Powered by China

by Felix Richter

According to data extracted from the UN Comtrade Database, China accounted for the vast majority of U.S. battery imports last year, with a total trade value of $9.3 billion. South Korea and Japan are also popular sources with batteries worth $1.3 and $1.0 billion imported to the U.S. in 2022. The total import value of lithium-ion batteries nearly tripled since 2020, reaching $13.9 billion last year.