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870323 (Harmonized System 1992 for 6-digit)

2022
World Trade $220BRnk 12 / 4648
2022
Top Exporter | Top Importer $42.4B | $76.8BGermany | United States
2022
Product Complexity 1.01Rnk 754 / 4653
2021 - 2022
Export Growth (CAGR) 1.33%Rnk 2771 / 4648
2022
Share of World Trade 0.93%Rnk 12 / 4648

About

Overview This page contains the latest trade data of Medium Sized Cars. In 2022, Medium Sized Cars were the world's 12th most traded product, with a total trade of $220B. Between 2021 and 2022 the exports of Medium Sized Cars grew by 1.33%, from $217B to $220B. Trade in Medium Sized Cars represent 0.93% of total world trade.

Medium Sized Cars are a part of Cars.

Exports In 2022 the top exporters of Medium Sized Cars  were Germany ($42.4B), Japan ($38.6B), Mexico ($24.5B), United States ($19B), and South Korea ($17.7B).

Imports In 2022 the top importers of Medium Sized Cars were United States ($76.8B), China ($26.6B), Canada ($11.8B), Germany ($11.2B), and Australia ($7.55B).

Ranking Medium Sized Cars ranks 754th in the Product Complexity Index (PCI).

Description Medium sized cars are commonly used for transporting people from one place to another. This is because they are usually used for recreational purposes, and people usually do not need to carry many bulky objects with them when they are using their car.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Medium 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 (2022)Germany$42.4B
Top Destination (2022)United States$76.8B

In 2022 Medium Sized Cars were the world's 12th most traded product (out of 4,648).

In 2022, the top exporters of Medium Sized Cars were Germany ($42.4B), Japan ($38.6B), Mexico ($24.5B), United States ($19B), and South Korea ($17.7B).

In 2022, the top importers of Medium Sized Cars were United States ($76.8B), China ($26.6B), Canada ($11.8B), Germany ($11.2B), and Australia ($7.55B).

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Exporters of Medium Sized Cars (2022)
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Importers of Medium Sized Cars (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$2.25B
Top Destination Growth (2021 -  2022)United States$5.73B

Between 2021 and 2022, the exports of Medium Sized Cars grew the fastest in China ($2.25B), Germany ($1.78B), South Africa ($1.69B), Indonesia ($1.36B), and South Korea ($1.22B).

Between 2021 and 2022, the fastest growing importers of Medium Sized Cars were United States ($5.73B), Saudi Arabia ($1.29B), Kuwait ($850M), United Arab Emirates ($838M), and Iraq ($831M).

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Exporters of Medium Sized Cars (2021 - 2022)

Importers of Medium Sized Cars (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.97. This means that most of the exports of Medium Sized Cars are explained by 15 countries.

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Value of Exports in Medium Sized Cars

Net Trade

TOP NET EXPORTER (2022)Japan$36.1B
TOP NET IMPORTER (2022)United States$57.7B

This map shows which countries export or import more of Medium Sized Cars. Each country is colored based on the difference in exports and imports of Medium Sized Cars during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Medium Sized Cars were Japan ($36.1B), Germany ($31.2B), Mexico ($20.4B), South Korea ($12.9B), and Slovakia ($6.3B).

In 2022, the countries that had a largest trade value in imports than in exports of Medium Sized Cars were United States ($57.7B), China ($19.7B), Australia ($7.49B), Saudi Arabia ($5.65B), and Chinese Taipei ($2.7B).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Medium 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 (2022)

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