2022
Exports | Imports
$6.99B | $4.8BWorld Rnk 15 / 226
Flag Rnk 8 / 1212
World Rnk 22 / 225
Flag Rnk 18 / 1206
2022
ECONOMIC COMPLEXITY of India
0.57Rnk 42 / 124
2022
PRODUCT COMPLEXITY IN Motor vehicles; parts and accessories (8701 to 8705)
1.07Rnk 149 / 1025

About

Exports In 2022, India exported $6.99B in Motor vehicles; parts and accessories (8701 to 8705), making it the 15th 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 India. The main destination of Motor vehicles; parts and accessories (8701 to 8705) exports from India are: United States ($2.05B), Turkey ($483M), Germany ($384M), Mexico ($345M), and Brazil ($304M).

The fastest growing export markets for Motor vehicles; parts and accessories (8701 to 8705) of India between 2021 and 2022 were United States ($281M), Indonesia ($119M), and Japan ($72.8M).

Imports In 2022, India imported $4.8B in Motor vehicles; parts and accessories (8701 to 8705), becoming the 22nd 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 18th most imported product in India. India imports Motor vehicles; parts and accessories (8701 to 8705) primarily from: China ($1.01B), South Korea ($906M), Japan ($684M), Germany ($457M), and United States ($379M).

The fastest growing import markets in Motor vehicles; parts and accessories (8701 to 8705) for India between 2021 and 2022 were United States ($106M), Singapore ($98.3M), and Japan ($89.6M).

COMPANIES In 2023, leading companies such as WAL-MART INC. (22.5k), FORD MOTOR COMPANY (6.81k), and ROBERT BOSCH TOOL CORPORATION (4.36k) were at the forefront of shipping Motor vehicles; parts and accessories (8701 to 8705) from India to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

View
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.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$6.99B
IMPORTS (2022)$4.8B
NET TRADE (2022)$2.2B

In 2022, India exported $6.99B in Motor vehicles; parts and accessories (8701 to 8705). The main destinations of India exports on Motor vehicles; parts and accessories (8701 to 8705) were United States ($2.05B), Turkey ($483M), Germany ($384M), Mexico ($345M), and Brazil ($304M).

In 2022, India imported $4.8B in Motor vehicles; parts and accessories (8701 to 8705), mainly from China ($1.01B), South Korea ($906M), Japan ($684M), Germany ($457M), and United States ($379M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Motor vehicles; parts and accessories (8701 to 8705) EXPORT MARKETS FOR India WERE (2021 - 2022):
United States$281M (15.9%)
Indonesia$119M (137%)
Japan$72.8M (42.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Motor vehicles; parts and accessories (8701 to 8705) BY India WERE (2021 - 2022):
Russia-$94.3M (-77.9%)
Germany-$28.8M (-6.97%)
Romania-$20M (-43.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with