Overview: This page contains the latest trade data of Spark ignition engine trucks weighing < 5 tonnes. In 2018, Spark ignition engine trucks weighing < 5 tonnes were the world's 71st most traded product, with a total trade of $33B. Between 2017 and 2018 the exports of Spark ignition engine trucks weighing < 5 tonnes decreased by -1.55%, from $33.5B to $33B. Trade in Spark ignition engine trucks weighing < 5 tonnes represent 0.18% of total world trade.
Exports: In 2018 the top exporters of Spark ignition engine trucks weighing < 5 tonnes were Mexico ($16.1B), United States ($9.05B), Canada ($2.35B), Japan ($932M), and Brazil ($730M).
Tariffs: In 2018 the average tariff for Spark ignition engine trucks weighing < 5 tonnes was 16.9%, been the 842 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Spark ignition engine trucks weighing < 5 tonnes are Iran (90%), Pakistan (56.7%), Indonesia (38.2%), Thailand (38.1%), and Maldives (35%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Laos (0%), and Singapore (0%).
Ranking: Spark ignition engine trucks weighing < 5 tonnes ranks 1714th in the Product Complexity Index (PCI).
Spark ignition engine trucks weighing < 5 tonnes are the world's 71st most traded product.
In 2018, the top exporters of Spark ignition engine trucks weighing < 5 tonnes were Mexico ($16.1B), United States ($9.05B), Canada ($2.35B), Japan ($932M), and Brazil ($730M).
Top Destination Growth (2017 - 2018): United States, $1.4B
Between 2017 and 2018, the exports of Spark ignition engine trucks weighing < 5 tonnes grew the fastest in Canada ($2.05B), Turkey ($217M), United Arab Emirates ($157M), China ($138M), and Poland ($96.9M).
Between 2017 and 2018, the fastest growing importers of Spark ignition engine trucks weighing < 5 tonnes were United States ($1.4B), Germany ($127M), France ($69.9M), Algeria ($55.4M), and Belgium-Luxembourg ($55.2M).
This chart shows the evolution of the market concentration of exports of Spark ignition engine trucks weighing < 5 tonnes.
In 2018, market concentration measured using Shannon Entropy, was 2.39. This means that most of the exports of Spark ignition engine trucks weighing < 5 tonnes are explained by 5 countries.
This map shows which countries export or import more of Spark ignition engine trucks weighing < 5 tonnes. Each country is colored based on the difference in exports and imports of Spark ignition engine trucks weighing < 5 tonnes during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Spark ignition engine trucks weighing < 5 tonnes were Mexico ($14.9B), Japan ($815M), Brazil ($546M), Spain ($524M), and Turkey ($483M).
In 2018, the countries that had a largest trade value in imports than in exports of Spark ignition engine trucks weighing < 5 tonnes were United States ($8.34B), Canada ($6.31B), Chile ($243M), Saudi Arabia ($239M), and United Arab Emirates ($224M).
In 2018, the average tariff for importing Spark ignition engine trucks weighing < 5 tonnes was 16.9%. The countries with the highest tariffs for importing Spark ignition engine trucks weighing < 5 tonnes were Iran (90%), Pakistan (56.7%), Indonesia (38.2%), Thailand (38.1%), and Maldives (35%).
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.