HS Icon Motor vehicles; parts and accessories (8701 to 8705) in  Flag United States

2020
ECONOMIC COMPLEXITY of United States
: 1.56, Rnk 9 / 127

Exports In 2020, United States exported N/A in Motor vehicles; parts and accessories (8701 to 8705), making it the 3rd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 6th most exported product in United States. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from United States are: Mexico ($12.5B), Canada ($10.3B), China ($1.95B), Germany ($652M), and Spain ($523M).

Imports In 2020, United States imported $62.3B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 1st largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 6th most imported product in United States. United States imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Mexico ($22.9B), China ($8.42B), Canada ($8.02B), Japan ($6.09B), and South Korea ($4.61B).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for United States between 2019 and 2020 were Thailand ($120M), Morocco ($43.1M), and Indonesia ($26.5M).

Tariffs In 2019, the average tariff for United States in Motor vehicles; parts and accessories (8701 to 8705) was 0.8%. The countries with the highest import tariffs for Motor vehicles; parts and accessories (8701 to 8705) were Algeria (Most Favoured Nation duty rate treatement, 1.13%), Egypt (Most Favoured Nation duty rate treatement, 1.13%), Eritrea (Most Favoured Nation duty rate treatement, 1.13%), Western Sahara (Most Favoured Nation duty rate treatement, 1.13%), and Equatorial Guinea (Most Favoured Nation duty rate treatement, 1.13%).

N/A

Subnational Monthly Trade

#permalink to section
View
Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Motor vehicles; parts and accessories (8701 to 8705). Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section
Value
Compare to

IMPORTS (2020): $62.3B

In N/A, United States exported N/A in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of United States exports on Motor vehicles; parts and accessories (8701 to 8705) were Mexico ($12.5B), Canada ($10.3B), China ($1.95B), Germany ($652M), and Spain ($523M).

In 2020, United States imported $62.3B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Mexico ($22.9B), China ($8.42B), Canada ($8.02B), Japan ($6.09B), and South Korea ($4.61B).

Explore Visualizations

Flow

Market Concentration

#permalink to section
View
Flow
Type

In 2020, United States's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

In 2020, United States's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

Explore Visualizations