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Chassis; fitted with engines, for the motor vehicles of heading no. 8701 to 8705

8706 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.36BRnk 645 / 1217
2023
Top Exporter | Top Importer $430M | $317MSweden | Mexico
2023
Product Complexity 0.69Rnk 293 / 1044
2022 - 2023
Export Growth (CAGR) 19.7%Rnk 67 / 1217
2023
Share of World Trade 0.015%Rnk 645 / 1217

About

Overview This page contains the latest trade data of Motor vehicle (8701 to 8705) chassis fitted with engine. In 2023, Motor vehicle (8701 to 8705) chassis fitted with engine were the world's 645th most traded product, with a total trade of $3.36B. Between 2022 and 2023 the exports of Motor vehicle (8701 to 8705) chassis fitted with engine grew by 19.7%, from $2.8B to $3.36B. Trade in Motor vehicle (8701 to 8705) chassis fitted with engine represent 0.015% of total world trade.

Motor vehicle (8701 to 8705) chassis fitted with engine are a part of Cars, tractors, trucks & parts thereof.. They include Motor vehicle chassis fitted with engine.

Exports In 2023 the top exporters of Motor vehicle (8701 to 8705) chassis fitted with engine  were Sweden ($430M), China ($389M), Brazil ($367M), Netherlands ($300M), and India ($257M).

Imports In 2023 the top importers of Motor vehicle (8701 to 8705) chassis fitted with engine were Mexico ($317M), Denmark ($185M), Spain ($162M), United Kingdom ($141M), and Israel ($135M).

Ranking Motor vehicle (8701 to 8705) chassis fitted with engine ranks 293rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Motor vehicle (8701 to 8705) chassis fitted with engine. 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)Sweden$430M
Top Destination (2023)Mexico$317M

In 2023 Motor vehicle (8701 to 8705) chassis fitted with engine were the world's 645th most traded product (out of 1,217).

In 2023, the top exporters of Motor vehicle (8701 to 8705) chassis fitted with engine were Sweden ($430M), China ($389M), Brazil ($367M), Netherlands ($300M), and India ($257M).

In 2023, the top importers of Motor vehicle (8701 to 8705) chassis fitted with engine were Mexico ($317M), Denmark ($185M), Spain ($162M), United Kingdom ($141M), and Israel ($135M).

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Exporters of Motor vehicle (8701 to 8705) chassis fitted with engine (2023)
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Importers of Motor vehicle (8701 to 8705) chassis fitted with engine (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Poland$134M
Top Destination Growth (2022 -  2023)Mexico$171M

Between 2022 and 2023, the exports of Motor vehicle (8701 to 8705) chassis fitted with engine grew the fastest in Poland ($134M), Netherlands ($108M), Sweden ($93.8M), China ($45.9M), and Italy ($38.5M).

Between 2022 and 2023, the fastest growing importers of Motor vehicle (8701 to 8705) chassis fitted with engine were Mexico ($171M), Spain ($73M), Slovenia ($60.3M), United Arab Emirates ($54.2M), and Poland ($53.4M).

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Exporters of Motor vehicle (8701 to 8705) chassis fitted with engine (2022 - 2023)

Importers of Motor vehicle (8701 to 8705) chassis fitted with engine (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Motor vehicle (8701 to 8705) chassis fitted with engine.

In 2023, market concentration measured using Shannon Entropy, was 4.16. This means that most of the exports of Motor vehicle (8701 to 8705) chassis fitted with engine are explained by 17 countries.

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Value of Exports in Motor vehicle (8701 to 8705) chassis fitted with engine

Net Trade

TOP NET EXPORTER (2023)Sweden$425M
TOP NET IMPORTER (2023)Mexico$311M

This map shows which countries export or import more of Motor vehicle (8701 to 8705) chassis fitted with engine. Each country is colored based on the difference in exports and imports of Motor vehicle (8701 to 8705) chassis fitted with engine during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Motor vehicle (8701 to 8705) chassis fitted with engine were Sweden ($425M), Brazil ($348M), China ($338M), Netherlands ($245M), and India ($229M).

In 2023, the countries that had a largest trade value in imports than in exports of Motor vehicle (8701 to 8705) chassis fitted with engine were Mexico ($311M), Denmark ($178M), Israel ($135M), Slovenia ($130M), and United Arab Emirates ($121M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Motor vehicle (8701 to 8705) chassis fitted with engine.
It is possible to select the main countries that export or import Motor vehicle (8701 to 8705) chassis fitted with engine in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Motor vehicle (8701 to 8705) chassis fitted with engine by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALPhilippines+ $1.64M
TOP IMPORT POTENTIALIndia+ $1.42M

Motor vehicle (8701 to 8705) chassis fitted with engine’s highest export potential is Philippines. With an export gap of $1.64M.  Motor vehicle (8701 to 8705) chassis fitted with engine’s highest import potential is India with an import gap of $1.42M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Motor vehicle (8701 to 8705) chassis fitted with engine.

Country by Relatedness

The following visualization shows the relatedness of Motor vehicle (8701 to 8705) chassis fitted with engine to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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