HS Icon Vehicle Bodies

8707 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Vehicle Bodies. In 2019, Vehicle Bodies were the world's 337th most traded product, with a total trade of $9.13B. Between 2018 and 2019 the exports of Vehicle Bodies decreased by -2.79%, from $9.39B to $9.13B. Trade in Vehicle Bodies represent 0.05% of total world trade.

Vehicle Bodies are a part of Vehicles and their parts. They include Bodies for tractors, buses, trucks etc and Bodies for passenger carrying vehicles.

Exports In 2019 the top exporters of Vehicle Bodies  were Germany ($1.46B), Sweden ($1.03B), United States ($866M), Belgium ($856M), and Slovakia ($449M).

Imports In 2019 the top importers of Vehicle Bodies were Netherlands ($1.88B), Russia ($973M), United States ($865M), United Kingdom ($709M), and France ($474M).

Tariffs In 2018 the average tariff for Vehicle Bodies was 10.6%, making it the 385th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Vehicle Bodies are Fiji (198%), Thailand (52.3%), Pakistan (49.9%), and Bermuda (35%). The countries with the lowest tariffs are Hong Kong (0%), Japan (0%), Singapore (0%), Switzerland (0%), and Norway (0%).

Ranking Vehicle Bodies ranks 219th in the Product Complexity Index (PCI).

Description Bodies for tractors are the main part of a tractor. They can be made from many different materials, including steel, aluminum, and plastic.

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The following visualization shows the latest trends on Vehicle Bodies. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using October 2021 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Germany, $1.46B

Top Destination (2019): Netherlands, $1.88B

Vehicle Bodies are the world's 337th most traded product.

In 2019, the top exporters of Vehicle Bodies were Germany ($1.46B), Sweden ($1.03B), United States ($866M), Belgium ($856M), and Slovakia ($449M).

In 2019, the top importers of Vehicle Bodies were Netherlands ($1.88B), Russia ($973M), United States ($865M), United Kingdom ($709M), and France ($474M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Slovakia, $302M

Top Destination Growth (2018 - 2019): Russia, $402M

Between 2018 and 2019, the exports of Vehicle Bodies grew the fastest in Slovakia ($302M), Poland ($102M), Slovenia ($94.9M), Austria ($70.8M), and Japan ($54M).

Between 2018 and 2019, the fastest growing importers of Vehicle Bodies were Russia ($402M), United Kingdom ($185M), Kazakhstan ($84.3M), Austria ($75.1M), and Slovenia ($44.2M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Vehicle Bodies.

In 2019,  market concentration measured using Shannon Entropy, was 4.34. This means that most of the exports of Vehicle Bodies are explained by 20 countries.

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TOP NET EXPORTER (2019): Germany, $1.1B

TOP NET IMPORTER (2019): Netherlands, $1.79B

This map shows which countries export or import more of Vehicle Bodies. Each country is colored based on the difference in exports and imports of Vehicle Bodies during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Vehicle Bodies were Germany ($1.1B), Sweden ($947M), Belgium ($573M), Slovakia ($443M), and Czechia ($361M).

In 2019, the countries that had a largest trade value in imports than in exports of Vehicle Bodies were Netherlands ($1.79B), Russia ($742M), United Kingdom ($644M), Kazakhstan ($310M), and Morocco ($207M).

Disaggregation

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Value

In 2019, the world most traded Vehicle Bodies, disaggragated by their HS6 level were Bodies for tractors, buses, trucks etc ($5.63B) and Bodies for passenger carrying vehicles ($3.49B)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Vehicle Bodies.
It is possible to select the main countries that export or import Vehicle Bodies in the world, or by continent, as well as select the measure of interest.

Import Tariffs

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In 2018, the average tariff for importing Vehicle Bodies was 10.6%. The countries with the highest tariffs for importing Vehicle Bodies were Fiji (198%), Thailand (52.3%), Pakistan (49.9%), and Bermuda (35%).

Product Complexity

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Diversification Frontier

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Specialization

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.

Country by Relatedness

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The following visualization shows the relatedness of Vehicle Bodies to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.