T3 · Product exporter position

China exports of Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1 (HS 870423)

See where China stands in vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 870423Latest year 2024Rapid growth

Latest exports

$5.0BLatest observed lane total

Destination markets

156Reported active markets

Three-year growth

+32.8%Annualized change

Destination HHI

1,074Destination concentration

Weighted share

77.2%Reported market position

Exporter evidence

How strong is China in Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1?

Reported exporter totals and calculated indicators for HS 870423. Values retain their observed coverage period.

Exporter scale

Latest exports$5.0B
Current 2024 exports$5.0B
Three-year average$4.4B
Historical peak$7.3B

Market position

Active destinations156
Destination HHI1,074
Weighted share77.2%
Share change+9.7 pp

Competitiveness

Three-year growth+32.8%
Volatility1.5
Maximum drawdown92.4%
TrendRapid growth
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$5.0BSum of latest observed destination-lane values
Current 2024 exports$5.0BCommon-year comparison where reported
Three-year growth+32.8%Annualized change in exporter totals
Five-year growth+32.4%Annualized change in exporter totals
Leading destinationRUSDestination with the largest observed export value
Leading destination share27.8%Share of observed exporter totals
Destination concentration1,074HHI across destination markets
Weighted share change+9.7 ppValue-weighted latest change in market share
Limited-history lanes15.4%Share of lanes with shorter history

Destination markets

Where does China sell vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Russia$1.4B88.2%+72.2%0.1% tariffGrowing
Indonesia$685.7M80.8%+53.3%FTA reportedAccelerating
Philippines$231.7M79.6%+2.4%FTA reportedAccelerating
Saudi Arabia$231.6M57.3%+247.8%0.1% tariffAccelerating
Viet Nam$173.6M88.6%-16.1%FTA reportedAccelerating
Mongolia$146.0M95.9%+120.1%0% tariffAccelerating
Djibouti$137.3M98.4%+7.3%Not reportedAccelerating
Guinea$125.2M93.4%+40.2%Not reportedAccelerating
Algeria$120.2M52%+186.9%0.2% tariffAccelerating
Democratic Republic of the Congo$107.1M86.6%+20%Not reportedAccelerating
Kazakhstan$104.0M69.2%+60.8%0.1% tariffGrowing
Peru$81.9M21.5%+14.6%FTA reportedAccelerating
Ethiopia$80.4M89.5%+46.3%0.3% tariffAccelerating
Malaysia$78.8M89.6%+48.4%FTA reportedAccelerating
United Rep. of Tanzania$73.6M89.8%+36.5%0.2% tariffAccelerating

Destination

Russia

Latest exports
$1.4B
Market share
88.2%
Growth
+72.2%
Access
0.1% tariff
Signal
Growing

Destination

Indonesia

Latest exports
$685.7M
Market share
80.8%
Growth
+53.3%
Access
FTA reported
Signal
Accelerating

Destination

Philippines

Latest exports
$231.7M
Market share
79.6%
Growth
+2.4%
Access
FTA reported
Signal
Accelerating

Destination

Saudi Arabia

Latest exports
$231.6M
Market share
57.3%
Growth
+247.8%
Access
0.1% tariff
Signal
Accelerating

Destination

Viet Nam

Latest exports
$173.6M
Market share
88.6%
Growth
-16.1%
Access
FTA reported
Signal
Accelerating

Destination

Mongolia

Latest exports
$146.0M
Market share
95.9%
Growth
+120.1%
Access
0% tariff
Signal
Accelerating

Destination

Djibouti

Latest exports
$137.3M
Market share
98.4%
Growth
+7.3%
Access
Not reported
Signal
Accelerating

Destination

Guinea

Latest exports
$125.2M
Market share
93.4%
Growth
+40.2%
Access
Not reported
Signal
Accelerating

Destination

Algeria

Latest exports
$120.2M
Market share
52%
Growth
+186.9%
Access
0.2% tariff
Signal
Accelerating

Destination

Democratic Republic of the Congo

Latest exports
$107.1M
Market share
86.6%
Growth
+20%
Access
Not reported
Signal
Accelerating

Destination

Kazakhstan

Latest exports
$104.0M
Market share
69.2%
Growth
+60.8%
Access
0.1% tariff
Signal
Growing

Destination

Peru

Latest exports
$81.9M
Market share
21.5%
Growth
+14.6%
Access
FTA reported
Signal
Accelerating

Destination

Ethiopia

Latest exports
$80.4M
Market share
89.5%
Growth
+46.3%
Access
0.3% tariff
Signal
Accelerating

Destination

Malaysia

Latest exports
$78.8M
Market share
89.6%
Growth
+48.4%
Access
FTA reported
Signal
Accelerating

Destination

United Rep. of Tanzania

Latest exports
$73.6M
Market share
89.8%
Growth
+36.5%
Access
0.2% 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

Ecuador: $237.5K / ton.

Lowest reported price

France: $101.8 / ton.

Median price

$4.1K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 870423 where available.

YearExportsYear-on-year changeActive destinations
2010$791.9M+6.1%109
2011$1.3B+64.1%112
2012$1.8B+37.3%114
2013$1.5B-14.8%120
2014$1.5B-1.9%121
2015$1.5B-1.9%127
2016$1.1B-26.4%129
2017$1.3B+20.9%135
2018$1.0B-20.8%140
2019$1.2B+20%136
2020$1.1B-10.8%135
2021$2.1B+94.6%141
2022$3.3B+53.3%144
2023$4.7B+43.5%149
2024$5.0B+6.5%156

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 870423.

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: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1 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.