Large Sized Cars870324 (Harmonized System 1992 for 6-digit)
2020 World Trade: $69.2B, Rnk 23 / 4613
2020 Top Exporter | Top Importer: $13.9B | $29.8B, United States | Japan
2020 Product Complexity: 0.89, Rnk 929 / 4783
2019 - 2020 Export Growth (CAGR): -24.2%, Rnk 3958 / 4613
2018 Mean Tariff: 23.3%, Rnk 298 / 6538
2020 Share of World Trade: 0.41%, Rnk 23 / 4613
Overview This page contains the latest trade data of Large Sized Cars. In 2020, Large Sized Cars were the world's 23rd most traded product, with a total trade of $69.2B. Between 2019 and 2020 the exports of Large Sized Cars decreased by -24.2%, from $91.3B to $69.2B. Trade in Large Sized Cars represent 0.41% of total world trade.
Large Sized Cars are a part of Cars.
Exports In 2020 the top exporters of Large Sized Cars were Japan ($13.9B), Canada ($11.3B), United States ($10.4B), Germany ($7.03B), and United Kingdom ($6.27B).
Imports In 2020 the top importers of Large Sized Cars were United States ($29.8B), Canada ($5.62B), China ($3.53B), Germany ($3B), and United Arab Emirates ($2.98B).
Tariffs In 2018 the average tariff for Large Sized Cars was 23.3%, making it the 298th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Large Sized Cars are Maldives (167%), India (106%), and Pakistan (100%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Laos (0%), and Singapore (0%).
Ranking Large Sized Cars ranks 929th in the Product Complexity Index (PCI).
Description Large sized cars are larger than a compact car and are used as family vehicles. They can be used for transporting large amounts of cargo and often have a higher price than a compact car.
The following visualization shows the latest trends on Large Sized Cars. 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.
Trade By Country
Top Origin (2020): Japan, $13.9B
Top Destination (2020): United States, $29.8B
Large Sized Cars are the world's 23rd most traded product.
In 2020, the top exporters of Large Sized Cars were Japan ($13.9B), Canada ($11.3B), United States ($10.4B), Germany ($7.03B), and United Kingdom ($6.27B).
In 2020, the top importers of Large Sized Cars were United States ($29.8B), Canada ($5.62B), China ($3.53B), Germany ($3B), and United Arab Emirates ($2.98B).
Trade by country
Top Origin Growth (2019 - 2020): Slovakia, $358M
Top Destination Growth (2019 - 2020): Nigeria, $103M
Between 2019 and 2020, the exports of Large Sized Cars grew the fastest in Slovakia ($358M), South Korea ($352M), South Africa ($204M), Thailand ($112M), and Lebanon ($83.7M).
Between 2019 and 2020, the fastest growing importers of Large Sized Cars were Nigeria ($103M), Germany ($97.4M), Uzbekistan ($53.3M), Myanmar ($36.9M), and Egypt ($24.4M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Large Sized Cars.
In 2020, market concentration measured using Shannon Entropy, was 3.52. This means that most of the exports of Large Sized Cars are explained by 11 countries.
TOP NET EXPORTER (2020): Japan, $12.2B
TOP NET IMPORTER (2020): United States, $19.5B
This map shows which countries export or import more of Large Sized Cars. Each country is colored based on the difference in exports and imports of Large Sized Cars during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Large Sized Cars were Japan ($12.2B), Canada ($5.72B), United Kingdom ($5.15B), Italy ($4.62B), and Germany ($4.03B).
In 2020, the countries that had a largest trade value in imports than in exports of Large Sized Cars were United States ($19.5B), China ($3.46B), Saudi Arabia ($2.34B), Kuwait ($1.03B), and Australia ($1.02B).
In 2019, the world most traded Large Sized Cars, disaggragated by their HS6 level were Large Sized Cars ($69.2B)
This visualization shows the countries that have an important ratio of their trade related to Large Sized Cars. It is possible to select the main countries that export or import Large Sized Cars in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Large Sized Cars was 23.3%. The countries with the highest tariffs for importing Large Sized Cars were Maldives (167%), India (106%), and Pakistan (100%).
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.
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