Home » U.S. States Whose Auto Business Was Hit Hardest Throughout COVID-19

U.S. States Whose Auto Business Was Hit Hardest Throughout COVID-19

Amid latest issues about inflation, rising costs for brand spanking new and used automobiles have acquired important consideration. In line with latest knowledge from the Bureau of Labor Statistics, the worth of automobiles elevated by 11.8% for brand spanking new vehicles and a whopping 37.3% for used vehicles from December 2020 to December 2021. Even in an setting of rising costs throughout the financial system, the spike in car costs stands out.

Many observers have pointed to ongoing challenges with the availability chain and a good labor market as components which might be limiting provide and resulting in a rise in costs. A scarcity of semiconductor chips and different important automotive elements has hampered auto manufacturing, whereas backlogs at main ports are making it tough to move the automobiles and elements which might be being produced. Producers have been struggling to workers crops at full capability with the tightness of the labor market, a state of affairs worsened by the surge in instances from the Omicron variant. On account of these components, trade consultants estimated that the trade might see a shortfall of about 8 million automobiles.

Whereas many of those challenges are coming to a head now, the auto trade has struggled all through the pandemic. Initially of the pandemic in early 2020, complete U.S. auto exports skilled their largest drop because the Nice Recession with the onset of COVID shutdowns. As extra drivers stayed dwelling and producers operated at extra restricted capability, exports fell from roughly $10.5 billion in March 2020 to round $3.2 billion two months later. Whereas month-to-month exports rebounded to greater than $10.5 billion once more by August, the trade has continued to battle to exceed pre-pandemic ranges since. In every of the primary 11 months of 2021, export figures from U.S. automakers trailed the figures for the corresponding month in 2019, regardless of surging demand.


These ongoing struggles naturally pose larger challenges for states whose economies rely extra closely on automotive and auto half manufacturing. Michigan, the normal dwelling of the U.S. auto trade and residential to giants like Ford and GM, accounted for almost $16 billion in auto exports in 2020. South Carolina, which is dwelling to main manufacturing services for BMW, Michelin, and a lot of different auto elements corporations, and California, which is a serious heart within the burgeoning electrical car market, are additionally massive exporters.

Whereas these main exporting states have been hard-hit because of the pandemic and will face extra challenges within the close to future, many different states have seen even larger declines. A complete of 43 states had decrease auto exports in 2020 than in 2019, however the measurement of the decline ranged from a 2.3% discount all the best way to a 51% lower in exports. And the traits of a state’s auto trade didn’t spare any states from these difficulties: the states with massive export losses skilled declines no matter whether or not their trade concentrated in passenger automobiles, tractor trailers, bikes, or auto elements.

The info used on this evaluation is from the U.S. Census Bureau’s Overseas Commerce Knowledge. To determine the U.S. states whose automotive trade was hit hardest by the COVID-19 pandemic, researchers at CoPilot calculated the proportion change in state automotive exports between 2019 and 2020. Researchers additionally calculated the proportion of complete state exports accounted for by the automotive trade, in addition to the automotive sector chargeable for probably the most exports in 2020.

Listed below are the states whose auto trade was hit hardest throughout COVID.

U.S. States With the Largest Drop in Automotive Exports

Photograph Credit score: Bogdan Vacarciuc / Shutterstock

15. California

  • Share change in auto exports (2019–2020): -23.3%
  • Complete auto exports (2020): $11,085,046,400
  • Complete auto exports (2019): $14,454,461,847
  • Auto exports as a share of complete state exports: 7.1%
  • Largest auto sector: Motor Autos (Electrical Motor)

Photograph Credit score: Sean Pavone / Shutterstock

14. Maine

  • Share change in auto exports (2019–2020): -24.2%
  • Complete auto exports (2020): $34,631,865
  • Complete auto exports (2019): $45,680,861
  • Auto exports as a share of complete state exports: 1.5%
  • Largest auto sector: Trailers & Semi-trailers

Photograph Credit score: Mihai_Andritoiu / Shutterstock

13. Delaware

  • Share change in auto exports (2019–2020): -27.3%
  • Complete auto exports (2020): $291,052,509
  • Complete auto exports (2019): $400,590,517
  • Auto exports as a share of complete state exports: 7.4%
  • Largest auto sector: Passenger Autos (Inner Combustion)

Photograph Credit score: f11photo / Shutterstock

12. Michigan

  • Share change in auto exports (2019–2020): -29.9%
  • Complete auto exports (2020): $15,987,107,753
  • Complete auto exports (2019): $22,813,060,777
  • Auto exports as a share of complete state exports: 36.0%
  • Largest auto sector: Motor Autos for Items Transport

Photograph Credit score: Sean Pavone / Shutterstock

11. Indiana

  • Share change in auto exports (2019–2020): -30.5%
  • Complete auto exports (2020): $7,012,902,262
  • Complete auto exports (2019): $10,089,583,845
  • Auto exports as a share of complete state exports: 19.8%
  • Largest auto sector: Gear Packing containers

Photograph Credit score: Sean Pavone / Shutterstock

10. Arkansas

  • Share change in auto exports (2019–2020): -30.7%
  • Complete auto exports (2020): $153,882,650
  • Complete auto exports (2019): $221,979,604
  • Auto exports as a share of complete state exports: 3.0%
  • Largest auto sector: Suspension Shock Absorbers

Photograph Credit score: Sean Pavone / Shutterstock

9. Ohio

  • Share change in auto exports (2019–2020): -32.9%
  • Complete auto exports (2020): $5,933,273,841
  • Complete auto exports (2019): $8,848,509,170
  • Auto exports as a share of complete state exports: 13.2%
  • Largest auto sector: Passenger Autos (Inner Combustion)

Photograph Credit score: Sean Pavone / Shutterstock

8. North Carolina

  • Share change in auto exports (2019–2020): -33.2%
  • Complete auto exports (2020): $900,084,365
  • Complete auto exports (2019): $1,348,192,451
  • Auto exports as a share of complete state exports: 3.2%
  • Largest auto sector: Drive Axles

Photograph Credit score: Sean Pavone / Shutterstock

7. Tennessee

  • Share change in auto exports (2019–2020): -34.5%
  • Complete auto exports (2020): $2,523,963,500
  • Complete auto exports (2019): $3,851,343,633
  • Auto exports as a share of complete state exports: 9.0%
  • Largest auto sector: Passenger Autos (Inner Combustion)

Photograph Credit score: Sean Pavone / Shutterstock

6. Arizona

  • Share change in auto exports (2019–2020): -35.2%
  • Complete auto exports (2020): $387,614,930
  • Complete auto exports (2019): $598,240,715
  • Auto exports as a share of complete state exports: 2.0%
  • Largest auto sector: Motor Autos for Items Transport

Photograph Credit score: ESB Skilled / Shutterstock

5. Virginia

  • Share change in auto exports (2019–2020): -35.6%
  • Complete auto exports (2020): $832,570,089
  • Complete auto exports (2019): $1,293,755,497
  • Auto exports as a share of complete state exports: 5.1%
  • Largest auto sector: Street Tractors for Semi-trailers

Photograph Credit score: Jacob Boomsma / Shutterstock

4. Wyoming

  • Share change in auto exports (2019–2020): -36.0%
  • Complete auto exports (2020): $23,253,092
  • Complete auto exports (2019): $36,316,995
  • Auto exports as a share of complete state exports: 2.0%
  • Largest auto sector: Our bodies for Street Tractors

Photograph Credit score: Sean Pavone / Shutterstock

3. Pennsylvania

  • Share change in auto exports (2019–2020): -45.0%
  • Complete auto exports (2020): $1,136,532,516
  • Complete auto exports (2019): $2,066,302,460
  • Auto exports as a share of complete state exports: 3.0%
  • Largest auto sector: Bikes

Photograph Credit score: Checubus / Shutterstock

2. Washington

  • Share change in auto exports (2019–2020): -49.2%
  • Complete auto exports (2020): $570,863,349
  • Complete auto exports (2019): $1,124,850,637
  • Auto exports as a share of complete state exports: 1.4%
  • Largest auto sector: Street Tractors for Semi-trailers

Photograph Credit score: Sean Pavone / Shutterstock

1. Mississippi

  • Share change in auto exports (2019–2020): -51.0%
  • Complete auto exports (2020): $577,561,521
  • Complete auto exports (2019): $1,178,914,774
  • Auto exports as a share of complete state exports: 5.6%
  • Largest auto sector: Passenger Autos (Inner Combustion)

Methodology & Detailed Findings

The info used on this evaluation is from the U.S. Census Bureau’s Overseas Commerce Knowledge. To determine the U.S. states whose automotive trade was hit hardest by the COVID-19 pandemic, researchers calculated the proportion change in state automotive exports between 2019 and 2020. Researchers additionally calculated the proportion of complete state exports accounted for by the automotive trade, in addition to the automotive sector chargeable for probably the most exports in 2020. To enhance relevance, solely states during which auto exports accounted for a minimum of 1% of complete state exports have been included.

This text was first printed on LatticePublishing.com.