Overview This page contains the latest trade data of Cars. In 2020, Cars were the world's 2nd most traded product, with a total trade of $645B. Between 2019 and 2020 the exports of Cars decreased by -16%, from $768B to $645B. Trade in Cars represent 3.85% of total world trade.
Cars are a part of Vehicles. They include Medium Sized Cars, Large Sized Cars, Medium Diesel Cars, Small Sized Cars, Large Diesel non chargeable Cars, Micro Cars, Other and Gas Turbine , Small Diesel Cars, and Snowmobiles, golf cars, similar vehicles.
Exports In 2020 the top exporters of Cars were Germany ($123B), Japan ($83.1B), United States ($47.6B), Mexico ($41.6B), and South Korea ($36.9B).
Imports In 2020 the top importers of Cars were United States ($144B), Germany ($68.9B), China ($42B), France ($35.5B), and United Kingdom ($32.8B).
Tariffs In 2018 the average tariff for Cars was 22%, making it the 78th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Cars are Maldives (111%), India (106%), and Iran (90%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).
Ranking Cars ranks 214th in the Product Complexity Index (PCI).
Description Motor cars and other motor vehicles are used to transport people. They can be made from a variety of materials, including steel, aluminum, and plastic.
Cars