HS Icon Vehicle Chassis

8706 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Vehicle Chassis. In 2020, Vehicle Chassis were the world's 649th most traded product, with a total trade of $2.53B. Between 2019 and 2020 the exports of Vehicle Chassis decreased by -28.1%, from $3.52B to $2.53B. Trade in Vehicle Chassis represent 0.015% of total world trade.

Vehicle Chassis are a part of Vehicles and their parts. They include Motor vehicle chassis fitted with engine.

Exports In 2020 the top exporters of Vehicle Chassis  were Sweden ($455M), Brazil ($394M), Japan ($224M), India ($175M), and Germany ($161M).

Imports In 2020 the top importers of Vehicle Chassis were Colombia ($157M), Australia ($134M), Malaysia ($133M), China ($109M), and Denmark ($102M).

Tariffs In 2018 the average tariff for Vehicle Chassis was 11.6%, making it the 320th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Vehicle Chassis are Bermuda (75%), Pakistan (50%), and Maldives (34.2%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking Vehicle Chassis ranks 275th in the Product Complexity Index (PCI).

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Vehicle Chassis. 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

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Exporters and Importers

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Trade By Country

Top Origin (2020): Sweden, $455M

Top Destination (2020): Colombia, $157M

Vehicle Chassis are the world's 649th most traded product.

In 2020, the top exporters of Vehicle Chassis were Sweden ($455M), Brazil ($394M), Japan ($224M), India ($175M), and Germany ($161M).

In 2020, the top importers of Vehicle Chassis were Colombia ($157M), Australia ($134M), Malaysia ($133M), China ($109M), and Denmark ($102M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Malaysia, $18.8M

Top Destination Growth (2019 - 2020): Argentina, $36.8M

Between 2019 and 2020, the exports of Vehicle Chassis 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 Vehicle Chassis were Argentina ($36.8M), Israel ($34.1M), India ($25.1M), France ($16.8M), and Germany ($14.6M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Vehicle Chassis.

In 2020,  market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Vehicle Chassis are explained by 18 countries.

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TOP NET EXPORTER (2020): Sweden, $437M

TOP NET IMPORTER (2020): Colombia, $154M

This map shows which countries export or import more of Vehicle Chassis. Each country is colored based on the difference in exports and imports of Vehicle Chassis during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Vehicle Chassis 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 Vehicle Chassis were Colombia ($154M), Australia ($133M), Israel ($99.9M), Denmark ($92.9M), and Chile ($89.3M).

Disaggregation

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Value

In 2019, the world most traded Vehicle Chassis, disaggragated by their HS6 level were Motor vehicle chassis fitted with engine ($2.53B)

Country Comparison

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Flow
Measure
Ranking

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

Import Tariffs

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In 2018, the average tariff for importing Vehicle Chassis was 11.6%. The countries with the highest tariffs for importing Vehicle Chassis were Bermuda (75%), Pakistan (50%), and Maldives (34.2%).

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Vehicle Chassis to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.