HS Icon Vehicles in  Flag United States

2020
Exports | Imports
: $106B | $254B, World Rnk 3 / 226
Flag Rnk 4 / 96 | World Rnk 1 / 226
Flag Rnk 3 / 96

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $1.61B | $427M, Nigeria |  Slovakia


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


PRODUCT COMPLEXITY  IN Vehicles
: 1.29, Rnk 9 / 96

Exports In 2020, United States exported $106B in Vehicles, making it the 3rd largest exporter of Vehicles in the world. At the same year, Vehicles was the 4th most exported product in United States. The main destination of Vehicles exports from United States are: Canada ($36.3B), Mexico ($15.8B), China ($8.36B), Germany ($7.54B), and Australia ($2.92B).

The fastest growing export markets for Vehicles of United States between 2019 and 2020 were Nigeria ($1.61B), South Korea ($577M), and Chinese Taipei ($187M).

Imports In 2020, United States imported $254B in Vehicles, becoming the 1st largest importer of Vehicles in the world. At the same year, Vehicles was the 3rd most imported product in United States. United States imports Vehicles primarily from: Mexico ($81.8B), Canada ($41.5B), Japan ($40.8B), Germany ($21.8B), and South Korea ($21.4B).

The fastest growing import markets in Vehicles for United States between 2019 and 2020 were Slovakia ($427M), Sweden ($366M), and South Africa ($162M).

Tariffs In 2017, the average tariff for United States in Vehicles was 1.85%. The countries with the highest import tariffs for Vehicles were North Korea (Non-MFN duty rate for countries excluded from Most-Favoured- Nation (MFN) treatement, 25%), Cuba (Non-MFN duty rate for countries excluded from Most-Favoured- Nation (MFN) treatement, 25%), Algeria (Most Favoured Nation duty rate treatement, 2.42%), Egypt (Most Favoured Nation duty rate treatement, 2.42%), and Eritrea (Most Favoured Nation duty rate treatement, 2.42%).

May 2022

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (May 2021 - May 2022): $1.29B, (11.9%)

IMPORT GROWTH (May 2021 - May 2022): $3.87B, (16.6%)

MAIN EXPORTER (May 2022): Michigan, $2.09B

MAIN DESTINATION (May 2022): Canada, $4.91B

This section shows Vehicles'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 Vehicles over time.

For full datasets download visit Bulk Download page.

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Historical Data

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EXPORTS (2020): $106B

IMPORTS (2020): $254B

NET TRADE (2020): -$148B

In 2020, United States exported $106B in Vehicles. The main destinations of United States exports on Vehicles were Canada ($36.3B), Mexico ($15.8B), China ($8.36B), Germany ($7.54B), and Australia ($2.92B).

In 2020, United States imported $254B in Vehicles, mainly from Mexico ($81.8B), Canada ($41.5B), Japan ($40.8B), Germany ($21.8B), and South Korea ($21.4B).

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IN 2020, United States HAD A POSITIVE NET TRADE IN Vehicles WITH:

IN 2020, United States HAD A NEGATIVE NET TRADE IN Vehicles WITH:

Flow

THE FASTEST GROWING Vehicles EXPORT MARKETS FOR United States WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicles BY United States WERE (2019 - 2020):

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Market Concentration

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In 2019, United States's main exporting competitors in Vehicles were:

In 2019, United States's main importing competitors in Vehicles were:

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