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XVII (Harmonized System 1992 for Section)

2023
World Trade $2.27TRnk 4 / 21
2023
Top Exporter | Top Importer $334B | $417BGermany | United States
2023
Product Complexity 0.79Rnk 5 / 21
2022 - 2023
Export Growth (CAGR) 14.7%Rnk 2 / 21
2023
Share of World Trade 10%Rnk 4 / 21

About

Overview This page contains the latest trade data of Transportation. In 2023, Transportation were the world's 4th most traded product, with a total trade of $2.27T. Between 2022 and 2023 the exports of Transportation grew by 14.7%, from $1.98T to $2.27T. Trade in Transportation represent 10% of total world trade.

Transportation include Cars, tractors, trucks & parts thereof., Aircraft and Spacecraft, Ships, boats, & floating structures, and Railway and trams.

Exports In 2023 the top exporters of Transportation  were Germany ($334B), China ($219B), United States ($218B), Japan ($182B), and Mexico ($160B).

Imports In 2023 the top importers of Transportation were United States ($417B), Germany ($178B), United Kingdom ($107B), France ($103B), and Canada ($103B).

Ranking Transportation ranks 5th 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 Transportation. 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)Germany$334B
Top Destination (2023)United States$417B

In 2023 Transportation were the world's 4th most traded product (out of 21).

In 2023, the top exporters of Transportation were Germany ($334B), China ($219B), United States ($218B), Japan ($182B), and Mexico ($160B).

In 2023, the top importers of Transportation were United States ($417B), Germany ($178B), United Kingdom ($107B), France ($103B), and Canada ($103B).

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Exporters of Transportation (2023)
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Importers of Transportation (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$45.8B
Top Destination Growth (2022 -  2023)United States$57.6B

Between 2022 and 2023, the exports of Transportation grew the fastest in Germany ($45.8B), China ($42.7B), Mexico ($21.1B), United States ($20.8B), and Japan ($20.3B).

Between 2022 and 2023, the fastest growing importers of Transportation were United States ($57.6B), United Kingdom ($23.5B), Germany ($22.4B), Turkey ($15.2B), and Italy ($14.1B).

Explore Visualizations

Exporters of Transportation (2022 - 2023)

Importers of Transportation (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Transportation.

In 2023, market concentration measured using Shannon Entropy, was 4.65. This means that most of the exports of Transportation are explained by 25 countries.

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Value of Exports in Transportation

Net Trade

TOP NET EXPORTER (2023)Germany$156B
TOP NET IMPORTER (2023)United States$199B

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

In 2023, the countries that had a largest trade value in exports than in imports of Transportation were Germany ($156B), Japan ($150B), China ($142B), Mexico ($97.3B), and South Korea ($67.7B).

In 2023, the countries that had a largest trade value in imports than in exports of Transportation were United States ($199B), Australia ($46.6B), United Kingdom ($41.9B), Russia ($26.2B), and Canada ($25.6B).

Net Trade (2023)

Disaggregation

Value
Disaggregation

In 2023, the world most traded Transportation, disaggragated by their HS6 level were Cars, tractors, trucks & parts thereof. ($1.89T), Aircraft and Spacecraft ($231B), Ships, boats, & floating structures ($112B), and Railway and trams ($37.5B)

HS6 Disaggregation for Transportation (2023)
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Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Transportation.
It is possible to select the main countries that export or import Transportation in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Transportation by percentage of total exports

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.54B
TOP IMPORT POTENTIALChina+ $1.27B

Transportation’s highest export potential is United States. With an export gap of $2.54B.  Transportation’s highest import potential is China with an import gap of $1.27B.

See methodology.

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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)

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