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870840 (Harmonized System 1992 for 6-digit)

2023
World Trade $71.6BRnk 40 / 4644
2023
Top Exporter | Top Importer $17.3B | $12BGermany | United States
2023
Product Complexity 1.25Rnk 396 / 4656
2022 - 2023
Export Growth (CAGR) 4.69%Rnk 1067 / 4644
2023
Share of World Trade 0.32%Rnk 40 / 4644

About

Overview This page contains the latest trade data of Transmissions for motor vehicles. In 2023, Transmissions for motor vehicles were the world's 40th most traded product, with a total trade of $71.6B. Between 2022 and 2023 the exports of Transmissions for motor vehicles grew by 4.69%, from $68.4B to $71.6B. Trade in Transmissions for motor vehicles represent 0.32% of total world trade.

Transmissions for motor vehicles are a part of Motor vehicles; parts and accessories (8701 to 8705).

Exports In 2023 the top exporters of Transmissions for motor vehicles  were Germany ($17.3B), Japan ($12.1B), United States ($8.55B), Mexico ($5.47B), and South Korea ($3.74B).

Imports In 2023 the top importers of Transmissions for motor vehicles were United States ($12B), China ($7.92B), Germany ($6.94B), Mexico ($6.59B), and Canada ($2.77B).

Ranking Transmissions for motor vehicles ranks 396th in the Product Complexity Index (PCI).

Description Transmissions are used to convert the power from the engine to the wheels in a car. They also change the gears in a car and move the car.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Transmissions for motor 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)Germany$17.3B
Top Destination (2023)United States$12B

In 2023 Transmissions for motor vehicles were the world's 40th most traded product (out of 4,644).

In 2023, the top exporters of Transmissions for motor vehicles were Germany ($17.3B), Japan ($12.1B), United States ($8.55B), Mexico ($5.47B), and South Korea ($3.74B).

In 2023, the top importers of Transmissions for motor vehicles were United States ($12B), China ($7.92B), Germany ($6.94B), Mexico ($6.59B), and Canada ($2.77B).

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Exporters of Transmissions for motor vehicles (2023)
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Importers of Transmissions for motor vehicles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$1.18B
Top Destination Growth (2022 -  2023)Germany$1.01B

Between 2022 and 2023, the exports of Transmissions for motor vehicles grew the fastest in Germany ($1.18B), United States ($917M), China ($615M), Romania ($489M), and Mexico ($426M).

Between 2022 and 2023, the fastest growing importers of Transmissions for motor vehicles were Germany ($1.01B), Mexico ($776M), Canada ($613M), United States ($473M), and Slovakia ($460M).

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Exporters of Transmissions for motor vehicles (2022 - 2023)

Importers of Transmissions for motor vehicles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Transmissions for motor vehicles.

In 2023, market concentration measured using Shannon Entropy, was 3.82. This means that most of the exports of Transmissions for motor vehicles are explained by 14 countries.

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Value of Exports in Transmissions for motor vehicles

Net Trade

TOP NET EXPORTER (2023)Japan$11.2B
TOP NET IMPORTER (2023)China$4.85B

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

In 2023, the countries that had a largest trade value in exports than in imports of Transmissions for motor vehicles were Japan ($11.2B), Germany ($10.4B), South Korea ($2.76B), France ($1.3B), and Sweden ($540M).

In 2023, the countries that had a largest trade value in imports than in exports of Transmissions for motor vehicles were China ($4.85B), United States ($3.48B), Brazil ($2.06B), Turkey ($1.85B), and Thailand ($1.78B).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Transmissions for motor 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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