Overview: This page contains the latest trade data of Small Sized Cars. In 2019, Small Sized Cars were the world's 13th most traded product, with a total trade of $119B. Between 2018 and 2019 the exports of Small Sized Cars grew by 3.38%, from $115B to $119B. Trade in Small Sized Cars represent 0.66% of total world trade.
Exports: In 2019 the top exporters of Small Sized Cars were Germany ($14.8B), Mexico ($11.4B), Spain ($11.4B), France ($6.88B), and United Kingdom ($6.33B).
Imports: In 2019 the top importers of Small Sized Cars were United States ($20.2B), Germany ($13.9B), United Kingdom ($10B), France ($9.58B), and Belgium ($6.37B).
Tariffs: In 2018 the average tariff for Small Sized Cars was 20.9%, making it the 552nd lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Small Sized Cars are Maldives (167%), India (106%), Iran (90%), Nepal (80%), and Thailand (66.4%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Laos (0%), and Singapore (0%).
Ranking: Small Sized Cars ranks 1933rd in the Product Complexity Index (PCI).
Description: Small sized cars, often called compact cars, are ideal for those with smaller families or those who do not have many passengers. They are also great for those who live in a city or other area where there are a lot of tight turns and other obstacles that might make for a difficult drive with a larger car. These cars are also usually cheaper to buy and maintain.