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870321 (Harmonized System 1992 for 6-digit)

2022
World Trade $40.1BRnk 74 / 4648
2022
Top Exporter | Top Importer $6B | $5.97BSpain | Germany
2022
Product Complexity 0.3Rnk 2017 / 4653
2021 - 2022
Export Growth (CAGR) -0.0073%Rnk 2958 / 4648
2022
Share of World Trade 0.17%Rnk 74 / 4648

About

Overview This page contains the latest trade data of Micro Cars. In 2022, Micro Cars were the world's 74th most traded product, with a total trade of $40.1B. Between 2021 and 2022 the exports of Micro Cars decreased by -0.0073%, from $40.1B to $40.1B. Trade in Micro Cars represent 0.17% of total world trade.

Micro Cars are a part of Cars.

Exports In 2022 the top exporters of Micro Cars  were Spain ($6B), Czechia ($4.28B), Romania ($3.54B), France ($2.61B), and Germany ($2.6B).

Imports In 2022 the top importers of Micro Cars were Germany ($5.97B), Italy ($4.01B), France ($3.94B), United Kingdom ($2.99B), and Netherlands ($1.86B).

Ranking Micro Cars ranks 2017th in the Product Complexity Index (PCI).

Description A micro car is usually a very compact car that is cheaper to run and easier to park for individuals who live in big cities.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Micro 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)Spain$6B
Top Destination (2022)Germany$5.97B

In 2022 Micro Cars were the world's 74th most traded product (out of 4,648).

In 2022, the top exporters of Micro Cars were Spain ($6B), Czechia ($4.28B), Romania ($3.54B), France ($2.61B), and Germany ($2.6B).

In 2022, the top importers of Micro Cars were Germany ($5.97B), Italy ($4.01B), France ($3.94B), United Kingdom ($2.99B), and Netherlands ($1.86B).

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Exporters of Micro Cars (2022)
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Importers of Micro Cars (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Romania$1.36B
Top Destination Growth (2021 -  2022)United States$862M

Between 2021 and 2022, the exports of Micro Cars grew the fastest in Romania ($1.36B), Mexico ($949M), Kuwait ($475M), Germany ($461M), and Morocco ($430M).

Between 2021 and 2022, the fastest growing importers of Micro Cars were United States ($862M), Netherlands ($488M), Brazil ($414M), Mexico ($359M), and South Africa ($203M).

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Exporters of Micro Cars (2021 - 2022)

Importers of Micro Cars (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Micro Cars.

In 2022, market concentration measured using Shannon Entropy, was 4.43. This means that most of the exports of Micro Cars are explained by 21 countries.

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Value of Exports in Micro Cars

Net Trade

TOP NET EXPORTER (2022)Spain$4.31B
TOP NET IMPORTER (2022)Italy$3.44B

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

In 2022, the countries that had a largest trade value in exports than in imports of Micro Cars were Spain ($4.31B), Czechia ($3.89B), Romania ($3.19B), South Korea ($1.84B), and Morocco ($1.56B).

In 2022, the countries that had a largest trade value in imports than in exports of Micro Cars were Italy ($3.44B), Germany ($3.38B), United Kingdom ($2.56B), Netherlands ($1.73B), and France ($1.32B).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Micro 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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