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Motor vehicle parts nes

870899 (Harmonized System 1992 for 6-digit)

2022
World Trade $104BRnk 20 / 4648
2022
Top Exporter | Top Importer $10.4B | $20BUnited States | United States
2022
Product Complexity 0.81Rnk 1089 / 4653
2021 - 2022
Export Growth (CAGR) 5.73%Rnk 2134 / 4648
2022
Share of World Trade 0.44%Rnk 20 / 4648

About

Overview This page contains the latest trade data of Other Motor vehicle parts. In 2022, Other Motor vehicle parts were the world's 20th most traded product, with a total trade of $104B. Between 2021 and 2022 the exports of Other Motor vehicle parts grew by 5.73%, from $98.3B to $104B. Trade in Other Motor vehicle parts represent 0.44% of total world trade.

Other Motor vehicle parts are a part of Motor vehicles; parts and accessories (8701 to 8705).

Exports In 2022 the top exporters of Other Motor vehicle parts  were United States ($10.4B), China ($10.1B), Germany ($9.29B), South Korea ($8.36B), and Mexico ($7.72B).

Imports In 2022 the top importers of Other Motor vehicle parts were United States ($20B), Germany ($9.1B), Mexico ($7.08B), France ($4.62B), and Spain ($3.73B).

Ranking Other Motor vehicle parts ranks 1089th in the Product Complexity Index (PCI).

Description Radiator, headlights, brakes, transmission, fuel pump, engine.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Other Motor vehicle parts. 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)United States$10.4B
Top Destination (2022)United States$20B

In 2022 Other Motor vehicle parts were the world's 20th most traded product (out of 4,648).

In 2022, the top exporters of Other Motor vehicle parts were United States ($10.4B), China ($10.1B), Germany ($9.29B), South Korea ($8.36B), and Mexico ($7.72B).

In 2022, the top importers of Other Motor vehicle parts were United States ($20B), Germany ($9.1B), Mexico ($7.08B), France ($4.62B), and Spain ($3.73B).

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Exporters of Other Motor vehicle parts (2022)
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Importers of Other Motor vehicle parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.84B
Top Destination Growth (2021 -  2022)United States$1.62B

Between 2021 and 2022, the exports of Other Motor vehicle parts grew the fastest in China ($1.84B), United States ($1.56B), Mexico ($1.35B), France ($606M), and United Arab Emirates ($555M).

Between 2021 and 2022, the fastest growing importers of Other Motor vehicle parts were United States ($1.62B), Mexico ($1.12B), Spain ($967M), Canada ($599M), and France ($377M).

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Exporters of Other Motor vehicle parts (2021 - 2022)

Importers of Other Motor vehicle parts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Motor vehicle parts.

In 2022, market concentration measured using Shannon Entropy, was 4.7. This means that most of the exports of Other Motor vehicle parts are explained by 25 countries.

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Value of Exports in Other Motor vehicle parts

Net Trade

TOP NET EXPORTER (2022)South Korea$7.31B
TOP NET IMPORTER (2022)United States$9.62B

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

In 2022, the countries that had a largest trade value in exports than in imports of Other Motor vehicle parts were South Korea ($7.31B), China ($6.45B), Italy ($3.2B), Japan ($2.77B), and Spain ($1.31B).

In 2022, the countries that had a largest trade value in imports than in exports of Other Motor vehicle parts were United States ($9.62B), United Kingdom ($1.4B), Brazil ($1.19B), Slovakia ($1.07B), and Malaysia ($961M).

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 Other Motor vehicle parts.
It is possible to select the main countries that export or import Other Motor vehicle parts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Motor vehicle parts 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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