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Brake system parts except linings for motor vehicles

870839 (Harmonized System 1992 for 6-digit)

2022
World Trade $35.2BRnk 86 / 4648
2022
Top Exporter | Top Importer $7.91B | $8.14BChina | United States
2022
Product Complexity 0.93Rnk 888 / 4653
2021 - 2022
Export Growth (CAGR) 8.77%Rnk 1746 / 4648
2022
Share of World Trade 0.15%Rnk 86 / 4648

About

Overview This page contains the latest trade data of Brake system parts except linings. In 2022, Brake system parts except linings were the world's 86th most traded product, with a total trade of $35.2B. Between 2021 and 2022 the exports of Brake system parts except linings grew by 8.77%, from $32.3B to $35.2B. Trade in Brake system parts except linings represent 0.15% of total world trade.

Brake system parts except linings are a part of Motor vehicles; parts and accessories (8701 to 8705).

Exports In 2022 the top exporters of Brake system parts except linings  were China ($7.91B), Germany ($4.75B), Mexico ($3.87B), United States ($2.46B), and Italy ($2.23B).

Imports In 2022 the top importers of Brake system parts except linings were United States ($8.14B), Germany ($4.1B), Mexico ($2.27B), Canada ($1.53B), and France ($1.34B).

Ranking Brake system parts except linings ranks 888th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Brake system parts except linings. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$7.91B
Top Destination (2022)United States$8.14B

In 2022 Brake system parts except linings were the world's 86th most traded product (out of 4,648).

In 2022, the top exporters of Brake system parts except linings were China ($7.91B), Germany ($4.75B), Mexico ($3.87B), United States ($2.46B), and Italy ($2.23B).

In 2022, the top importers of Brake system parts except linings were United States ($8.14B), Germany ($4.1B), Mexico ($2.27B), Canada ($1.53B), and France ($1.34B).

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Exporters of Brake system parts except linings (2022)
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Importers of Brake system parts except linings (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.73B
Top Destination Growth (2021 -  2022)United States$1.49B

Between 2021 and 2022, the exports of Brake system parts except linings grew the fastest in China ($1.73B), Mexico ($707M), United States ($281M), Poland ($128M), and Japan ($121M).

Between 2021 and 2022, the fastest growing importers of Brake system parts except linings were United States ($1.49B), Mexico ($331M), Canada ($308M), Indonesia ($104M), and Japan ($79.6M).

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Exporters of Brake system parts except linings (2021 - 2022)

Importers of Brake system parts except linings (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Brake system parts except linings.

In 2022, market concentration measured using Shannon Entropy, was 4.01. This means that most of the exports of Brake system parts except linings are explained by 16 countries.

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Value of Exports in Brake system parts except linings

Net Trade

TOP NET EXPORTER (2022)China$7.09B
TOP NET IMPORTER (2022)United States$5.68B

This map shows which countries export or import more of Brake system parts except linings. Each country is colored based on the difference in exports and imports of Brake system parts except linings during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Brake system parts except linings were China ($7.09B), Mexico ($1.6B), Italy ($1.12B), Japan ($868M), and Germany ($655M).

In 2022, the countries that had a largest trade value in imports than in exports of Brake system parts except linings were United States ($5.68B), Canada ($1.21B), Russia ($547M), United Kingdom ($498M), and France ($361M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Brake system parts except linings by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

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