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Overview This page contains the latest trade data of Small Sized Cars. In 2021, Small Sized Cars were the world's 22nd most traded product, with a total trade of $88.4B. Between 2020 and 2021 the exports of Small Sized Cars decreased by -1.43%, from $89.7B to $88.4B. Trade in Small Sized Cars represent 0.42% of total world trade.

Small Sized Cars are a part of Cars.

Exports In 2021 the top exporters of Small Sized Cars  were Germany ($10.5B), Spain ($9.19B), Mexico ($7.61B), China ($7.38B), and South Korea ($5.16B).

Imports In 2021 the top importers of Small Sized Cars were United States ($14.3B), France ($8.59B), Germany ($8.32B), United Kingdom ($5.52B), and Italy ($3.41B).

Ranking Small Sized Cars ranks 1727th in the Product Complexity Index (PCI).

Description Small sized cars, often called compact cars, are ideal for those with smaller families or those who do not have many passengers. They are also great for those who live in a city or other area where there are a lot of tight turns and other obstacles that might make for a difficult drive with a larger car. These cars are also usually cheaper to buy and maintain.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Small 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.

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Historical Data

Exporters and Importers

Top Origin (2021)Germany$10.5B
Top Destination (2021)United States$14.3B

In 2021 Small Sized Cars were the world's 22nd most traded product (out of 4,641).

In 2021, the top exporters of Small Sized Cars were Germany ($10.5B), Spain ($9.19B), Mexico ($7.61B), China ($7.38B), and South Korea ($5.16B).

In 2021, the top importers of Small Sized Cars were United States ($14.3B), France ($8.59B), Germany ($8.32B), United Kingdom ($5.52B), and Italy ($3.41B).

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Exporters of Small Sized Cars (2021)
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Importers of Small Sized Cars (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)China$4.02B
Top Destination Growth (2020 -  2021)Chile$1.2B

Between 2020 and 2021, the exports of Small Sized Cars grew the fastest in China ($4.02B), India ($1.03B), Morocco ($735M), Thailand ($518M), and Argentina ($482M).

Between 2020 and 2021, the fastest growing importers of Small Sized Cars were Chile ($1.2B), Russia ($789M), Australia ($541M), South Africa ($536M), and Egypt ($431M).

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Exporters of Small Sized Cars (2020 - 2021)

Importers of Small Sized Cars (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Small Sized Cars.

In 2021, market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Small Sized Cars are explained by 23 countries.

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Value of Exports in Small Sized Cars

Net Trade

TOP NET EXPORTER (2021)Spain$6.87B
TOP NET IMPORTER (2021)United States$13B

This map shows which countries export or import more of Small Sized Cars. Each country is colored based on the difference in exports and imports of Small Sized Cars during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Small Sized Cars were Spain ($6.87B), China ($6.27B), Mexico ($5.4B), South Korea ($4.91B), and Slovakia ($3.57B).

In 2021, the countries that had a largest trade value in imports than in exports of Small Sized Cars were United States ($13B), France ($5.53B), United Kingdom ($2.28B), Italy ($1.83B), and Chile ($1.8B).

Net Trade (2021)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Small Sized Cars 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 (2021)

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