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871690 (Harmonized System 1992 for 6-digit)

2023
World Trade $12.2BRnk 293 / 4644
2023
Top Exporter | Top Importer $2.6B | $1.77BChina | Germany
2023
Product Complexity 1.02Rnk 747 / 4656
2022 - 2023
Export Growth (CAGR) -4.41%Rnk 2033 / 4644
2023
Share of World Trade 0.054%Rnk 293 / 4644

About

Overview This page contains the latest trade data of Trailer/non-mechanically propelled vehicle parts nes. In 2023, Trailer/non-mechanically propelled vehicle parts nes were the world's 293rd most traded product, with a total trade of $12.2B. Between 2022 and 2023 the exports of Trailer/non-mechanically propelled vehicle parts nes decreased by -4.41%, from $12.7B to $12.2B. Trade in Trailer/non-mechanically propelled vehicle parts nes represent 0.054% of total world trade.

Trailer/non-mechanically propelled vehicle parts nes are a part of Trailers and semi-trailers, not mechanically propelled vehicles.

Exports In 2023 the top exporters of Trailer/non-mechanically propelled vehicle parts nes  were China ($2.6B), Germany ($2.35B), United States ($1.33B), Hungary ($553M), and Poland ($532M).

Imports In 2023 the top importers of Trailer/non-mechanically propelled vehicle parts nes were Germany ($1.77B), United States ($1.44B), Mexico ($1.11B), United Kingdom ($605M), and Netherlands ($583M).

Ranking Trailer/non-mechanically propelled vehicle parts nes ranks 747th in the Product Complexity Index (PCI).

Description Trailers and non-mechanically propelled vehicles are used for moving heavy items. Parts are necessary for making sure the trailers are functioning properly and are safely towed.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Trailer/non-mechanically propelled vehicle parts nes. 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$2.6B
Top Destination (2023)Germany$1.77B

In 2023 Trailer/non-mechanically propelled vehicle parts nes were the world's 293rd most traded product (out of 4,644).

In 2023, the top exporters of Trailer/non-mechanically propelled vehicle parts nes were China ($2.6B), Germany ($2.35B), United States ($1.33B), Hungary ($553M), and Poland ($532M).

In 2023, the top importers of Trailer/non-mechanically propelled vehicle parts nes were Germany ($1.77B), United States ($1.44B), Mexico ($1.11B), United Kingdom ($605M), and Netherlands ($583M).

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Exporters of Trailer/non-mechanically propelled vehicle parts nes (2023)
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Importers of Trailer/non-mechanically propelled vehicle parts nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$105M
Top Destination Growth (2022 -  2023)Mexico$121M

Between 2022 and 2023, the exports of Trailer/non-mechanically propelled vehicle parts nes grew the fastest in United States ($105M), Turkey ($102M), Mexico ($26.6M), Lithuania ($19.6M), and Portugal ($14.1M).

Between 2022 and 2023, the fastest growing importers of Trailer/non-mechanically propelled vehicle parts nes were Mexico ($121M), Italy ($42.4M), Turkey ($35.7M), South Africa ($24.3M), and Uzbekistan ($23.7M).

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Exporters of Trailer/non-mechanically propelled vehicle parts nes (2022 - 2023)

Importers of Trailer/non-mechanically propelled vehicle parts nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Trailer/non-mechanically propelled vehicle parts nes.

In 2023, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Trailer/non-mechanically propelled vehicle parts nes are explained by 17 countries.

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Value of Exports in Trailer/non-mechanically propelled vehicle parts nes

Net Trade

TOP NET EXPORTER (2023)China$2.54B
TOP NET IMPORTER (2023)Mexico$853M

This map shows which countries export or import more of Trailer/non-mechanically propelled vehicle parts nes. Each country is colored based on the difference in exports and imports of Trailer/non-mechanically propelled vehicle parts nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Trailer/non-mechanically propelled vehicle parts nes were China ($2.54B), Germany ($573M), Hungary ($274M), Italy ($219M), and India ($175M).

In 2023, the countries that had a largest trade value in imports than in exports of Trailer/non-mechanically propelled vehicle parts nes were Mexico ($853M), United Kingdom ($503M), Australia ($345M), France ($300M), and Canada ($291M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Trailer/non-mechanically propelled vehicle parts nes.
It is possible to select the main countries that export or import Trailer/non-mechanically propelled vehicle parts nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Trailer/non-mechanically propelled vehicle parts nes 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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