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

87 (Harmonized System 1992 for 2-digit)

About

Overview This page contains the latest trade data of Cars, tractors, trucks & parts thereof.. In 2022, Cars, tractors, trucks & parts thereof. were the world's 4th most traded product, with a total trade of $1.6T. Between 2021 and 2022 the exports of Cars, tractors, trucks & parts thereof. grew by 6.33%, from $1.5T to $1.6T. Trade in Cars, tractors, trucks & parts thereof. represent 6.75% 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, Motorcycles and cycles, Trailers and semi-trailers, not mechanically propelled vehicles, 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 2022 the top exporters of Cars, tractors, trucks & parts thereof.  were Germany ($252B), China ($153B), Japan ($141B), United States ($133B), and Mexico ($123B).

Imports In 2022 the top importers of Cars, tractors, trucks & parts thereof. were United States ($308B), Germany ($136B), Canada ($78.9B), China ($72B), and France ($71B).

Ranking Cars, tractors, trucks & parts thereof. ranks 12th in the Product Complexity Index (PCI).

Latest Data

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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.

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* 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)Germany$252B
Top Destination (2022)United States$308B

In 2022 Cars, tractors, trucks & parts thereof. were the world's 4th most traded product (out of 96).

In 2022, the top exporters of Cars, tractors, trucks & parts thereof. were Germany ($252B), China ($153B), Japan ($141B), United States ($133B), and Mexico ($123B).

In 2022, the top importers of Cars, tractors, trucks & parts thereof. were United States ($308B), Germany ($136B), Canada ($78.9B), China ($72B), and France ($71B).

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Exporters of Cars, tractors, trucks & parts thereof. (2022)
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Importers of Cars, tractors, trucks & parts thereof. (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$33.6B
Top Destination Growth (2021 -  2022)United States$33.5B

Between 2021 and 2022, the exports of Cars, tractors, trucks & parts thereof. grew the fastest in China ($33.6B), Germany ($11.8B), Mexico ($11.2B), United States ($10.5B), and South Korea ($8.88B).

Between 2021 and 2022, the fastest growing importers of Cars, tractors, trucks & parts thereof. were United States ($33.5B), Canada ($11.6B), Mexico ($8.82B), United Kingdom ($6B), and United Arab Emirates ($4.87B).

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Exporters of Cars, tractors, trucks & parts thereof. (2021 - 2022)

Importers of Cars, tractors, trucks & parts thereof. (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Cars, tractors, trucks & parts thereof. are explained by 23 countries.

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

Net Trade

TOP NET EXPORTER (2022)Japan$118B
TOP NET IMPORTER (2022)United States$176B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cars, tractors, trucks & parts thereof. were Japan ($118B), Germany ($116B), China ($80.6B), Mexico ($74.8B), and South Korea ($54.5B).

In 2022, the countries that had a largest trade value in imports than in exports of Cars, tractors, trucks & parts thereof. were United States ($176B), Australia ($36.2B), Canada ($28.4B), United Kingdom ($27.7B), and France ($20.2B).

Net Trade (2022)

Disaggregation

Value
Disaggregation

In 2022, the world most traded Cars, tractors, trucks & parts thereof., disaggragated by their HS6 level were Cars ($782B), Motor vehicles; parts and accessories (8701... ($422B), Delivery Trucks ($157B), Tractors ($62.7B), and Motorcycles and cycles ($41.8B)

HS6 Disaggregation for Cars, tractors, trucks & parts thereof. (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 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

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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.

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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)

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