All ProductsMotor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars

Motor cars and other motor vehicles; principally designed for the transport of persons (other than those of heading no. 8702), including station wagons and racing cars

HS-Code 8703
Country:
Top Exporter· 2024
European UnionEuropean Union
Top Importer· 2024
United StatesUnited States
Top Producer· 2024
N/A
Export Value· 2024
$1130.93B
Import Value· 2024
$903.69B
Production Volume· 2024
N/A

Supply Chain Analysis

131 entities · 2024 · exports

Source Countries

131

Trade Value

$1130.93BUSD

Total Quantity

35.89MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak

European Union

5,372,497 Item 11 shipments $34014.16/unit

$182.74B

16.16% share

52.24%
Germany

Germany

4,281,899 Item 9 shipments $40478.38/unit

$173.32B

15.33% share

51.89%
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Japan

Japan

5,198,965 Item 6 shipments $20955.07/unit

$108.94B

9.63% share

50.71%
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Market Concentration
Concentrated
Top 5 players55.24%
Top 10 players75.66%

Few dominant players — high dependency risk.

Share Split

Top 5 — 55.24%
Others — 44.8%

Top Exporting Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
European Union
16.16%$182.74B-4.48%+22.14%⚠ Momentum Lost
2
GermanyGermany
15.33%$173.32B-4.09%+23.52%⚠ Momentum Lost
3
JapanJapan
9.63%$108.94B-1.55%+27.35%⚠ Momentum Lost
4
ChinaChina
8.03%$90.86B+17.01%+272.59%🐢 Slowing
5
Korea, Rep.
6.09%$68.83B+0.84%+55.32%🐢 Slowing

Top Importing Countries

#CountryShareValue1Y Growth3Y GrowthSignal
1
United StatesUnited States
24.30%$219.59B+4.37%+48.08%🐢 Slowing
2
GermanyGermany
7.84%$70.86B-12.08%+4.60%⚠ Momentum Lost
3
United KingdomUnited Kingdom
6.23%$56.33B-0.30%+65.17%⚠ Momentum Lost
4
FranceFrance
4.92%$44.42B-4.72%+9.58%⚠ Momentum Lost
5
CanadaCanada
4.33%$39.14B+1.32%+36.67%🐢 Slowing

Value vs YoY Growth

Bubble size = market share · Right + Up = high value, high growth

Suppliers
Buyers

Demand Market Analysis

136 entities · 2024 · imports

Buyer Countries

136

Trade Value

$903.69BUSD

Total Quantity

28.22MKg

Avg per Entity

Locked

Top 5 Concentration

Locked

Value Distribution (Top 5)

Efficiency Quadrant — Unit Price vs Order Value

Premium · Volume Player · Niche · Weak

Premium
Volume Player
Niche
Weak

United States

7,724,799 Item 2 shipments $28426.46/unit

$219.59B

24.3% share

172.36%

Germany

5,172 Item 3 shipments $13699780.3/unit

$70.86B

7.84% share

58.09%
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United Kingdom

31,597 Item 2 shipments $1782642.54/unit

$56.33B

6.23% share

11.42%
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Market Concentration
Moderate
Top 5 players47.62%
Top 10 players64.42%

Balanced market — moderate negotiation leverage.

Share Split

Top 5 — 47.62%
Others — 52.4%

Global Trade Map

Exports + Imports by country (hover for details)

Color = Export + Import
Higher trade = darker

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