HS Icon Diesel powered buses

870210 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $15.9B, Rnk 177 / 4648

2019
Top Exporter | Top Importer
: $2.01B | $1.17B, Japan | Germany

2019
Product Complexity
: 0.4, Rnk 1882 / 4826

2018 - 2019
Export Growth (CAGR)
: 2.76%, Rnk 1042 / 4648

2018
Mean Tariff
: 13.5%, Rnk 1470 / 6538

 2019
Share of World Trade
: 0.088%, Rnk 177 / 4648

Overview:  This page contains the latest trade data of Diesel powered buses. In 2019, Diesel powered buses were the world's 177th most traded product, with a total trade of $15.9B. Between 2018 and 2019 the exports of Diesel powered buses grew by 2.76%, from  $15.5B to $15.9B. Trade in Diesel powered buses represent 0.088% of total world trade.

Exports: In 2019 the top exporters of Diesel powered buses  were Japan ($2.01B), Turkey ($1.94B), China ($1.86B), Germany ($1.43B), and Poland ($1.11B).

Imports: In 2019 the top importers of Diesel powered buses were Germany ($1.17B), United States ($1.16B), France ($1B), Saudi Arabia ($795M), and Philippines ($713M).

Tariffs: In 2018 the average tariff for Diesel powered buses was 13.5%, making it the 1470th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Diesel powered buses are Maldives (150%), Vietnam (46.3%), Nepal (42.5%), Thailand (38%), and Zimbabwe (35.6%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking: Diesel powered buses ranks 1882nd in the Product Complexity Index (PCI).

Description: Diesel buses are typically found in smaller cities where people live close together. They are typically used for shorter distances, and to transport people living in the suburbs to the city center. Diesel buses are usually cheaper than compressed natural gas buses, and are a good option for smaller cities and towns that cannot afford a larger transportation system. Diesel buses are also found in school districts, and are the most common type of bus found in a school bus.

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2019): Japan, $2.01B

Top Destination (2019): Germany, $1.17B

Diesel powered buses are the world's 177th most traded product.

In 2019, the top exporters of Diesel powered buses were Japan ($2.01B), Turkey ($1.94B), China ($1.86B), Germany ($1.43B), and Poland ($1.11B).

In 2019, the top importers of Diesel powered buses were Germany ($1.17B), United States ($1.16B), France ($1B), Saudi Arabia ($795M), and Philippines ($713M).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Value

Top Origin Growth (2018 -  2019): Japan, $260M

Top Destination Growth (2018 - 2019): Saudi Arabia, $374M

Between 2018 and 2019, the exports of Diesel powered buses grew the fastest in Japan ($260M), Poland ($196M), Turkey ($167M), France ($167M), and Netherlands ($59.9M).

Between 2018 and 2019, the fastest growing importers of Diesel powered buses were Saudi Arabia ($374M), Norway ($259M), United Arab Emirates ($192M), Philippines ($148M), and Sweden ($126M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

This chart shows the evolution of the market concentration of exports of Diesel powered buses.

In 2019,  market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Diesel powered buses are explained by 21 countries.

Explore Visualizations

TOP NET EXPORTER (2019): Japan, $1.97B

TOP NET IMPORTER (2019): Saudi Arabia, $795M

This map shows which countries export or import more of Diesel powered buses. Each country is colored based on the difference in exports and imports of Diesel powered buses during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Diesel powered buses were Japan ($1.97B), Turkey ($1.93B), China ($1.85B), Poland ($926M), and South Korea ($611M).

In 2019, the countries that had a largest trade value in imports than in exports of Diesel powered buses were Saudi Arabia ($795M), Philippines ($712M), Italy ($575M), United States ($527M), and Norway ($414M).

Import Tariffs

#permalink to section

In 2018, the average tariff for importing Diesel powered buses was 13.5%.  The countries with the highest tariffs for importing Diesel powered buses were Maldives (150%), Vietnam (46.3%), Nepal (42.5%), Thailand (38%), and Zimbabwe (35.6%).

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.