Medium Sized Cars870323 (Harmonized System 1992 for 6-digit)
World Trade (2018): $290B, Rnk 5 / 4726
Top Exporter (2018): $63.5B, Germany
Top Importer (2018): $105B, United States
Product Complexity (2018): 1.2, Rnk 223 / 2722
Export Growth (CAGR)(2017 - 2018): 4.13%, Rnk 3430 / 4726
Mean Tariff (2018): 23.6%, Rnk 356 / 6538
Share of World Trade (2018): 1.58%, Rnk 5 / 4726
Overview: This page contains the latest trade data of Medium Sized Cars. In 2018, Medium Sized Cars were the world's 5th most traded product, with a total trade of $290B. Between 2017 and 2018 the exports of Medium Sized Cars grew by 4.13%, from $278B to $290B. Trade in Medium Sized Cars represent 1.58% of total world trade.
Exports: In 2018 the top exporters of Medium Sized Cars were Germany ($63.5B), Japan ($51.6B), Mexico ($31.9B), South Korea ($19.7B), and United States ($17B).
Imports: In 2018 the top importers of Medium Sized Cars were United States ($105B), China ($31.3B), Germany ($16.7B), Canada ($14B), and United Kingdom ($9.9B).
Tariffs: In 2018 the average tariff for Medium Sized Cars was 23.6%, been the 356 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Medium Sized Cars are Maldives (167%), India (106%), Pakistan (91.7%), Iran (90%), and Nepal (80%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Laos (0%), and Singapore (0%).
Ranking: Medium Sized Cars ranks 223rd in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Germany, $63.5B
Top Destination (2018): United States, $105B
Medium Sized Cars are the world's 5th most traded product.
In 2018, the top exporters of Medium Sized Cars were Germany ($63.5B), Japan ($51.6B), Mexico ($31.9B), South Korea ($19.7B), and United States ($17B).
In 2018, the top importers of Medium Sized Cars were United States ($105B), China ($31.3B), Germany ($16.7B), Canada ($14B), and United Kingdom ($9.9B).
Trade by country
Top Origin Growth (2017 - 2018): Mexico, $4.67B
Top Destination Growth (2017 - 2018): Germany, $3.29B
Between 2017 and 2018, the exports of Medium Sized Cars grew the fastest in Mexico ($4.67B), Slovakia ($4.29B), Germany ($3.96B), United Arab Emirates ($2.82B), and Belgium-Luxembourg ($2.1B).
Between 2017 and 2018, the fastest growing importers of Medium Sized Cars were Germany ($3.29B), United Kingdom ($2.21B), Russia ($1.96B), United States ($1.59B), and Spain ($967M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Medium Sized Cars.
In 2018, market concentration measured using Shannon Entropy, was 3.92. This means that most of the exports of Medium Sized Cars are explained by 15 countries.
TOP NET EXPORTER (2018): Japan, $47.2B
TOP NET IMPORTER (2018): United States, $88.4B
This map shows which countries export or import more of Medium Sized Cars. Each country is colored based on the difference in exports and imports of Medium Sized Cars during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Medium Sized Cars were Japan ($47.2B), Germany ($46.8B), Mexico ($26.8B), South Korea ($15.3B), and Slovakia ($8.31B).
In 2018, the countries that had a largest trade value in imports than in exports of Medium Sized Cars were United States ($88.4B), China ($27B), Australia ($8.86B), Russia ($4.31B), and Saudi Arabia ($3.8B).
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.
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