TransportationXVII (Harmonized System 1992 for Section)
2020 World Trade: $1.6T, Rnk 4 / 21
2020 Top Exporter | Top Importer: $251B | $290B, Germany | United States
2020 Product Complexity: 1.03, Rnk 3 / 21
2019 - 2020 Export Growth (CAGR): -16.7%, Rnk 18 / 21
2018 Mean Tariff: 8.63%, Rnk 11 / 21
2020 Share of World Trade: 9.55%, Rnk 4 / 21
Overview This page contains the latest trade data of Transportation. In 2020, Transportation were the world's 4th most traded product, with a total trade of $1.6T. Between 2019 and 2020 the exports of Transportation decreased by -16.7%, from $1.92T to $1.6T. Trade in Transportation represent 9.55% of total world trade.
Transportation include Cars, Motor vehicles; parts and accessories (8701 to 8705), Planes, Helicopters, and/or Spacecraft, Delivery Trucks, Passenger and Cargo Ships, Aircraft Parts, Tractors, Special Purpose Ships, Trailers and semi-trailers, not mechanically propelled vehicles, and Motorcycles and cycles, among others.
Exports In 2020 the top exporters of Transportation were Germany ($251B), United States ($146B), Japan ($142B), Mexico ($104B), and China ($103B).
Imports In 2020 the top importers of Transportation were United States ($290B), Germany ($146B), France ($83.1B), China ($81.3B), and United Kingdom ($67.5B).
Tariffs In 2018 the average tariff for Transportation was 8.63%, making it the 11th lowest tariff using the Section product classification.
Ranking Transportation ranks 3rd in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Transportation. 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): Germany, $251B
Top Destination (2020): United States, $290B
Transportation are the world's 4th most traded product.
In 2020, the top exporters of Transportation were Germany ($251B), United States ($146B), Japan ($142B), Mexico ($104B), and China ($103B).
In 2020, the top importers of Transportation were United States ($290B), Germany ($146B), France ($83.1B), China ($81.3B), and United Kingdom ($67.5B).
Trade by country
Top Origin Growth (2019 - 2020): Saudi Arabia, $4.63B
Top Destination Growth (2019 - 2020): Turkey, $5.2B
Between 2019 and 2020, the exports of Transportation grew the fastest in Saudi Arabia ($4.63B), Qatar ($890M), Chile ($501M), Republic of the Congo ($452M), and Cayman Islands ($442M).
Between 2019 and 2020, the fastest growing importers of Transportation were Turkey ($5.2B), Marshall Islands ($2.42B), Egypt ($1.52B), Nigeria ($1.33B), and South Korea ($1.31B).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Transportation.
In 2020, market concentration measured using Shannon Entropy, was 4.69. This means that most of the exports of Transportation are explained by 25 countries.
TOP NET EXPORTER (2020): Japan, $117B
TOP NET IMPORTER (2020): United States, $144B
This map shows which countries export or import more of Transportation. Each country is colored based on the difference in exports and imports of Transportation during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Transportation were Japan ($117B), Germany ($104B), Mexico ($69.4B), South Korea ($58.4B), and Czechia ($22.2B).
In 2020, the countries that had a largest trade value in imports than in exports of Transportation were United States ($144B), Australia ($26.6B), Russia ($19.3B), Saudi Arabia ($16.7B), and United Kingdom ($14.7B).
In 2020, the world most traded Transportation, disaggragated by their HS6 level were Cars ($645B), Motor vehicles; parts and accessories (8701... ($339B), Delivery Trucks ($114B), Planes, Helicopters, and/or Spacecraft ($102B), and Aircraft Parts ($65.8B)
This visualization shows the countries that have an important ratio of their trade related to Transportation. It is possible to select the main countries that export or import Transportation 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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