Transmissions for motor vehicles870840 (Harmonized System 1992 for 6-digit)
World Trade (2018): $70.7B, Rnk 26 / 4726
Top Exporter (2018): $18.5B, Japan
Top Importer (2018): $13.3B, China
Product Complexity (2018): 1.44, Rnk 113 / 2722
Export Growth (CAGR)(2017 - 2018): 7.71%, Rnk 3001 / 4726
Mean Tariff (2018): 7.91%, Rnk 2868 / 6538
Share of World Trade (2018): 0.38%, Rnk 26 / 4726
Overview: This page contains the latest trade data of Transmissions for motor vehicles. In 2018, Transmissions for motor vehicles were the world's 26th most traded product, with a total trade of $70.7B. Between 2017 and 2018 the exports of Transmissions for motor vehicles grew by 7.71%, from $65.7B to $70.7B. Trade in Transmissions for motor vehicles represent 0.38% of total world trade.
Exports: In 2018 the top exporters of Transmissions for motor vehicles were Japan ($18.5B), Germany ($16.6B), United States ($5.89B), Mexico ($4.49B), and South Korea ($3.43B).
Imports: In 2018 the top importers of Transmissions for motor vehicles were China ($13.3B), United States ($10.4B), Germany ($5.88B), Mexico ($5.88B), and United Kingdom ($2.51B).
Tariffs: In 2018 the average tariff for Transmissions for motor vehicles was 7.91%, been the 2868 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Transmissions for motor vehicles are Maldives (41.5%), Pakistan (35%), Bermuda (35%), Cape Verde (30%), and Sri Lanka (29.3%). The countries with the lowest tariffs are Ghana (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Singapore (0%).
Ranking: Transmissions for motor vehicles ranks 113th in the Product Complexity Index (PCI).
Trade By Country
Transmissions for motor vehicles are the world's 26th most traded product.
In 2018, the top exporters of Transmissions for motor vehicles were Japan ($18.5B), Germany ($16.6B), United States ($5.89B), Mexico ($4.49B), and South Korea ($3.43B).
In 2018, the top importers of Transmissions for motor vehicles were China ($13.3B), United States ($10.4B), Germany ($5.88B), Mexico ($5.88B), and United Kingdom ($2.51B).
Trade by country
Between 2017 and 2018, the exports of Transmissions for motor vehicles grew the fastest in Germany ($2.23B), Japan ($2.07B), United States ($910M), Thailand ($504M), and China ($310M).
Between 2017 and 2018, the fastest growing importers of Transmissions for motor vehicles were China ($873M), Mexico ($843M), United States ($580M), Netherlands ($527M), and Thailand ($484M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Transmissions for motor vehicles.
In 2018, market concentration measured using Shannon Entropy, was 3.66. This means that most of the exports of Transmissions for motor vehicles are explained by 12 countries.
This map shows which countries export or import more of Transmissions for motor vehicles. Each country is colored based on the difference in exports and imports of Transmissions for motor vehicles during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Transmissions for motor vehicles were Japan ($17.4B), Germany ($10.8B), South Korea ($2.54B), Romania ($923M), and France ($520M).
In 2018, the countries that had a largest trade value in imports than in exports of Transmissions for motor vehicles were China ($11.5B), United States ($4.53B), United Kingdom ($1.79B), Brazil ($1.59B), and Spain ($1.51B).
In 2018, the average tariff for importing Transmissions for motor vehicles was 7.91%. The countries with the highest tariffs for importing Transmissions for motor vehicles were Maldives (41.5%), Pakistan (35%), Bermuda (35%), Cape Verde (30%), and Sri Lanka (29.3%).
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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