Overview: This page contains the latest trade data of Cars. In 2018, Cars were the world's 2nd most traded product, with a total trade of $782B. Between 2017 and 2018 the exports of Cars grew by 4.68%, from $747B to $782B. Trade in Cars represent 4.25% of total world trade.
This map shows which countries export or import more of Cars. Each country is colored based on the difference in exports and imports of Cars during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Cars were Japan ($90.6B), Germany ($87B), Mexico ($40.2B), South Korea ($27.4B), and Slovakia ($18.2B).
In 2018, the countries that had a largest trade value in imports than in exports of Cars were United States ($125B), China ($36.4B), Australia ($17.8B), Italy ($15.2B), and France ($14.1B).
In 2018, the average tariff for importing Cars was 22.8%. The countries with the highest tariffs for importing Cars were Maldives (111%), India (106%), Iran (90%), Thailand (71%), and Pakistan (70.7%).
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.