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American used vehicle exporting

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A Ford Flex in Stuttgart-Vaihingen, Germany
A US imported Mercury Grand Marquis registered in the Netherlands
A Ram 1500 in South Korea

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

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

History

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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]

Restrictions

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Cayman Islands

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The Cayman Islands government announced on May 1, 2023 that the cabinet approved, on April 25, 2023, changes in Customs and Border Control (Prohibited Goods) (Amendment) Order, 2023 that restrict the importation of used vehicles from 2016 to 2023.[6] Exceptions are made for classic/antique vehicles and vehicles meant for agricultural work, construction, maintenance or engineering vehicles older than 8 years.[6]

Ukraine

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The Verkhovna Rada, in 2006, prohibits imports of used cars that are more than eight years old, except if they're used for humanitarian purposes.[7] Vehicles have to meet at least Euro 2 emission standards and above.[8]

References

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  1. ^ "Joe Biden's dirty EV secret". 16 June 2022. Archived from the original on 4 October 2022. Retrieved 4 October 2022.
  2. ^ a b "Majority of American cars imported to EU are damaged". Brussels Times. 17 February 2021. Retrieved 2024-09-03.
  3. ^ Niall McCarthy (29 October 2020). "Where America's Used Vehicles Get Exported to [Infographic]". Forbes. Retrieved 2024-09-03.
  4. ^ Wolf Richter (9 September 2022). "What Americans Are Driving: Vehicles in Operation, Used-Vehicle Exports, EVs, and Stuff for Engine Geeks". Wolf Street. Retrieved 2024-09-03.
  5. ^ Giorgi Lomsadze (8 September 2022). "Junked American cars do a roaring business in Georgia". Eurasianet. Retrieved 2024-09-03.
  6. ^ a b "New Vehicle Importation Restrictions Introduced". dvdl.gov.ky. Retrieved 2024-09-03.
  7. ^ "On Some Issues Related to Importing Motor Vehicles to the Customs Territory of Ukraine" (PDF). wto.org. Retrieved 2024-09-03.
  8. ^ "Customs clearance of vehicles in Ukraine 2023, List of required documents". Cargoline.
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