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870895 (Harmonized System 2007 for 6-digit)

2022
World Trade $9.57BRnk 416 / 5023
2022
Top Exporter | Top Importer $1.88B | $2.01BMexico | United States
2022
Product Complexity 0.49Rnk 1809 / 5030
2021 - 2022
Export Growth (CAGR) 1.3%Rnk 3052 / 5023
2022
Share of World Trade 0.04%Rnk 416 / 5023

About

Overview This page contains the latest trade data of Vehicle Parts, Airbags with inflater system. In 2022, Vehicle Parts, Airbags with inflater system were the world's 416th most traded product, with a total trade of $9.57B. Between 2021 and 2022 the exports of Vehicle Parts, Airbags with inflater system grew by 1.3%, from $9.45B to $9.57B. Trade in Vehicle Parts, Airbags with inflater system represent 0.04% of total world trade.

Vehicle Parts, Airbags with inflater system are a part of Motor vehicles; parts and accessories, of heading no. 8701 to 8705.

Exports In 2022 the top exporters of Vehicle Parts, Airbags with inflater system  were Mexico ($1.88B), United States ($1.13B), Germany ($858M), China ($857M), and Poland ($760M).

Imports In 2022 the top importers of Vehicle Parts, Airbags with inflater system were United States ($2.01B), Mexico ($1.05B), Germany ($708M), Japan ($577M), and Poland ($542M).

Ranking Vehicle Parts, Airbags with inflater system ranks 1809th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Vehicle Parts, Airbags with inflater system. 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)Mexico$1.88B
Top Destination (2022)United States$2.01B

In 2022 Vehicle Parts, Airbags with inflater system were the world's 416th most traded product (out of 5,023).

In 2022, the top exporters of Vehicle Parts, Airbags with inflater system were Mexico ($1.88B), United States ($1.13B), Germany ($858M), China ($857M), and Poland ($760M).

In 2022, the top importers of Vehicle Parts, Airbags with inflater system were United States ($2.01B), Mexico ($1.05B), Germany ($708M), Japan ($577M), and Poland ($542M).

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Exporters of Vehicle Parts, Airbags with inflater system (2022)
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Importers of Vehicle Parts, Airbags with inflater system (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$233M
Top Destination Growth (2021 -  2022)United States$207M

Between 2021 and 2022, the exports of Vehicle Parts, Airbags with inflater system grew the fastest in Mexico ($233M), China ($45M), Canada ($32.1M), Thailand ($30.7M), and Vietnam ($26.9M).

Between 2021 and 2022, the fastest growing importers of Vehicle Parts, Airbags with inflater system were United States ($207M), Mexico ($61.8M), South Korea ($47.6M), India ($42.3M), and Turkey ($17.6M).

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Exporters of Vehicle Parts, Airbags with inflater system (2021 - 2022)

Importers of Vehicle Parts, Airbags with inflater system (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vehicle Parts, Airbags with inflater system.

In 2022, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Vehicle Parts, Airbags with inflater system are explained by 16 countries.

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Value of Exports in Vehicle Parts, Airbags with inflater system

Net Trade

TOP NET EXPORTER (2022)Mexico$825M
TOP NET IMPORTER (2022)United States$877M

This map shows which countries export or import more of Vehicle Parts, Airbags with inflater system. Each country is colored based on the difference in exports and imports of Vehicle Parts, Airbags with inflater system during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Vehicle Parts, Airbags with inflater system were Mexico ($825M), China ($406M), Thailand ($400M), Romania ($309M), and Vietnam ($294M).

In 2022, the countries that had a largest trade value in imports than in exports of Vehicle Parts, Airbags with inflater system were United States ($877M), South Korea ($245M), Brazil ($211M), Japan ($186M), and Turkey ($138M).

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 Vehicle Parts, Airbags with inflater system.
It is possible to select the main countries that export or import Vehicle Parts, Airbags with inflater system in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Vehicle Parts, Airbags with inflater system 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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