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Pricing

Vehicles; public transport passenger type

8702 (Harmonized System 1992 for 4-digit)

2022
World Trade $14.9BRnk 287 / 1218
2022
Top Exporter | Top Importer $2.64B | $1.12BChina | Germany
2022
Product Complexity -0.088Rnk 584 / 1033
2021 - 2022
Export Growth (CAGR) 13.6%Rnk 306 / 1218
2022
Share of World Trade 0.063%Rnk 287 / 1218

About

Overview This page contains the latest trade data of Buses. In 2022, Buses were the world's 287th most traded product, with a total trade of $14.9B. Between 2021 and 2022 the exports of Buses grew by 13.6%, from $13.1B to $14.9B. Trade in Buses represent 0.063% of total world trade.

Buses are a part of Cars, tractors, trucks & parts thereof.. They include Diesel powered buses and Buses except diesel powered.

Exports In 2022 the top exporters of Buses  were China ($2.64B), Japan ($1.95B), Turkey ($1.52B), Poland ($1.31B), and Czechia ($773M).

Imports In 2022 the top importers of Buses were Germany ($1.12B), France ($871M), United States ($714M), Italy ($659M), and Canada ($477M).

Ranking Buses ranks 584th in the Product Complexity Index (PCI).

Description Motor vehicles are used to transport people from one place to another. They can be made from a variety of materials, including steel, aluminum, and plastic.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Buses. Countries are shown based on data availability.

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

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$2.64B
Top Destination (2022)Germany$1.12B

In 2022 Buses were the world's 287th most traded product (out of 1,218).

In 2022, the top exporters of Buses were China ($2.64B), Japan ($1.95B), Turkey ($1.52B), Poland ($1.31B), and Czechia ($773M).

In 2022, the top importers of Buses were Germany ($1.12B), France ($871M), United States ($714M), Italy ($659M), and Canada ($477M).

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Exporters of Buses (2022)
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Importers of Buses (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$526M
Top Destination Growth (2021 -  2022)Chile$244M

Between 2021 and 2022, the exports of Buses grew the fastest in China ($526M), Turkey ($211M), Poland ($200M), Japan ($199M), and Netherlands ($171M).

Between 2021 and 2022, the fastest growing importers of Buses were Chile ($244M), Kuwait ($209M), Sweden ($200M), Spain ($165M), and Mexico ($136M).

Explore Visualizations

Exporters of Buses (2021 - 2022)

Importers of Buses (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Buses.

In 2022, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Buses are explained by 20 countries.

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Value of Exports in Buses

Net Trade

TOP NET EXPORTER (2022)China$2.54B
TOP NET IMPORTER (2022)Italy$535M

This map shows which countries export or import more of Buses. Each country is colored based on the difference in exports and imports of Buses during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Buses were China ($2.54B), Japan ($1.91B), Turkey ($1.49B), Poland ($1.17B), and Czechia ($667M).

In 2022, the countries that had a largest trade value in imports than in exports of Buses were Italy ($535M), Germany ($398M), Chile ($378M), Israel ($344M), and Thailand ($334M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Buses, disaggragated by their HS6 level were Diesel powered buses ($10.6B) and Buses except diesel powered ($4.22B)

HS6 Disaggregation for Buses (2022)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Buses.
It is possible to select the main countries that export or import Buses in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Buses by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Buses.

Country by Relatedness

The following visualization shows the relatedness of Buses to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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