HS Icon Medium Diesel Engine Cars

870332 (Harmonized System 1992 for 6-digit)

World Trade (2018): $127B, Rnk 13 / 4726

Top Exporter (2018): $38.7B, Germany

Top Importer (2018): $19B, Germany

Product Complexity (2018): 0.66, Rnk 1361 / 4873

Export Growth (CAGR)(2017 - 2018): -8.65%, Rnk 4279 / 4726

Mean Tariff (2018): 22.2%, Rnk 469 / 6538

Share of World Trade (2018): 0.69%, Rnk 13 / 4726

Overview:  This page contains the latest trade data of Medium Diesel Engine Cars. In 2018, Medium Diesel Engine Cars were the world's 13th most traded product, with a total trade of $127B. Between 2017 and 2018 the exports of Medium Diesel Engine Cars decreased by -8.65%, from  $139B to $127B. Trade in Medium Diesel Engine Cars represent 0.69% of total world trade.

Exports: In 2018 the top exporters of Medium Diesel Engine Cars  were Germany ($38.7B), Spain ($11B), France ($9.32B), Czechia ($8.11B), and Belgium-Luxembourg ($7.97B).

Imports: In 2018 the top importers of Medium Diesel Engine Cars were Germany ($19B), Italy ($14.3B), United Kingdom ($13.8B), France ($12.7B), and Belgium-Luxembourg ($8.17B).

Tariffs: In 2018 the average tariff for Medium Diesel Engine Cars was 22.2%, been the 469 lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Medium Diesel Engine Cars are Maldives (150%), India (106%), Iran (90%), Nepal (80%), and Pakistan (79%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Laos (0%), and Singapore (0%).

Ranking: Medium Diesel Engine Cars ranks 1361st in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Germany, $38.7B

Top Destination (2018): Germany, $19B

Medium Diesel Engine Cars are the world's 13th most traded product.

In 2018, the top exporters of Medium Diesel Engine Cars were Germany ($38.7B), Spain ($11B), France ($9.32B), Czechia ($8.11B), and Belgium-Luxembourg ($7.97B).

In 2018, the top importers of Medium Diesel Engine Cars were Germany ($19B), Italy ($14.3B), United Kingdom ($13.8B), France ($12.7B), and Belgium-Luxembourg ($8.17B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Thailand, $2.17B

Top Destination Growth (2017 - 2018): Japan, $379M

Between 2017 and 2018, the exports of Medium Diesel Engine Cars grew the fastest in Thailand ($2.17B), Sweden ($1.05B), Austria ($977M), Morocco ($652M), and Finland ($490M).

Between 2017 and 2018, the fastest growing importers of Medium Diesel Engine Cars were Japan ($379M), South Korea ($255M), Denmark ($252M), Morocco ($252M), and Algeria ($180M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Medium Diesel Engine Cars.

In 2018,  market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Medium Diesel Engine Cars are explained by 15 countries.

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TOP NET EXPORTER (2018): Germany, $19.6B

TOP NET IMPORTER (2018): Italy, $10.3B

This map shows which countries export or import more of Medium Diesel Engine Cars. Each country is colored based on the difference in exports and imports of Medium Diesel Engine Cars during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Medium Diesel Engine Cars were Germany ($19.6B), Czechia ($6.83B), Mexico ($3.85B), Spain ($3.1B), and Thailand ($3.03B).

In 2018, the countries that had a largest trade value in imports than in exports of Medium Diesel Engine Cars were Italy ($10.3B), United Kingdom ($8.65B), France ($3.39B), Switzerland ($2.62B), and Australia ($2.2B).

Trade Forecasts

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This section shows forecasts for total trade for Medium Diesel Engine Cars. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Medium Diesel Engine Cars was 22.2%.  The countries with the highest tariffs for importing Medium Diesel Engine Cars were Maldives (150%), India (106%), Iran (90%), Nepal (80%), and Pakistan (79%).

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Product Complexity

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Diversification Frontier

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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.