American used vehicle exporting

American used vehicle exporting is a grey-market international trade involving the exporting of used vehicles from the United States to international markets.

A US imported Mercury Grand Marquis registered in the Netherlands
A Ram 1500 in South Korea

It's reported that $8 billion worth of used American vehicles were exported in 2021.[1]

History

In 2015, Carfax issued a warning that used American vehicles exported to Europe may have questionable conditions.[2] Many of them, however, were exported to Lithuania with repairs made there because of the cheap price prior to being sold elsewhere in the EU.[2]

In October 2020, it was reported that most used American-made vehicles are exported to United Arab Emirates as the top export market, followed by Nigeria, Georgia, Mexico, Jordan, Ukraine, Cambodia and the Dominican Republic.[3] In 2021, American vehicles were also exported to Oman, Guatemala, Lithuania and Germany.[4]

Due to sanctions placed on Russia after the start of the Russian-Ukrainian War in 2022, Russians have opted to purchase American vehicles in Georgia since car plants in the country were closed in order to comply with sanctions.[5]

References


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