Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in United States

About

Exports In 2023, United States exported $355M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 8th largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 443rd most exported product in United States. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from United States are: Canada ($99.5M), Saudi Arabia ($60.9M), Mexico ($40.5M), India ($29.1M), and Malaysia ($23.7M).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of United States between 2022 and 2023 were Saudi Arabia ($60M), Mexico ($16.6M), and India ($6.71M).

Imports In 2023, United States imported $999M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 4th largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 372nd most imported product in United States. United States imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: Spain ($244M), Mexico ($239M), Canada ($184M), Japan ($168M), and Germany ($81.8M).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for United States between 2022 and 2023 were Spain ($86.1M), Mexico ($43.7M), and Japan ($37.4M).

COMPANIES In 2023, leading companies such as AGCO (150), General Motors (11), and John Deere (10) were at the forefront of shipping Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) to the United States.

Latest Trends

November 2024

About

Overview In November 2024 United States' Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports accounted up to $20M and imports accounted up to $75.5M, resulting in a negative trade balance of $55.5M. Between November 2023 and November 2024 the exports of United States' Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) have decreased by $-16.9M (-45.8%) from $36.9M to $20M, while imports decreased by $-5.27M (-6.53%) from $80.7M to $75.5M.

Destinations In November 2024, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were exported mostly to Canada ($8.48M), Mexico ($2.1M), Australia ($1.6M), India ($1.26M), and Egypt ($991k), and were imported mostly from Mexico ($50.5M), Canada ($13.7M), Japan ($5.64M), United Kingdom ($1.28M), and Germany ($1.13M).

Growth In November 2024, the decrease in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)'s year-by-year exports was explained primarily by a decrease in exports to Brazil ($-1.54M or -58.5%), Thailand ($-1.02M or -69.2%), and Indonesia ($-449k or -48.1%). In November 2024, the decrease in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)'s year-by-year imports was explained primarily by a decrease in imports from United Kingdom ($-1.62M or -49.5%), Canada ($-704k or -5.53%), and China ($-129k or -33.4%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (November 2023 - November 2024)$-16.9M(-45.8%)

IMPORT GROWTH (November 2023 - November 2024)$-5.27M(-6.53%)

MAIN EXPORTER (November 2024)California$12.7M

MAIN DESTINATION (November 2024)Canada$8.48M

This section shows Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)'s exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2023)$355M

IMPORTS (2023)$999M

NET TRADE (2023)-$644M

In 2023, United States exported $355M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of United States exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were Canada ($99.5M), Saudi Arabia ($60.9M), Mexico ($40.5M), India ($29.1M), and Malaysia ($23.7M).

In 2023, United States imported $999M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from Spain ($244M), Mexico ($239M), Canada ($184M), Japan ($168M), and Germany ($81.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Exports

Imports

Starting

Ending

THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR United States WERE (2022 - 2023):

Saudi Arabia$60M (7.2k%)

Mexico$16.6M (69.9%)

India$6.71M (30%)

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY United States WERE (2022 - 2023):

Dominican Republic-$8.71M (-87.8%)

Thailand-$7.3M (-24.4%)

Australia-$6.9M (-37%)

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