Overview: This page contains the latest trade data of Micro Cars. In 2019, Micro Cars were the world's 50th most traded product, with a total trade of $43.8B. Between 2018 and 2019 the exports of Micro Cars grew by 7.11%, from $40.9B to $43.8B. Trade in Micro Cars represent 0.24% of total world trade.
Exports: In 2019 the top exporters of Micro Cars were Spain ($6.48B), Germany ($5.5B), Czechia ($4.96B), Turkey ($2.45B), and South Korea ($2.45B).
Imports: In 2019 the top importers of Micro Cars were Germany ($7.01B), France ($5.31B), United Kingdom ($4.32B), Italy ($3.89B), and Saudi Arabia ($2.34B).
Tariffs: In 2018 the average tariff for Micro Cars was 21.5%, making it the 513th lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Micro Cars are Maldives (164%), India (106%), Iran (90%), Thailand (70%), and Vietnam (60.8%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Belarus (0%).
Ranking: Micro Cars ranks 1478th in the Product Complexity Index (PCI).
Description: A micro car is usually a very compact car that is cheaper to run and easier to park for individuals who live in big cities.