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Bodies for passenger carrying vehicles

870710 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.08BRnk 1139 / 4648
2022
Top Exporter | Top Importer $670M | $927MGermany | Kazakhstan
2022
Product Complexity 0.72Rnk 1240 / 4653
2021 - 2022
Export Growth (CAGR) 22.6%Rnk 666 / 4648
2022
Share of World Trade 0.013%Rnk 1139 / 4648

About

Overview This page contains the latest trade data of For passenger carrying vehicles. In 2022, For passenger carrying vehicles were the world's 1139th most traded product, with a total trade of $3.08B. Between 2021 and 2022 the exports of For passenger carrying vehicles grew by 22.6%, from $2.51B to $3.08B. Trade in For passenger carrying vehicles represent 0.013% of total world trade.

For passenger carrying vehicles are a part of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705).

Exports In 2022 the top exporters of For passenger carrying vehicles  were Germany ($670M), China ($669M), South Korea ($519M), Uzbekistan ($244M), and Czechia ($162M).

Imports In 2022 the top importers of For passenger carrying vehicles were Kazakhstan ($927M), Iran ($534M), United Kingdom ($448M), Italy ($126M), and India ($122M).

Ranking For passenger carrying vehicles ranks 1240th in the Product Complexity Index (PCI).

Description Passenger carrying vehicles typically have a body that is designed to carry passengers. These vehicles commonly include cars, buses, and trains.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on For passenger carrying vehicles. 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)Germany$670M
Top Destination (2022)Kazakhstan$927M

In 2022 For passenger carrying vehicles were the world's 1139th most traded product (out of 4,648).

In 2022, the top exporters of For passenger carrying vehicles were Germany ($670M), China ($669M), South Korea ($519M), Uzbekistan ($244M), and Czechia ($162M).

In 2022, the top importers of For passenger carrying vehicles were Kazakhstan ($927M), Iran ($534M), United Kingdom ($448M), Italy ($126M), and India ($122M).

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Exporters of For passenger carrying vehicles (2022)
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Importers of For passenger carrying vehicles (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$471M
Top Destination Growth (2021 -  2022)Kazakhstan$639M

Between 2021 and 2022, the exports of For passenger carrying vehicles grew the fastest in South Korea ($471M), China ($351M), Uzbekistan ($213M), Czechia ($74M), and Germany ($66.2M).

Between 2021 and 2022, the fastest growing importers of For passenger carrying vehicles were Kazakhstan ($639M), Iran ($329M), Italy ($81.8M), France ($50.7M), and India ($29.8M).

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Exporters of For passenger carrying vehicles (2021 - 2022)

Importers of For passenger carrying vehicles (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of For passenger carrying vehicles.

In 2022, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of For passenger carrying vehicles are explained by 11 countries.

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Value of Exports in For passenger carrying vehicles

Net Trade

TOP NET EXPORTER (2022)China$663M
TOP NET IMPORTER (2022)Kazakhstan$927M

This map shows which countries export or import more of For passenger carrying vehicles. Each country is colored based on the difference in exports and imports of For passenger carrying vehicles during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of For passenger carrying vehicles were China ($663M), Germany ($599M), South Korea ($516M), Uzbekistan ($244M), and Czechia ($160M).

In 2022, the countries that had a largest trade value in imports than in exports of For passenger carrying vehicles were Kazakhstan ($927M), Iran ($534M), United Kingdom ($418M), Malaysia ($110M), and India ($101M).

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 For passenger carrying vehicles.
It is possible to select the main countries that export or import For passenger carrying vehicles in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of For passenger carrying vehicles 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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