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Wednesday, February 16, 2022

BMW Is The U.S.'s Largest Auto Exporter For 8th Consecutive Year

Quick: which carmaker is the largest automotive exporter in the U.S.? If you’re thinking any of the Detroit Three—General Motors, Ford, or Stellantis; you’re wrong. For the eighth consecutive year, the U.S.’s largest automotive exporter is BMW.

BMW’s Spartanburg plant (BMW Manufacturing) exported 257,876 units with a total export value of more than USD 10.1 billion, according to the U.S. Department of Commerce. The BMWs, mostly the X series models were exported to about 120 countries primarily through the Port of Charleston, SC (nearly 219,000 units), through five additional southeastern ports – Savannah, GA; Brunswick, GA; Jacksonville, FL; Miami, FL; and Everglades, FL – and by rail to Canada.

The top five export countries benefiting from the Spartanburg plant were China (24.1 percent of export volume), Germany (12.3 percent), South Korea (9.4 percent), Canada (5.6 percent), and Great Britain (5.4 percent).

In 2021, BMW Manufacturing set a new production record with 433,810 BMW X vehicles produced. From that number, 179,840 X vehicles were sold in the United States, making up 53.4 percent of all BMW brand sales there. The top two BMW models sold in America were the BMW X3 and BMW X5.

Since 1992, the BMW Group has invested nearly USD 12 billion in its South Carolina factory. BMW Manufacturing is the largest BMW Group plant in the world, producing more than 1,500 vehicles each day. The model portfolio includes five top-selling BMW X models, four Motorsport X models, and two plug-in hybrid electric vehicle X models. The factory has a production capacity of up to 450,000 vehicles and employs more than 11,000 people.

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