NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

87 (Harmonized System 1992 for 2-digit)

2023
World Trade $1.89TRnk 4 / 96
2023
Top Exporter | Top Importer $293B | $373BGermany | United States
2023
Product Complexity 1.17Rnk 13 / 96
2022 - 2023
Export Growth (CAGR) 16.3%Rnk 3 / 96
2023
Share of World Trade 8.35%Rnk 4 / 96

About

Overview This page contains the latest trade data of Cars, tractors, trucks & parts thereof.. In 2023, Cars, tractors, trucks & parts thereof. were the world's 4th most traded product, with a total trade of $1.89T. Between 2022 and 2023 the exports of Cars, tractors, trucks & parts thereof. grew by 16.3%, from $1.62T to $1.89T. Trade in Cars, tractors, trucks & parts thereof. represent 8.35% of total world trade.

Cars, tractors, trucks & parts thereof. are a part of Transportation. They include Cars, Motor vehicles; parts and accessories (8701 to 8705), Delivery Trucks, Tractors, Trailers and semi-trailers, not mechanically propelled vehicles, Motorcycles and cycles, Bi-Wheel Vehicle Parts, Buses, Special purpose motor vehicles, and Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), among others.

Exports In 2023 the top exporters of Cars, tractors, trucks & parts thereof.  were Germany ($293B), China ($183B), Japan ($168B), Mexico ($157B), and United States ($146B).

Imports In 2023 the top importers of Cars, tractors, trucks & parts thereof. were United States ($373B), Germany ($155B), Canada ($91.4B), United Kingdom ($88.8B), and France ($85.7B).

Ranking Cars, tractors, trucks & parts thereof. ranks 13th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Cars, tractors, trucks & parts thereof.. 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Germany$293B
Top Destination (2023)United States$373B

In 2023 Cars, tractors, trucks & parts thereof. were the world's 4th most traded product (out of 96).

In 2023, the top exporters of Cars, tractors, trucks & parts thereof. were Germany ($293B), China ($183B), Japan ($168B), Mexico ($157B), and United States ($146B).

In 2023, the top importers of Cars, tractors, trucks & parts thereof. were United States ($373B), Germany ($155B), Canada ($91.4B), United Kingdom ($88.8B), and France ($85.7B).

Explore Visualizations

Exporters of Cars, tractors, trucks & parts thereof. (2023)
[Click to Select a Country]

Importers of Cars, tractors, trucks & parts thereof. (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$39.8B
Top Destination Growth (2022 -  2023)United States$50.3B

Between 2022 and 2023, the exports of Cars, tractors, trucks & parts thereof. grew the fastest in Germany ($39.8B), China ($39.7B), Mexico ($20.6B), Japan ($19.1B), and Spain ($14B).

Between 2022 and 2023, the fastest growing importers of Cars, tractors, trucks & parts thereof. were United States ($50.3B), Germany ($17.5B), United Kingdom ($17.1B), Turkey ($14.8B), and Italy ($14.3B).

Explore Visualizations

Exporters of Cars, tractors, trucks & parts thereof. (2022 - 2023)

Importers of Cars, tractors, trucks & parts thereof. (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cars, tractors, trucks & parts thereof..

In 2023, market concentration measured using Shannon Entropy, was 4.54. This means that most of the exports of Cars, tractors, trucks & parts thereof. are explained by 23 countries.

Explore Visualizations

Value of Exports in Cars, tractors, trucks & parts thereof.

Net Trade

TOP NET EXPORTER (2023)Japan$143B
TOP NET IMPORTER (2023)United States$227B

This map shows which countries export or import more of Cars, tractors, trucks & parts thereof.. Each country is colored based on the difference in exports and imports of Cars, tractors, trucks & parts thereof. during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cars, tractors, trucks & parts thereof. were Japan ($143B), Germany ($138B), China ($119B), Mexico ($97.5B), and South Korea ($65.8B).

In 2023, the countries that had a largest trade value in imports than in exports of Cars, tractors, trucks & parts thereof. were United States ($227B), Australia ($42.9B), United Kingdom ($40.4B), Canada ($28.7B), and Saudi Arabia ($26.7B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Cars, tractors, trucks & parts thereof., disaggragated by their HS6 level were Cars ($976B), Motor vehicles; parts and accessories (8701... ($450B), Delivery Trucks ($192B), Tractors ($86.5B), and Trailers and semi-trailers, not mechanically propelled... ($37.8B)

HS6 Disaggregation for Cars, tractors, trucks & parts thereof. (2023)
[Click to Select]

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Cars, tractors, trucks & parts thereof. by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.47B
TOP IMPORT POTENTIALChina+ $1.24B

Cars, tractors, trucks & parts thereof.’s highest export potential is United States. With an export gap of $2.47B.  Cars, tractors, trucks & parts thereof.’s highest import potential is China with an import gap of $1.24B.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

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 (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms