Overview In August 2022 United States' Motor vehicles; parts and accessories (8701 to 8705) exports accounted up to $3.69B and imports accounted up to $7.57B, resulting in a negative trade balance of $3.87B. Between August 2021 and August 2022 the exports of United States' Motor vehicles; parts and accessories (8701 to 8705) have increased by $618M (20.1%) from $3.07B to $3.69B, while imports increased by $1.09B (16.8%) from $6.48B to $7.57B.
Destinations In August 2022, Motor vehicles; parts and accessories (8701 to 8705) were exported mostly to Mexico ($1.53B), Canada ($1.13B), China ($126M), Colombia ($79.3M), and Thailand ($74.6M), and were imported mostly from Mexico ($2.9B), Canada ($1B), China ($995M), South Korea ($548M), and Japan ($532M).
Growth In August 2022, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year exports was explained primarily by an increase in exports to Russia ($21.2M or 214%), Thailand ($10.8M or 31.6%), and South Africa ($8.19M or 21.7%). In August 2022, the increase in Motor vehicles; parts and accessories (8701 to 8705)'s year-by-year imports was explained primarily by an increase in imports from Germany ($69.2M or 23.6%), South Korea ($53M or 14.9%), and Thailand ($19.5M or 38.1%).
Motor vehicles; parts and accessories (8701 to 8705) in 
United States