Motor vehicle (8701 to 8705) chassis fitted with engine8706 (Harmonized System 1992 for 4-digit)
2020 World Trade: $2.53B, Rnk 649 / 1217
2020 Top Exporter | Top Importer: $455M | $157M, Sweden | Colombia
2020 Product Complexity: 0.71, Rnk 275 / 1028
2019 - 2020 Export Growth (CAGR): -28.1%, Rnk 1129 / 1217
2018 Mean Tariff: 11.6%, Rnk 320 / 1259
2020 Share of World Trade: 0.015%, Rnk 649 / 1217
Overview This page contains the latest trade data of Motor vehicle (8701 to 8705) chassis fitted with engine. In 2020, Motor vehicle (8701 to 8705) chassis fitted with engine were the world's 649th most traded product, with a total trade of $2.53B. Between 2019 and 2020 the exports of Motor vehicle (8701 to 8705) chassis fitted with engine decreased by -28.1%, from $3.52B to $2.53B. Trade in Motor vehicle (8701 to 8705) chassis fitted with engine represent 0.015% of total world trade.
Motor vehicle (8701 to 8705) chassis fitted with engine are a part of Cars, tractors, trucks & parts thereof.. They include Motor vehicle chassis fitted with engine.
Exports In 2020 the top exporters of Motor vehicle (8701 to 8705) chassis fitted with engine were Sweden ($455M), Brazil ($394M), Japan ($224M), India ($175M), and Germany ($161M).
Imports In 2020 the top importers of Motor vehicle (8701 to 8705) chassis fitted with engine were Colombia ($157M), Australia ($134M), Malaysia ($133M), China ($109M), and Denmark ($102M).
Tariffs In 2018 the average tariff for Motor vehicle (8701 to 8705) chassis fitted with engine was 11.6%, making it the 320th lowest tariff using the HS4 product classification.
Ranking Motor vehicle (8701 to 8705) chassis fitted with engine ranks 275th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Motor vehicle (8701 to 8705) chassis fitted with engine. 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
Motor vehicle (8701 to 8705) chassis fitted with engine are the world's 649th most traded product.
In 2020, the top exporters of Motor vehicle (8701 to 8705) chassis fitted with engine were Sweden ($455M), Brazil ($394M), Japan ($224M), India ($175M), and Germany ($161M).
In 2020, the top importers of Motor vehicle (8701 to 8705) chassis fitted with engine were Colombia ($157M), Australia ($134M), Malaysia ($133M), China ($109M), and Denmark ($102M).
Trade by country
Top Origin Growth (2019 - 2020): Malaysia, $18.8M
Top Destination Growth (2019 - 2020): Argentina, $36.8M
Between 2019 and 2020, the exports of Motor vehicle (8701 to 8705) chassis fitted with engine grew the fastest in Malaysia ($18.8M), United States ($15.3M), Portugal ($11.5M), Estonia ($10.2M), and Morocco ($9.73M).
Between 2019 and 2020, the fastest growing importers of Motor vehicle (8701 to 8705) chassis fitted with engine were Argentina ($36.8M), Israel ($34.1M), India ($25.1M), France ($16.8M), and Germany ($14.6M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Motor vehicle (8701 to 8705) chassis fitted with engine.
In 2020, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Motor vehicle (8701 to 8705) chassis fitted with engine are explained by 18 countries.
This map shows which countries export or import more of Motor vehicle (8701 to 8705) chassis fitted with engine. Each country is colored based on the difference in exports and imports of Motor vehicle (8701 to 8705) chassis fitted with engine during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Motor vehicle (8701 to 8705) chassis fitted with engine were Sweden ($437M), Brazil ($387M), Japan ($216M), India ($126M), and Netherlands ($120M).
In 2020, the countries that had a largest trade value in imports than in exports of Motor vehicle (8701 to 8705) chassis fitted with engine were Colombia ($154M), Australia ($133M), Israel ($99.9M), Denmark ($92.9M), and Chile ($89.3M).
In 2020, the world most traded Motor vehicle (8701 to 8705) chassis..., disaggragated by their HS6 level were Motor vehicle chassis fitted with engine ($2.53B)
This visualization shows the countries that have an important ratio of their trade related to Motor vehicle (8701 to 8705) chassis fitted with engine. It is possible to select the main countries that export or import Motor vehicle (8701 to 8705) chassis fitted with engine in the world, or by continent, as well as select the measure of interest.
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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