Vehicles; public transport passenger type

8702 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Buses. In 2021, Buses were the world's 294th most traded product, with a total trade of $13.1B. Between 2020 and 2021 the exports of Buses decreased by -8.62%, from $14.4B to $13.1B. Trade in Buses represent 0.062% 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 2021 the top exporters of Buses  were China ($2.14B), Japan ($1.74B), Turkey ($1.32B), Poland ($1.11B), and Czechia ($868M).

Imports In 2021 the top importers of Buses were Germany ($1.17B), France ($1.09B), Italy ($617M), United States ($603M), and Canada ($500M).

Ranking Buses ranks 531st 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 Data

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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.

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

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Historical Data

Exporters and Importers

Top Origin (2021)China$2.14B
Top Destination (2021)Germany$1.17B

In 2021 Buses were the world's 294th most traded product (out of 1,217).

In 2021, the top exporters of Buses were China ($2.14B), Japan ($1.74B), Turkey ($1.32B), Poland ($1.11B), and Czechia ($868M).

In 2021, the top importers of Buses were Germany ($1.17B), France ($1.09B), Italy ($617M), United States ($603M), and Canada ($500M).

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Exporters of Buses (2021)
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Importers of Buses (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)China$250M
Top Destination Growth (2020 -  2021)Qatar$375M

Between 2020 and 2021, the exports of Buses grew the fastest in China ($250M), Czechia ($89.9M), Austria ($85.8M), Switzerland ($43.4M), and Russia ($41.2M).

Between 2020 and 2021, the fastest growing importers of Buses were Qatar ($375M), South Africa ($108M), Israel ($99.1M), France ($93.5M), and Ireland ($92.6M).

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Exporters of Buses (2020 - 2021)

Importers of Buses (2020 - 2021)

Market Concentration

Value

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

In 2021, market concentration measured using Shannon Entropy, was 4.33. 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 (2021)China$2.1B
TOP NET IMPORTER (2021)Italy$518M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Buses were China ($2.1B), Japan ($1.7B), Turkey ($1.3B), Poland ($1.01B), and Czechia ($763M).

In 2021, the countries that had a largest trade value in imports than in exports of Buses were Italy ($518M), Qatar ($433M), Germany ($420M), France ($378M), and Israel ($253M).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Buses, disaggragated by their HS6 level were Diesel powered buses ($9.74B) and Buses except diesel powered ($3.38B)

HS6 Disaggregation for Buses (2021)
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Country Comparison

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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 (2021)

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 (2021)

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