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870324 (Harmonized System 1992 for 6-digit)

2023
World Trade $96.2BRnk 25 / 4644
2023
Top Exporter | Top Importer $18B | $37.9BJapan | United States
2023
Product Complexity 0.94Rnk 874 / 4656
2022 - 2023
Export Growth (CAGR) 7.95%Rnk 801 / 4644
2023
Share of World Trade 0.43%Rnk 25 / 4644

About

Overview This page contains the latest trade data of Large Sized Cars. In 2023, Large Sized Cars were the world's 25th most traded product, with a total trade of $96.2B. Between 2022 and 2023 the exports of Large Sized Cars grew by 7.95%, from $89.1B to $96.2B. Trade in Large Sized Cars represent 0.43% of total world trade.

Large Sized Cars are a part of Cars.

Exports In 2023 the top exporters of Large Sized Cars  were Japan ($18B), United States ($14.8B), Germany ($12.3B), United Kingdom ($10.6B), and Canada ($9.49B).

Imports In 2023 the top importers of Large Sized Cars were United States ($37.9B), Canada ($8.35B), United Arab Emirates ($7.34B), Germany ($4.64B), and China ($3.48B).

Ranking Large Sized Cars ranks 874th in the Product Complexity Index (PCI).

Description Large sized cars are larger than a compact car and are used as family vehicles. They can be used for transporting large amounts of cargo and often have a higher price than a compact car.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Large Sized Cars. 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 (2023)Japan$18B
Top Destination (2023)United States$37.9B

In 2023 Large Sized Cars were the world's 25th most traded product (out of 4,644).

In 2023, the top exporters of Large Sized Cars were Japan ($18B), United States ($14.8B), Germany ($12.3B), United Kingdom ($10.6B), and Canada ($9.49B).

In 2023, the top importers of Large Sized Cars were United States ($37.9B), Canada ($8.35B), United Arab Emirates ($7.34B), Germany ($4.64B), and China ($3.48B).

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Exporters of Large Sized Cars (2023)
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Importers of Large Sized Cars (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Japan$2.04B
Top Destination Growth (2022 -  2023)United States$3.93B

Between 2022 and 2023, the exports of Large Sized Cars grew the fastest in Japan ($2.04B), South Korea ($1.84B), Germany ($1.14B), Austria ($815M), and Slovakia ($698M).

Between 2022 and 2023, the fastest growing importers of Large Sized Cars were United States ($3.93B), United Arab Emirates ($1.72B), Germany ($545M), Iraq ($497M), and Kyrgyzstan ($380M).

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Exporters of Large Sized Cars (2022 - 2023)

Importers of Large Sized Cars (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Large Sized Cars.

In 2023, market concentration measured using Shannon Entropy, was 3.6. This means that most of the exports of Large Sized Cars are explained by 12 countries.

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Value of Exports in Large Sized Cars

Net Trade

TOP NET EXPORTER (2023)Japan$16.1B
TOP NET IMPORTER (2023)United States$23.1B

This map shows which countries export or import more of Large Sized Cars. Each country is colored based on the difference in exports and imports of Large Sized Cars during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Large Sized Cars were Japan ($16.1B), United Kingdom ($9.03B), Germany ($7.63B), Italy ($6.41B), and South Korea ($6.09B).

In 2023, the countries that had a largest trade value in imports than in exports of Large Sized Cars were United States ($23.1B), United Arab Emirates ($4.96B), China ($3.15B), Australia ($1.78B), and Saudi Arabia ($1.64B).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Large Sized Cars 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 (2023)

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