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Seats, motor vehicles

940120 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.22BRnk 1060 / 4644
2023
Top Exporter | Top Importer $523M | $407MGermany | Germany
2023
Product Complexity 0.46Rnk 1732 / 4656
2022 - 2023
Export Growth (CAGR) 6.42%Rnk 913 / 4644
2023
Share of World Trade 0.014%Rnk 1060 / 4644

About

Overview This page contains the latest trade data of Seats; motor vehicles. In 2023, Seats; motor vehicles were the world's 1060th most traded product, with a total trade of $3.22B. Between 2022 and 2023 the exports of Seats; motor vehicles grew by 6.42%, from $3.03B to $3.22B. Trade in Seats; motor vehicles represent 0.014% of total world trade.

Seats; motor vehicles are a part of Seats.

Exports In 2023 the top exporters of Seats; motor vehicles  were Germany ($523M), United States ($384M), Czechia ($363M), China ($360M), and Poland ($321M).

Imports In 2023 the top importers of Seats; motor vehicles were Germany ($407M), United States ($314M), Mexico ($223M), France ($161M), and Belgium ($154M).

Ranking Seats; motor vehicles ranks 1732nd in the Product Complexity Index (PCI).

Description Seat belts are used to protect the person from injury in the event of a collision. Motor vehicles are used to transport people and goods.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Seats; motor 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 (2023)Germany$523M
Top Destination (2023)Germany$407M

In 2023 Seats; motor vehicles were the world's 1060th most traded product (out of 4,644).

In 2023, the top exporters of Seats; motor vehicles were Germany ($523M), United States ($384M), Czechia ($363M), China ($360M), and Poland ($321M).

In 2023, the top importers of Seats; motor vehicles were Germany ($407M), United States ($314M), Mexico ($223M), France ($161M), and Belgium ($154M).

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Exporters of Seats; motor vehicles (2023)
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Importers of Seats; motor vehicles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$80.4M
Top Destination Growth (2022 -  2023)Germany$124M

Between 2022 and 2023, the exports of Seats; motor vehicles grew the fastest in Germany ($80.4M), Czechia ($70.7M), China ($44.4M), Poland ($35M), and Turkey ($31M).

Between 2022 and 2023, the fastest growing importers of Seats; motor vehicles were Germany ($124M), Iran ($63.9M), Chinese Taipei ($25.7M), Mexico ($21.7M), and Kazakhstan ($20.7M).

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Exporters of Seats; motor vehicles (2022 - 2023)

Importers of Seats; motor vehicles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Seats; motor vehicles.

In 2023, market concentration measured using Shannon Entropy, was 4.1. This means that most of the exports of Seats; motor vehicles are explained by 17 countries.

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Value of Exports in Seats; motor vehicles

Net Trade

TOP NET EXPORTER (2023)China$308M
TOP NET IMPORTER (2023)Belgium$119M

This map shows which countries export or import more of Seats; motor vehicles. Each country is colored based on the difference in exports and imports of Seats; motor vehicles during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Seats; motor vehicles were China ($308M), Poland ($270M), Czechia ($249M), Turkey ($151M), and Germany ($116M).

In 2023, the countries that had a largest trade value in imports than in exports of Seats; motor vehicles were Belgium ($119M), France ($105M), Austria ($93.8M), Slovakia ($89.6M), and Iran ($87.1M).

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

Top 10 Exporters Countries of Seats; motor 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 (2023)

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