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

2020
Exports | Imports
: $31.9B | $62.3B, World Rnk 3 / 226
Flag Rnk 6 / 1217 | World Rnk 1 / 226
Flag Rnk 6 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $414M | $120M, China |  Thailand

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

2020
PRODUCT COMPLEXITY  IN Motor vehicles; parts and accessories (8701 to 8705)
: 1, Rnk 174 / 1029

Exports In 2020, United States exported $31.9B 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).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of United States between 2019 and 2020 were China ($414M), Spain ($139M), and Italy ($41.9M).

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).

August 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (August 2021 - August 2022): $618M, (20.1%)

IMPORT GROWTH (August 2021 - August 2022): $1.09B, (16.8%)

MAIN EXPORTER (August 2022): Michigan, $806M

MAIN DESTINATION (August 2022): Mexico, $1.53B

This section shows Motor vehicles; parts and accessories (8701 to 8705)'s exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Motor vehicles; parts and accessories (8701 to 8705) over time.

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Historical Data

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EXPORTS (2020): $31.9B

IMPORTS (2020): $62.3B

NET TRADE (2020): -$30.4B

In 2020, United States exported $31.9B 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).

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Flow

THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR United States WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY United States WERE (2019 - 2020):

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Market Concentration

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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:

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