweden | $10.9M | 0% |
Average import price per kg
The average declared value was about $17.85 per kg, close to the world average of $17.05.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Hybrid petrol-electric cars exports from the United States
In 2024, the United States exported hybrid petrol-electric cars worth $5.53 billion (310.6 thousand tonnes). That makes it the 9th largest exporter of this product worldwide, out of 124 countries. Most of it went to Mexico (21%), Canada (20%), South Korea (15%). Among the main buyer markets, Poland grew fastest (+151% on the year before).
| Destination | Value | Share |
|---|---|---|
| Mexico | $1.14B | 21% |
| Canada | $1.10B | 20% |
| South Korea | $845.7M | 15% |
| France | $288.1M | 5.2% |
| Georgia | $258.6M | 4.7% |
| Taiwan | $257.5M | 4.7% |
| Australia | $240.8M | 4.4% |
| Saudi Arabia | $208.1M | 3.8% |
| Poland | $146.0M | 2.6% |
| Colombia | $86.2M | 1.6% |
Who is behind these numbers in the United States?
The shipment records behind United States hybrid petrol-electric cars imports (HS 8703.40): companies, dates, quantities and declared values.
Shipment records are in the platform
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Direct customs feed: shipment-level records from the official customs source.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8703.40: Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power.
Common questions
What is the value of hybrid petrol-electric cars imported by the United States?
The United States imported hybrid petrol-electric cars worth $29.61 billion in 2024, the latest year with complete public data, about 1.66 million tonnes. That ranks it 1st of 209 countries worldwide, with 23% of world imports. The value was up 45% on 2023.
Which countries supply hybrid petrol-electric cars to the United States?
Japan was the largest supplier with 32% of the value ($9.52 billion), followed by Canada (20%) and South Korea (20%). The top three together account for 73%, out of 38 supplier countries in total. The United Kingdom grew fastest among the top ten, up 145% on the year.
What is the average import price of hybrid petrol-electric cars per kg?
The average declared import value was about $17.85 per kg in 2024, close to the world average of $17.05 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of hybrid petrol-electric cars to the United States changed since 2017?
Imports went from $6.17 billion in 2017 to $29.61 billion in 2024, an increase of 380%. 2024 was the highest year in the period. Over 8 years the average was $13.71 billion a year.
Does the United States also export hybrid petrol-electric cars?
Yes. The United States exported $5.53 billion worth of this product in 2024, mainly to Mexico, Canada and South Korea. On balance the United States is a net importer of this product, by about $24.08 billion a year.
What is the HS code for hybrid petrol-electric cars?
The HS code for hybrid petrol-electric cars is subheading 8703.40. It sits in HS chapter 87 (vehicles; other than railway or tramway rolling stock, and parts and accessories thereof). The full list of codes and descriptions is on the HS 8703 page.
How can I find the companies behind this trade?
Shipment-level records for the United States reach EximDataX from a direct customs feed, with company names, dates and declared values. We can show them for your product on a short call.
Same product, other countries
World hybrid petrol-electric cars trade: top importers and exporters
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