Bodies; (including cabs) for the motor vehicles of heading no. 8701 to 8705

8707 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). In 2023, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were the world's 335th most traded product, with a total trade of $11.2B. Between 2022 and 2023 the exports of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) grew by 41.5%, from $7.94B to $11.2B. Trade in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) represent 0.05% of total world trade.

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) are a part of Cars, tractors, trucks & parts thereof.. They include For tractors, buses, trucks etc and For passenger carrying vehicles.

Exports In 2023 the top exporters of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)  were China ($1.92B), Sweden ($1.3B), Germany ($1.21B), Belgium ($1.01B), and France ($834M).

Imports In 2023 the top importers of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were Netherlands ($1.66B), Kazakhstan ($1.61B), Iran ($1B), United States ($999M), and France ($731M).

Ranking Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) ranks 314th in the Product Complexity Index (PCI).

Description Bodies for tractors are the main part of a tractor. They can be made from many different materials, including steel, aluminum, and plastic.

Latest Data

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The following visualization shows the latest trends on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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)China$1.92B
Top Destination (2023)Netherlands$1.66B

In 2023 Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were the world's 335th most traded product (out of 1,217).

In 2023, the top exporters of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were China ($1.92B), Sweden ($1.3B), Germany ($1.21B), Belgium ($1.01B), and France ($834M).

In 2023, the top importers of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were Netherlands ($1.66B), Kazakhstan ($1.61B), Iran ($1B), United States ($999M), and France ($731M).

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Exporters of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) (2023)
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Importers of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$1.4B
Top Destination Growth (2022 -  2023)Kazakhstan$1.17B

Between 2022 and 2023, the exports of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) grew the fastest in China ($1.4B), South Korea ($674M), Sweden ($312M), France ($141M), and Spain ($108M).

Between 2022 and 2023, the fastest growing importers of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were Kazakhstan ($1.17B), Iran ($741M), France ($232M), Netherlands ($227M), and United States ($206M).

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Exporters of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) (2022 - 2023)

Importers of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705).

In 2023, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) are explained by 18 countries.

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Value of Exports in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)

Net Trade

TOP NET EXPORTER (2023)China$1.89B
TOP NET IMPORTER (2023)Kazakhstan$1.61B

This map shows which countries export or import more of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). Each country is colored based on the difference in exports and imports of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were China ($1.89B), Sweden ($1.24B), Germany ($975M), South Korea ($706M), and Belgium ($687M).

In 2023, the countries that had a largest trade value in imports than in exports of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were Kazakhstan ($1.61B), Netherlands ($1.53B), Iran ($1B), United States ($644M), and United Kingdom ($506M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Vehicle Bodies (including cabs) for the..., disaggragated by their HS6 level were For tractors, buses, trucks etc ($6.53B) and For passenger carrying vehicles ($4.71B)

HS6 Disaggregation for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705).
It is possible to select the main countries that export or import Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALFrance+ $16.4M
TOP IMPORT POTENTIALGermany+ $12.7M

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest export potential is France. With an export gap of $16.4M.  Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest import potential is Germany with an import gap of $12.7M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) 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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