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Pricing

Bodies for passenger carrying vehicles

870710 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.71BRnk 780 / 4644
2023
Top Exporter | Top Importer $1.51B | $1.32BChina | Kazakhstan
2023
Product Complexity 0.64Rnk 1408 / 4656
2022 - 2023
Export Growth (CAGR) 93.3%Rnk 33 / 4644
2023
Share of World Trade 0.021%Rnk 780 / 4644

About

Overview This page contains the latest trade data of For passenger carrying vehicles. In 2023, For passenger carrying vehicles were the world's 780th most traded product, with a total trade of $4.71B. Between 2022 and 2023 the exports of For passenger carrying vehicles grew by 93.3%, from $2.44B to $4.71B. Trade in For passenger carrying vehicles represent 0.021% of total world trade.

For passenger carrying vehicles are a part of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705).

Exports In 2023 the top exporters of For passenger carrying vehicles  were China ($1.51B), South Korea ($670M), Germany ($530M), France ($479M), and Uzbekistan ($331M).

Imports In 2023 the top importers of For passenger carrying vehicles were Kazakhstan ($1.32B), Iran ($986M), Morocco ($489M), United Kingdom ($320M), and Russia ($200M).

Ranking For passenger carrying vehicles ranks 1408th in the Product Complexity Index (PCI).

Description Passenger carrying vehicles typically have a body that is designed to carry passengers. These vehicles commonly include cars, buses, and trains.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on For passenger carrying vehicles. 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 (2023)China$1.51B
Top Destination (2023)Kazakhstan$1.32B

In 2023 For passenger carrying vehicles were the world's 780th most traded product (out of 4,644).

In 2023, the top exporters of For passenger carrying vehicles were China ($1.51B), South Korea ($670M), Germany ($530M), France ($479M), and Uzbekistan ($331M).

In 2023, the top importers of For passenger carrying vehicles were Kazakhstan ($1.32B), Iran ($986M), Morocco ($489M), United Kingdom ($320M), and Russia ($200M).

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Exporters of For passenger carrying vehicles (2023)
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Importers of For passenger carrying vehicles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$1.17B
Top Destination Growth (2022 -  2023)Kazakhstan$948M

Between 2022 and 2023, the exports of For passenger carrying vehicles grew the fastest in China ($1.17B), South Korea ($665M), Czechia ($101M), Turkey ($91.5M), and Uzbekistan ($86.5M).

Between 2022 and 2023, the fastest growing importers of For passenger carrying vehicles were Kazakhstan ($948M), Iran ($748M), Russia ($166M), Slovakia ($81.4M), and Morocco ($74.4M).

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Exporters of For passenger carrying vehicles (2022 - 2023)

Importers of For passenger carrying vehicles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of For passenger carrying vehicles.

In 2023, market concentration measured using Shannon Entropy, was 3.4. This means that most of the exports of For passenger carrying vehicles are explained by 10 countries.

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Value of Exports in For passenger carrying vehicles

Net Trade

TOP NET EXPORTER (2023)China$1.5B
TOP NET IMPORTER (2023)Kazakhstan$1.32B

This map shows which countries export or import more of For passenger carrying vehicles. Each country is colored based on the difference in exports and imports of For passenger carrying vehicles during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of For passenger carrying vehicles were China ($1.5B), South Korea ($666M), Germany ($486M), Uzbekistan ($323M), and France ($307M).

In 2023, the countries that had a largest trade value in imports than in exports of For passenger carrying vehicles were Kazakhstan ($1.32B), Iran ($985M), Morocco ($352M), United Kingdom ($290M), and Russia ($190M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of For passenger carrying vehicles 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 (2023)

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