HS Icon Bodies for tractors, buses, trucks etc

870790 (Harmonized System 1992 for 6-digit)

World Trade (2019): $5.63B, Rnk 562 / 4648

Top Exporter (2019): $963M, Sweden

Top Importer (2019): $1.37B, Netherlands

Product Complexity (2019): 0.98, Rnk 790 / 4826

Export Growth (CAGR)(2018 - 2019): -4.72%, Rnk 2550 / 4648

Mean Tariff (2018): 9.55%, Rnk 2391 / 6538

Share of World Trade (2019): 0.031%, Rnk 562 / 4648

Overview:  This page contains the latest trade data of Bodies for tractors, buses, trucks etc. In 2019, Bodies for tractors, buses, trucks etc were the world's 562nd most traded product, with a total trade of $5.63B. Between 2018 and 2019 the exports of Bodies for tractors, buses, trucks etc decreased by -4.72%, from  $5.91B to $5.63B. Trade in Bodies for tractors, buses, trucks etc represent 0.031% of total world trade.

Exports: In 2019 the top exporters of Bodies for tractors, buses, trucks etc  were Sweden ($963M), Germany ($922M), Belgium ($849M), Japan ($335M), and France ($334M).

Imports: In 2019 the top importers of Bodies for tractors, buses, trucks etc were Netherlands ($1.37B), United States ($843M), France ($428M), Poland ($318M), and United Kingdom ($311M).

Tariffs: In 2018 the average tariff for Bodies for tractors, buses, trucks etc was 9.55%, making it the 2391st lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Bodies for tractors, buses, trucks etc are Pakistan (49.9%), Thailand (38.1%), Bermuda (35%), Maldives (34.2%), and Fiji (31.1%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Bodies for tractors, buses, trucks etc ranks 790th in the Product Complexity Index (PCI).

Description: Tractors use a body to attach implements such as plows and cultivators to. Buses use a body to attach seats and a steering wheel to. Trucks use a body to attach a cab to.

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): Sweden, $963M

Top Destination (2019): Netherlands, $1.37B

Bodies for tractors, buses, trucks etc are the world's 562nd most traded product.

In 2019, the top exporters of Bodies for tractors, buses, trucks etc were Sweden ($963M), Germany ($922M), Belgium ($849M), Japan ($335M), and France ($334M).

In 2019, the top importers of Bodies for tractors, buses, trucks etc were Netherlands ($1.37B), United States ($843M), France ($428M), Poland ($318M), and United Kingdom ($311M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Japan, $61.2M

Top Destination Growth (2018 - 2019): Kazakhstan, $31M

Between 2018 and 2019, the exports of Bodies for tractors, buses, trucks etc grew the fastest in Japan ($61.2M), Austria ($25.7M), Sweden ($22.9M), South Africa ($18.2M), and Russia ($13.7M).

Between 2018 and 2019, the fastest growing importers of Bodies for tractors, buses, trucks etc were Kazakhstan ($31M), Mongolia ($30.7M), Brazil ($21.7M), Mozambique ($18.2M), and Peru ($17.3M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Bodies for tractors, buses, trucks etc.

In 2019,  market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Bodies for tractors, buses, trucks etc are explained by 16 countries.

Explore Visualizations

TOP NET EXPORTER (2019): Sweden, $880M

TOP NET IMPORTER (2019): Netherlands, $1.3B

This map shows which countries export or import more of Bodies for tractors, buses, trucks etc. Each country is colored based on the difference in exports and imports of Bodies for tractors, buses, trucks etc during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Bodies for tractors, buses, trucks etc were Sweden ($880M), Germany ($701M), Belgium ($630M), Japan ($313M), and Brazil ($186M).

In 2019, the countries that had a largest trade value in imports than in exports of Bodies for tractors, buses, trucks etc were Netherlands ($1.3B), United States ($678M), United Kingdom ($263M), Poland ($164M), and Chile ($128M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Bodies for tractors, buses, trucks etc was 9.55%.  The countries with the highest tariffs for importing Bodies for tractors, buses, trucks etc were Pakistan (49.9%), Thailand (38.1%), Bermuda (35%), Maldives (34.2%), and Fiji (31.1%).

Explore Tariff Data

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
Filter

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.