2022
Exports
$50BWorld Rnk 2 / 226
Flag Rnk 8 / 1216
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1Rnk 170 / 1025
2022
Imports
$23.2BWorld Rnk 4 / 225
Flag Rnk 14 / 1212

About

Exports In 2022, China exported $50B in Motor vehicles; parts and accessories (8701 to 8705), making it the 2nd largest exporter of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 8th most exported product in China. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from China are: United States ($11.6B), Mexico ($3.57B), Japan ($3.38B), Germany ($2.43B), and South Korea ($2.11B).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of China between 2021 and 2022 were United States ($753M), Mexico ($526M), and United Arab Emirates ($440M).

Imports In 2022, China imported $23.2B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 4th largest importer of Motor vehicles; parts and accessories (8701 to 8705) in the world. At the same year, Motor vehicles; parts and accessories (8701 to 8705) was the 14th most imported product in China. China imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: Germany ($9.81B), Japan ($4.61B), Mexico ($2.64B), United States ($1.55B), and South Korea ($1.12B).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for China between 2021 and 2022 were Mexico ($1.72B), United Kingdom ($67.3M), and United Arab Emirates ($17.6M).

COMPANIES In 2023, leading companies such as General Motors (747), Volvo (383), and Cummins (256) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from China to the United States.

Latest Trends

Oct 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Motor vehicles; parts and accessories (8701 to 8705). Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$50B
IMPORTS (2022)$23.2B
NET TRADE (2022)$26.8B

In 2022, China exported $50B in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of China exports on Motor vehicles; parts and accessories (8701 to 8705) were United States ($11.6B), Mexico ($3.57B), Japan ($3.38B), Germany ($2.43B), and South Korea ($2.11B).

In 2022, China imported $23.2B in Motor vehicles; parts and accessories (8701 to 8705), mainly from Germany ($9.81B), Japan ($4.61B), Mexico ($2.64B), United States ($1.55B), and South Korea ($1.12B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$753M (6.92%)
Mexico$526M (17.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY China WERE (2021 - 2022):
China-$107M (-40.2%)
Russia-$90.2M (-5.89%)
Chinese Taipei-$69.1M (-9.72%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Motor vehicles; parts and accessories (8701 to 8705) were:
In 2022, China's main importing competitors in Motor vehicles; parts and accessories (8701 to 8705) were:

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Trade Value of Motor vehicles; parts and accessories (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
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N/AN/AN/A
TOP IMPORT POTENTIALJapan+ $1.09B

Motor vehicles; parts and accessories (8701 to 8705)’s highest export potential is N/A. With an export gap of N/A.   Motor vehicles; parts and accessories (8701 to 8705)’s highest import potential is Japan with an import gap of $1.09B.

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