The chart above displays the unit sales of BMW vehicles in its two leading markets – US and China from 2014-2022.
China is the largest individual market of BMW products, accounting for the largest part of its net sales in 2022. The company sold 793,520 units of vehicles in China in 2022 and 363,541 in China. BMW Group’s revenue in 2022 from China increased to €41,881 million compared to €25,333 million in 2021. The company generated € 28,751 million in 2022 from the US compared to € 21,522 million in 2021.
The chart above displays the net sales of BMW Group in two of its leading markets including the US and China from 2018 to 2022 in millions of US dollars.
BMW vehicle deliveries in USA versus China 2014 – 2022
The following table compares the deliveries of BMW vehicles in the US and China from 2014 to 2020. BMW’s sales in the US fell more than 18% compared to the previous year. BMW delivered 307,876 units in 2020, compared to 375,726 units in 2019. BMW’s revenues from the United States declined from €19,720 million in 2020 to €17,837 million in 2019.
China sales of BMW climbed in 2020 compared to 2019. Its sales increased by 7.4% in 2020 compared to the previous year. BMW sold 778,412 units to customers in China compared to 724,711 units in 2019. Net revenue of the company in 2020 from China remained €21,315 million compared to €20,564 million in 2019.
In 2021, the BMW group sold 368,032 units in the US, compared to 307,876 units in 2020 (yoy growth of 19.5%). Its sales in China increased by 8.9% in 2021 compared to 2020. The company sold 847,935 units in China in 2021 compared to 778,412 units in 2020.
| Year | USA (in 000s) | China (000s) |
|---|---|---|
| 2022 | 363.541 | 793.52 |
| 2021 | 368.032 | 847.935 |
| 2020 | 307.876 | 778.412 |
| 2019 | 375.7 | 724.7 |
| 2018 | 355.37 | 635.8 |
| 2017 | 353.8 | 595 |
| 2016 | 366.5 | 516.8 |
| 2015 | 405.7 | 464.1 |
| 2014 | 397 | 456.7 |
BMW Revenues from USA and China compared 2014-2021. (in € million)
| Year | USA Revenue (€ million) | China Revenue (€ million) |
|---|---|---|
| 2022 | € 28,751 | €41,881 |
| 2021 | € 21,522 | € 25,333 |
| 2020 | €17,837 | €21,315 |
| 2019 | €19,720 | €20,564 |
| 2018 | € 16,088 | €19,008 |
| 2017 | €16,726 | €18,268 |
| 2016 | €16,000 | € 16,619 |
| 2015 | € 18,155 | € 15,856 |
| 2014 | € 13,666 | € 15,002 |
The net revenues of the BMW group increased from both the United States and China in 2021 compared to 2020. It generated € 21.5 billion in net revenues from the US market in 2021 compared to €17.8 billion in 2020. The company generated € 25.3 billion in net revenues from the Chinese market in 2021 compared to €21.3 billion in 2020.
About BMW Group:
The BMW Group was founded on 7 March 1916. the full form of BMW AG is ‘Bayerische Motoren Werke AG’. Today BMW is one of the leading manufacturers of premium cars and motorcycles. It owns four brands – BMW, MINI, Rolls-Royce, and BMW Motorrad.
The BMW Group has 31 production and assembly facilities in 15 countries and a global sales network. the number of employees working for the group in 2020 was 120,726. The company delivered more than 2.3 million (2,325,179 total) passenger vehicles during 2020 and sold more than 169,000 (169,272 total) motorcycles worldwide.
The net revenue of the company for 2020 was € 98,990 million, having declined. by 5% compared to the previous year. The group generated a net profit of 3.86 billion Euros in 2020, down 23% compared to the last year.