T3 · Product exporter position

China exports of Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power (HS 870360)

See where China stands in vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 870360Latest year 2024Rapid growth

Latest exports

$7.4BLatest observed lane total

Destination markets

144Reported active markets

Three-year growth

+89.6%Annualized change

Destination HHI

887Destination concentration

Weighted share

58.5%Reported market position

Exporter evidence

How strong is China in Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power?

Reported exporter totals and calculated indicators for HS 870360. Values retain their observed coverage period.

Exporter scale

Latest exports$7.4B
Current 2024 exports$7.4B
Three-year average$4.3B
Historical peak$8.5B

Market position

Active destinations144
Destination HHI887
Weighted share58.5%
Share change+13.6 pp

Competitiveness

Three-year growth+89.6%
Volatility2.5
Maximum drawdown78.8%
TrendRapid growth
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$7.4BSum of latest observed destination-lane values
Current 2024 exports$7.4BCommon-year comparison where reported
Three-year growth+89.6%Annualized change in exporter totals
Five-year growth+79%Annualized change in exporter totals
Leading destinationBRADestination with the largest observed export value
Leading destination share21.7%Share of observed exporter totals
Destination concentration887HHI across destination markets
Weighted share change+13.6 ppValue-weighted latest change in market share
Limited-history lanes35.9%Share of lanes with shorter history

Destination markets

Where does China sell vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Brazil$1.6B76.1%+147%0.3% tariffAccelerating
Russia$632.3M99.9%+687.7%0.1% tariffAccelerating
Mexico$610.2M57.1%+2,332.4%0.1% tariffAccelerating
Germany$590.2M7.5%+46.7%0% tariffAccelerating
Kyrgyzstan$571.1M95%+2,192.4%0% tariffAccelerating
Uzbekistan$459.7M98%+2,291.6%0.1% tariffAccelerating
Kazakhstan$407.0M93.5%+0%0.1% tariffAccelerating
United Kingdom$378.9M6.4%+61.5%Not reportedAccelerating
Belgium$235.5M7.4%-7.8%0% tariffGrowing
Belarus$196.8M76.5%+0%0.1% tariffAccelerating
Turkey$189.5M48.8%+395.3%0.1% tariffAccelerating
Spain$186.3M10.7%+196%0% tariffAccelerating
Australia$182.7M21.1%+90.9%FTA reportedAccelerating
United Arab Emirates$141.9M38.8%+1,428.5%0.1% tariffAccelerating
Azerbaijan$132.1M64%+0%0.1% tariffAccelerating

Destination

Brazil

Latest exports
$1.6B
Market share
76.1%
Growth
+147%
Access
0.3% tariff
Signal
Accelerating

Destination

Russia

Latest exports
$632.3M
Market share
99.9%
Growth
+687.7%
Access
0.1% tariff
Signal
Accelerating

Destination

Mexico

Latest exports
$610.2M
Market share
57.1%
Growth
+2,332.4%
Access
0.1% tariff
Signal
Accelerating

Destination

Germany

Latest exports
$590.2M
Market share
7.5%
Growth
+46.7%
Access
0% tariff
Signal
Accelerating

Destination

Kyrgyzstan

Latest exports
$571.1M
Market share
95%
Growth
+2,192.4%
Access
0% tariff
Signal
Accelerating

Destination

Uzbekistan

Latest exports
$459.7M
Market share
98%
Growth
+2,291.6%
Access
0.1% tariff
Signal
Accelerating

Destination

Kazakhstan

Latest exports
$407.0M
Market share
93.5%
Growth
+0%
Access
0.1% tariff
Signal
Accelerating

Destination

United Kingdom

Latest exports
$378.9M
Market share
6.4%
Growth
+61.5%
Access
Not reported
Signal
Accelerating

Destination

Belgium

Latest exports
$235.5M
Market share
7.4%
Growth
-7.8%
Access
0% tariff
Signal
Growing

Destination

Belarus

Latest exports
$196.8M
Market share
76.5%
Growth
+0%
Access
0.1% tariff
Signal
Accelerating

Destination

Turkey

Latest exports
$189.5M
Market share
48.8%
Growth
+395.3%
Access
0.1% tariff
Signal
Accelerating

Destination

Spain

Latest exports
$186.3M
Market share
10.7%
Growth
+196%
Access
0% tariff
Signal
Accelerating

Destination

Australia

Latest exports
$182.7M
Market share
21.1%
Growth
+90.9%
Access
FTA reported
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$141.9M
Market share
38.8%
Growth
+1,428.5%
Access
0.1% tariff
Signal
Accelerating

Destination

Azerbaijan

Latest exports
$132.1M
Market share
64%
Growth
+0%
Access
0.1% tariff
Signal
Accelerating

Price intelligence

How does China's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Maldives: $286.0K / ton.

Lowest reported price

Namibia: $177.7 / ton.

Median price

$18.8K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 870360 where available.

YearExportsYear-on-year changeActive destinations
2010$14.7M+27.1%85
2011$5.5M-62.5%89
2012$6.2M+12.7%93
2013$8.9M+43.6%82
2014$7.8M-13.2%91
2015$11.6M+49.8%94
2016$13.2M+13.2%100
2017$82.5M+527.4%47
2018$191.9M+132.6%62
2019$400.4M+108.6%75
2020$691.3M+72.7%75
2021$1.1B+56%77
2022$2.0B+81.1%90
2023$3.7B+88.5%116
2024$7.4B+99.7%144

Exporter context

China economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 870360.

China has reported exports of $3.5T and a trade balance of $1.2T in 2024.

Available structural indicators include 34.6% trade openness, 44.5% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about China vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric power exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.