T3 · Product exporter position

China exports of Vehicle parts: steering wheels, steering columns and steering boxes: parts thereof (HS 870894)

See where China stands in vehicle parts: steering wheels, steering columns and steering boxes: parts thereof: export scale, destination breadth, market position, growth, and reported trade history.

Exporter CHNHS6 870894Latest year 2024Rapid growth

Latest exports

$3.3BLatest observed lane total

Destination markets

197Reported active markets

Three-year growth

+14.2%Annualized change

Destination HHI

668Destination concentration

Weighted share

31.2%Reported market position

Exporter evidence

How strong is China in Vehicle parts: steering wheels, steering columns and steering boxes: parts thereof?

Reported exporter totals and calculated indicators for HS 870894. Values retain their observed coverage period.

Exporter scale

Latest exports$3.3B
Current 2024 exports$3.3B
Three-year average$2.9B
Historical peak$3.6B

Market position

Active destinations197
Destination HHI668
Weighted share31.2%
Share change+3 pp

Competitiveness

Three-year growth+14.2%
Volatility1.2
Maximum drawdown73.2%
TrendRapid growth
MeasureValueWhat it describes
ExporterChinaCountry represented by this profile
Latest observed exports$3.3BSum of latest observed destination-lane values
Current 2024 exports$3.3BCommon-year comparison where reported
Three-year growth+14.2%Annualized change in exporter totals
Five-year growth+12%Annualized change in exporter totals
Leading destinationUSADestination with the largest observed export value
Leading destination share17.3%Share of observed exporter totals
Destination concentration668HHI across destination markets
Weighted share change+3 ppValue-weighted latest change in market share
Limited-history lanes2%Share of lanes with shorter history

Destination markets

Where does China sell vehicle parts: steering wheels, steering columns and steering boxes: parts thereof?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
USA, Puerto Rico and US Virgin Islands$571.8M11%+2.8%0% tariffAccelerating
Mexico$372.1M16.6%+18.4%0.1% tariffAccelerating
Republic of Korea$236.6M61.9%+8.4%FTA reportedGrowing
Japan$211.5M36.8%+35%0% tariffAccelerating
Brazil$200.3M37.8%+36.1%0.3% tariffAccelerating
Thailand$172.1M56.8%+13.4%FTA reportedAccelerating
Russia$158.9M74%+20.5%0.1% tariffAccelerating
Germany$126.0M5.3%+24.2%0% tariffAccelerating
Poland$108.2M15%+45.1%0.1% tariffGrowing
India$94.8M44%+5%0.5% tariffAccelerating
Malaysia$61.6M30.6%+13.3%FTA reportedAccelerating
Belgium$61.0M30.2%-4.4%0% tariffGrowing
United Arab Emirates$58.6M52.9%+29.8%0.1% tariffAccelerating
Hungary$50.8M9.2%+14.7%0.1% tariffGrowing
South Africa$50.4M23.9%+15%0.1% tariffAccelerating

Destination

USA, Puerto Rico and US Virgin Islands

Latest exports
$571.8M
Market share
11%
Growth
+2.8%
Access
0% tariff
Signal
Accelerating

Destination

Mexico

Latest exports
$372.1M
Market share
16.6%
Growth
+18.4%
Access
0.1% tariff
Signal
Accelerating

Destination

Republic of Korea

Latest exports
$236.6M
Market share
61.9%
Growth
+8.4%
Access
FTA reported
Signal
Growing

Destination

Japan

Latest exports
$211.5M
Market share
36.8%
Growth
+35%
Access
0% tariff
Signal
Accelerating

Destination

Brazil

Latest exports
$200.3M
Market share
37.8%
Growth
+36.1%
Access
0.3% tariff
Signal
Accelerating

Destination

Thailand

Latest exports
$172.1M
Market share
56.8%
Growth
+13.4%
Access
FTA reported
Signal
Accelerating

Destination

Russia

Latest exports
$158.9M
Market share
74%
Growth
+20.5%
Access
0.1% tariff
Signal
Accelerating

Destination

Germany

Latest exports
$126.0M
Market share
5.3%
Growth
+24.2%
Access
0% tariff
Signal
Accelerating

Destination

Poland

Latest exports
$108.2M
Market share
15%
Growth
+45.1%
Access
0.1% tariff
Signal
Growing

Destination

India

Latest exports
$94.8M
Market share
44%
Growth
+5%
Access
0.5% tariff
Signal
Accelerating

Destination

Malaysia

Latest exports
$61.6M
Market share
30.6%
Growth
+13.3%
Access
FTA reported
Signal
Accelerating

Destination

Belgium

Latest exports
$61.0M
Market share
30.2%
Growth
-4.4%
Access
0% tariff
Signal
Growing

Destination

United Arab Emirates

Latest exports
$58.6M
Market share
52.9%
Growth
+29.8%
Access
0.1% tariff
Signal
Accelerating

Destination

Hungary

Latest exports
$50.8M
Market share
9.2%
Growth
+14.7%
Access
0.1% tariff
Signal
Growing

Destination

South Africa

Latest exports
$50.4M
Market share
23.9%
Growth
+15%
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

Ecuador: $166.5K / ton.

Lowest reported price

Burkina Faso: $345.7 / ton.

Median price

$7.4K / ton across reported markets.

Export trend

Reported export history

Annual observations for China and HS 870894 where available.

YearExportsYear-on-year changeActive destinations
2010$585.3M+47.5%175
2011$786.2M+34.3%181
2012$933.4M+18.7%183
2013$1.0B+10%186
2014$1.2B+18.4%186
2015$1.5B+20.4%188
2016$1.6B+7.1%190
2017$1.7B+9.6%188
2018$1.9B+11.7%190
2019$1.9B-2.3%191
2020$1.7B-8.7%188
2021$2.2B+29.9%193
2022$2.5B+12.5%191
2023$3.0B+19.7%192
2024$3.3B+10.5%197

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 870894.

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 vehicle parts: steering wheels, steering columns and steering boxes: parts thereof 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.