Parts and accessories of bodies nes for motor vehicle870829 (Harmonized System 1992 for 6-digit)
World Trade (2018): $68.9B, Rnk 29 / 4726
Top Exporter (2018): $12.4B, Germany
Top Importer (2018): $14.7B, United States
Product Complexity (2018): 0.79, Rnk 657 / 2722
Export Growth (CAGR)(2017 - 2018): 4.76%, Rnk 3361 / 4726
Mean Tariff (2018): 9.32%, Rnk 2448 / 6538
Share of World Trade (2018): 0.37%, Rnk 29 / 4726
Overview: This page contains the latest trade data of Parts and accessories of bodies nes for motor vehicle. In 2018, Parts and accessories of bodies nes for motor vehicle were the world's 29th most traded product, with a total trade of $68.9B. Between 2017 and 2018 the exports of Parts and accessories of bodies nes for motor vehicle grew by 4.76%, from $65.7B to $68.9B. Trade in Parts and accessories of bodies nes for motor vehicle represent 0.37% of total world trade.
Exports: In 2018 the top exporters of Parts and accessories of bodies nes for motor vehicle were Germany ($12.4B), Mexico ($6.18B), China ($4.98B), Czechia ($4.96B), and United States ($4.67B).
Imports: In 2018 the top importers of Parts and accessories of bodies nes for motor vehicle were United States ($14.7B), Germany ($9.38B), Mexico ($5B), China ($4.29B), and United Kingdom ($2.86B).
Tariffs: In 2018 the average tariff for Parts and accessories of bodies nes for motor vehicle was 9.32%, been the 2448 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Parts and accessories of bodies nes for motor vehicle are Maldives (41.5%), Bermuda (35%), Pakistan (35%), Trinidad and Tobago (33.1%), and Cape Verde (30%). The countries with the lowest tariffs are Ghana (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).
Ranking: Parts and accessories of bodies nes for motor vehicle ranks 657th in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Germany, $12.4B
Top Destination (2018): United States, $14.7B
Parts and accessories of bodies nes for motor vehicle are the world's 29th most traded product.
In 2018, the top exporters of Parts and accessories of bodies nes for motor vehicle were Germany ($12.4B), Mexico ($6.18B), China ($4.98B), Czechia ($4.96B), and United States ($4.67B).
In 2018, the top importers of Parts and accessories of bodies nes for motor vehicle were United States ($14.7B), Germany ($9.38B), Mexico ($5B), China ($4.29B), and United Kingdom ($2.86B).
Trade by country
Top Origin Growth (2017 - 2018): Germany, $572M
Top Destination Growth (2017 - 2018): United States, $1.17B
Between 2017 and 2018, the exports of Parts and accessories of bodies nes for motor vehicle grew the fastest in Germany ($572M), Mexico ($568M), United States ($547M), China ($525M), and Canada ($438M).
Between 2017 and 2018, the fastest growing importers of Parts and accessories of bodies nes for motor vehicle were United States ($1.17B), France ($380M), South Africa ($279M), Mexico ($205M), and Thailand ($177M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Parts and accessories of bodies nes for motor vehicle.
In 2018, market concentration measured using Shannon Entropy, was 4.42. This means that most of the exports of Parts and accessories of bodies nes for motor vehicle are explained by 21 countries.
TOP NET EXPORTER (2018): Canada, $3.42B
TOP NET IMPORTER (2018): United States, $9.99B
This map shows which countries export or import more of Parts and accessories of bodies nes for motor vehicle. Each country is colored based on the difference in exports and imports of Parts and accessories of bodies nes for motor vehicle during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Parts and accessories of bodies nes for motor vehicle were Canada ($3.42B), Germany ($3.06B), Czechia ($2.71B), Japan ($2.31B), and South Korea ($2.21B).
In 2018, the countries that had a largest trade value in imports than in exports of Parts and accessories of bodies nes for motor vehicle were United States ($9.99B), United Kingdom ($1.96B), Russia ($1.47B), Slovakia ($714M), and Spain ($674M).
In 2018, the average tariff for importing Parts and accessories of bodies nes for motor vehicle was 9.32%. The countries with the highest tariffs for importing Parts and accessories of bodies nes for motor vehicle were Maldives (41.5%), Bermuda (35%), Pakistan (35%), Trinidad and Tobago (33.1%), and Cape Verde (30%).
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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