T3 · Product exporter position

China exports of Vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), nes in item no 8704.1 (HS 870431)

See where China stands in vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), nes in item no 8704.1: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 870431Latest year 2024Rapid growth

Latest exports

$1.9BLatest observed lane total

Destination markets

152Reported active markets

Three-year growth

+39.6%Annualized change

Destination HHI

2,646Destination concentration

Weighted share

33.2%Reported market position

Exporter evidence

How strong is China in Vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), nes in item no 8704.1?

Reported exporter totals and calculated indicators for HS 870431. Values retain their observed coverage period.

Exporter scale

Latest exports$1.9B
Current 2024 exports$1.9B
Three-year average$1.4B
Historical peak$3.0B

Market position

Active destinations152
Destination HHI2,646
Weighted share33.2%
Share change+9.4 pp

Competitiveness

Three-year growth+39.6%
Volatility2.1
Maximum drawdown88.6%
TrendRapid growth
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$1.9BSum of latest observed destination-lane values
Current 2024 exports$1.9BCommon-year comparison where reported
Three-year growth+39.6%Annualized change in exporter totals
Five-year growth+34.7%Annualized change in exporter totals
Leading destinationMEXDestination with the largest observed export value
Leading destination share50%Share of observed exporter totals
Destination concentration2,646HHI across destination markets
Weighted share change+9.4 ppValue-weighted latest change in market share
Limited-history lanes7.3%Share of lanes with shorter history

Destination markets

Where does China sell vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 tonnes), nes in item no 8704.1?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Mexico$971.7M28.5%+161.6%0.1% tariffAccelerating
Russia$173.2M94.3%+3,285.6%0.1% tariffAccelerating
Chile$67.0M21.7%-23.4%FTA reportedAccelerating
United Arab Emirates$48.9M7.7%+164.8%0.1% tariffAccelerating
Saudi Arabia$48.1M15.4%-1.2%0.1% tariffAccelerating
Iraq$46.7M13.5%+36.5%Not reportedAccelerating
Brazil$44.3M11.7%+188.9%0.3% tariffAccelerating
Viet Nam$40.9M57.4%+0.1%FTA reportedAccelerating
Kazakhstan$37.9M39.7%+48%0.1% tariffAccelerating
Australia$37.6M3.8%+9.4%FTA reportedGrowing
Peru$36.6M51.2%-7.8%FTA reportedAccelerating
Uzbekistan$30.2M78.4%+95.6%0.1% tariffGrowing
Algeria$20.4M13%+160%0.2% tariffGrowing

Destination

Mexico

Latest exports
$971.7M
Market share
28.5%
Growth
+161.6%
Access
0.1% tariff
Signal
Accelerating

Destination

Russia

Latest exports
$173.2M
Market share
94.3%
Growth
+3,285.6%
Access
0.1% tariff
Signal
Accelerating

Destination

Chile

Latest exports
$67.0M
Market share
21.7%
Growth
-23.4%
Access
FTA reported
Signal
Accelerating

Destination

United Arab Emirates

Latest exports
$48.9M
Market share
7.7%
Growth
+164.8%
Access
0.1% tariff
Signal
Accelerating

Destination

Saudi Arabia

Latest exports
$48.1M
Market share
15.4%
Growth
-1.2%
Access
0.1% tariff
Signal
Accelerating

Destination

Iraq

Latest exports
$46.7M
Market share
13.5%
Growth
+36.5%
Access
Not reported
Signal
Accelerating

Destination

Brazil

Latest exports
$44.3M
Market share
11.7%
Growth
+188.9%
Access
0.3% tariff
Signal
Accelerating

Destination

Viet Nam

Latest exports
$40.9M
Market share
57.4%
Growth
+0.1%
Access
FTA reported
Signal
Accelerating

Destination

Kazakhstan

Latest exports
$37.9M
Market share
39.7%
Growth
+48%
Access
0.1% tariff
Signal
Accelerating

Destination

Australia

Latest exports
$37.6M
Market share
3.8%
Growth
+9.4%
Access
FTA reported
Signal
Growing

Destination

Peru

Latest exports
$36.6M
Market share
51.2%
Growth
-7.8%
Access
FTA reported
Signal
Accelerating

Destination

Uzbekistan

Latest exports
$30.2M
Market share
78.4%
Growth
+95.6%
Access
0.1% tariff
Signal
Growing

Destination

Algeria

Latest exports
$20.4M
Market share
13%
Growth
+160%
Access
0.2% tariff
Signal
Growing

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

Brazil: $30.2K / ton.

Lowest reported price

Central African Republic: $258.6 / ton.

Median price

$6.7K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 870431 where available.

YearExportsYear-on-year changeActive destinations
2010$412.8M+33.3%128
2011$671.9M+62.8%135
2012$807.0M+20.1%132
2013$682.9M-15.4%137
2014$551.8M-19.2%134
2015$345.5M-37.4%141
2016$246.8M-28.6%135
2017$312.2M+26.5%136
2018$442.2M+41.7%140
2019$438.2M-0.9%144
2020$377.0M-14%143
2021$713.0M+89.1%140
2022$1.1B+53.6%141
2023$1.3B+14.7%145
2024$1.9B+54.5%152

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 870431.

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: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. not exceeding 5 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.