Overview This page contains the latest trade data of Vehicle Chassis. In 2019, Vehicle Chassis were the world's 595th most traded product, with a total trade of $3.41B. Between 2018 and 2019 the exports of Vehicle Chassis decreased by -18.2%, from $4.17B to $3.41B. Trade in Vehicle Chassis represent 0.019% of total world trade.

Exports In 2019 the top exporters of Vehicle Chassis  were Sweden ($611M), Brazil ($543M), Japan ($376M), India ($342M), and Germany ($166M).

Imports In 2019 the top importers of Vehicle Chassis were Colombia ($241M), Mexico ($185M), Malaysia ($162M), Spain ($137M), and United Kingdom ($127M).

Tariffs In 2018 the average tariff for Vehicle Chassis was 11.8%, making it the 322nd lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Vehicle Chassis are Bermuda (75%), Pakistan (50%), Maldives (34.2%), Nepal (32.8%), and Aruba (32.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking Vehicle Chassis ranks 287th in the Product Complexity Index (PCI).

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): Sweden, $611M

Top Destination (2019): Colombia, $241M

Vehicle Chassis are the world's 595th most traded product.

In 2019, the top exporters of Vehicle Chassis were Sweden ($611M), Brazil ($543M), Japan ($376M), India ($342M), and Germany ($166M).

In 2019, the top importers of Vehicle Chassis were Colombia ($241M), Mexico ($185M), Malaysia ($162M), Spain ($137M), and United Kingdom ($127M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Mexico, $26.5M

Top Destination Growth (2018 - 2019): Colombia, $161M

Between 2018 and 2019, the exports of Vehicle Chassis grew the fastest in Mexico ($26.5M), Spain ($22.5M), South Africa ($18.1M), Brazil ($16.8M), and Ireland ($11.3M).

Between 2018 and 2019, the fastest growing importers of Vehicle Chassis were Colombia ($161M), Jordan ($30.9M), Belgium ($28.6M), United Arab Emirates ($28.2M), and Mexico ($26.9M).

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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 Chassis.

In 2019,  market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Vehicle Chassis are explained by 16 countries.

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TOP NET EXPORTER (2019): Sweden, $605M

TOP NET IMPORTER (2019): Colombia, $229M

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

In 2019, the countries that had a largest trade value in exports than in imports of Vehicle Chassis were Sweden ($605M), Brazil ($503M), Japan ($370M), India ($320M), and Netherlands ($145M).

In 2019, the countries that had a largest trade value in imports than in exports of Vehicle Chassis were Colombia ($229M), Mexico ($142M), Malaysia ($131M), Chile ($119M), and Australia ($118M).

Disaggregation

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Value

In 2019, the world most traded Vehicle Chassis, disaggragated by their HS6 level were Motor vehicle chassis fitted with engine ($3.41B)

Import Tariffs

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In 2018, the average tariff for importing Vehicle Chassis was 11.8%. The countries with the highest tariffs for importing Vehicle Chassis were Bermuda (75%), Pakistan (50%), Maldives (34.2%), Nepal (32.8%), and Aruba (32.7%).

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.