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870830 (Harmonized System 2007 for 6-digit)

2022
World Trade $35.3BRnk 90 / 5023
2022
Top Exporter | Top Importer $7.99B | $7.72BChina | United States
2022
Product Complexity 0.9Rnk 1002 / 5030
2021 - 2022
Export Growth (CAGR) 10.1%Rnk 1808 / 5023
2022
Share of World Trade 0.15%Rnk 90 / 5023

About

Overview This page contains the latest trade data of Vehicle parts: Brakes, servo-brake and parts. In 2022, Vehicle parts: Brakes, servo-brake and parts were the world's 90th most traded product, with a total trade of $35.3B. Between 2021 and 2022 the exports of Vehicle parts: Brakes, servo-brake and parts grew by 10.1%, from $32.1B to $35.3B. Trade in Vehicle parts: Brakes, servo-brake and parts represent 0.15% of total world trade.

Vehicle parts: Brakes, servo-brake and parts are a part of Motor vehicles; parts and accessories, of heading no. 8701 to 8705.

Exports In 2022 the top exporters of Vehicle parts: Brakes, servo-brake and parts  were China ($7.99B), Germany ($4.87B), Mexico ($3.42B), United States ($2.5B), and Italy ($2.31B).

Imports In 2022 the top importers of Vehicle parts: Brakes, servo-brake and parts were United States ($7.72B), Germany ($4.05B), Mexico ($2.6B), Canada ($1.52B), and Poland ($1.33B).

Ranking Vehicle parts: Brakes, servo-brake and parts ranks 1002nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Vehicle parts: Brakes, servo-brake and parts. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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 (2022)China$7.99B
Top Destination (2022)United States$7.72B

In 2022 Vehicle parts: Brakes, servo-brake and parts were the world's 90th most traded product (out of 5,023).

In 2022, the top exporters of Vehicle parts: Brakes, servo-brake and parts were China ($7.99B), Germany ($4.87B), Mexico ($3.42B), United States ($2.5B), and Italy ($2.31B).

In 2022, the top importers of Vehicle parts: Brakes, servo-brake and parts were United States ($7.72B), Germany ($4.05B), Mexico ($2.6B), Canada ($1.52B), and Poland ($1.33B).

Explore Visualizations

Exporters of Vehicle parts: Brakes, servo-brake and parts (2022)
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Importers of Vehicle parts: Brakes, servo-brake and parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.94B
Top Destination Growth (2021 -  2022)United States$1.54B

Between 2021 and 2022, the exports of Vehicle parts: Brakes, servo-brake and parts grew the fastest in China ($1.94B), Mexico ($669M), United States ($320M), Poland ($144M), and India ($117M).

Between 2021 and 2022, the fastest growing importers of Vehicle parts: Brakes, servo-brake and parts were United States ($1.54B), Mexico ($449M), Canada ($358M), Indonesia ($109M), and United Arab Emirates ($84.1M).

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Exporters of Vehicle parts: Brakes, servo-brake and parts (2021 - 2022)

Importers of Vehicle parts: Brakes, servo-brake and parts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vehicle parts: Brakes, servo-brake and parts.

In 2022, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Vehicle parts: Brakes, servo-brake and parts are explained by 16 countries.

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Value of Exports in Vehicle parts: Brakes, servo-brake and parts

Net Trade

TOP NET EXPORTER (2022)China$7.1B
TOP NET IMPORTER (2022)United States$5.22B

This map shows which countries export or import more of Vehicle parts: Brakes, servo-brake and parts. Each country is colored based on the difference in exports and imports of Vehicle parts: Brakes, servo-brake and parts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vehicle parts: Brakes, servo-brake and parts were China ($7.1B), Italy ($1.2B), Japan ($954M), Germany ($819M), and Mexico ($816M).

In 2022, the countries that had a largest trade value in imports than in exports of Vehicle parts: Brakes, servo-brake and parts were United States ($5.22B), Canada ($1.19B), United Kingdom ($581M), Russia ($547M), and France ($495M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Vehicle parts: Brakes, servo-brake and parts 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 (2022)

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