Overview: This page contains the latest trade data of Motor vehicle parts nes. In 2018, Motor vehicle parts nes were the world's 18th most traded product, with a total trade of $99.3B. Between 2017 and 2018 the exports of Motor vehicle parts nes grew by 10.1%, from $90.2B to $99.3B. Trade in Motor vehicle parts nes represent 0.54% of total world trade.
Imports: In 2018 the top importers of Motor vehicle parts neswere United States ($17.6B), Germany ($10B), Mexico ($5.93B), France ($4.75B), and Spain ($4.56B).
Tariffs: In 2018 the average tariff for Motor vehicle parts nes was 8.7%, been the 2637 lowest tariff using the HS6 product classification.
In 2018, the top importers of Motor vehicle parts nes were United States ($17.6B), Germany ($10B), Mexico ($5.93B), France ($4.75B), and Spain ($4.56B).
Between 2017 and 2018, the fastest growing importers of Motor vehicle parts nes were Germany ($2.04B), Mexico ($940M), Japan ($812M), United States ($788M), and France ($749M).
This chart shows the evolution of the market concentration of exports of Motor vehicle parts nes.
In 2018, market concentration measured using Shannon Entropy, was 4.71. This means that most of the exports of Motor vehicle parts nes are explained by 26 countries.
This map shows which countries export or import more of Motor vehicle parts nes. Each country is colored based on the difference in exports and imports of Motor vehicle parts nes during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Motor vehicle parts nes were South Korea ($6.82B), Italy ($3.5B), Japan ($2.28B), China ($2.04B), and Germany ($1.5B).
In 2018, the countries that had a largest trade value in imports than in exports of Motor vehicle parts nes were United States ($10.3B), Russia ($1.74B), United Kingdom ($1.13B), Slovakia ($990M), and Brazil ($830M).
In 2018, the average tariff for importing Motor vehicle parts nes was 8.7%. The countries with the highest tariffs for importing Motor vehicle parts nes were Maldives (41.5%), Pakistan (35%), Bermuda (35%), Cape Verde (30%), and Thailand (28.6%).
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.