T3 · Product exporter position

USA, Puerto Rico and US Virgin Islands 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 USA, Puerto Rico and US Virgin Islands 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 USAHS6 870431Latest year 2024Stable

Latest exports

$11.2BLatest observed lane total

Destination markets

136Reported active markets

Three-year growth

+0.9%Annualized change

Destination HHI

5,489Destination concentration

Weighted share

71.6%Reported market position

Exporter evidence

How strong is USA, Puerto Rico and US Virgin Islands 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$11.2B
Current 2024 exports$11.2B
Three-year average$12.4B
Historical peak$15.4B

Market position

Active destinations136
Destination HHI5,489
Weighted share71.6%
Share change-1 pp

Competitiveness

Three-year growth+0.9%
Volatility0.6
Maximum drawdown39.7%
TrendStable
MeasureValueWhat it describes
ExporterUSA, Puerto Rico and US Virgin IslandsCountry represented by this profile
Latest observed exports$11.2BSum of latest observed destination-lane values
Current 2024 exports$11.2BCommon-year comparison where reported
Three-year growth+0.9%Annualized change in exporter totals
Five-year growth-0.8%Annualized change in exporter totals
Leading destinationCANDestination with the largest observed export value
Leading destination share73.1%Share of observed exporter totals
Destination concentration5,489HHI across destination markets
Weighted share change-1 ppValue-weighted latest change in market share
Limited-history lanes13.5%Share of lanes with shorter history

Destination markets

Where does USA, Puerto Rico and US Virgin Islands 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
Canada$8.2B83.1%-2.9%FTA reportedGrowing
Mexico$1.3B37.1%+34.7%FTA reportedAccelerating
Australia$388.1M39.6%+14.7%FTA reportedGrowing
Sweden$170.7M79.7%+64.6%0% tariffGrowing
United Arab Emirates$159.7M25.1%+25.1%0.1% tariffGrowing
Saudi Arabia$118.8M38.1%+17.9%0.1% tariffStable
China$113.8M82.9%+97.4%0.3% tariffGrowing
Chile$113.4M36.8%+13.5%FTA reportedStable
Kuwait$96.2M39.8%-5.1%0% tariffGrowing
Brazil$92.3M24.4%+71.4%0.3% tariffStable
Honduras$51.2M68.9%+12.9%FTA reportedGrowing
Guatemala$46.3M45.9%-5.9%FTA reportedStable
Oman$39.8M21.1%+6.4%FTA reportedGrowing
Republic of Korea$28.4M91.5%-40.5%FTA reportedGrowing
Iraq$27.3M7.9%+118.7%Not reportedGrowing

Destination

Canada

Latest exports
$8.2B
Market share
83.1%
Growth
-2.9%
Access
FTA reported
Signal
Growing

Destination

Mexico

Latest exports
$1.3B
Market share
37.1%
Growth
+34.7%
Access
FTA reported
Signal
Accelerating

Destination

Australia

Latest exports
$388.1M
Market share
39.6%
Growth
+14.7%
Access
FTA reported
Signal
Growing

Destination

Sweden

Latest exports
$170.7M
Market share
79.7%
Growth
+64.6%
Access
0% tariff
Signal
Growing

Destination

United Arab Emirates

Latest exports
$159.7M
Market share
25.1%
Growth
+25.1%
Access
0.1% tariff
Signal
Growing

Destination

Saudi Arabia

Latest exports
$118.8M
Market share
38.1%
Growth
+17.9%
Access
0.1% tariff
Signal
Stable

Destination

China

Latest exports
$113.8M
Market share
82.9%
Growth
+97.4%
Access
0.3% tariff
Signal
Growing

Destination

Chile

Latest exports
$113.4M
Market share
36.8%
Growth
+13.5%
Access
FTA reported
Signal
Stable

Destination

Kuwait

Latest exports
$96.2M
Market share
39.8%
Growth
-5.1%
Access
0% tariff
Signal
Growing

Destination

Brazil

Latest exports
$92.3M
Market share
24.4%
Growth
+71.4%
Access
0.3% tariff
Signal
Stable

Destination

Honduras

Latest exports
$51.2M
Market share
68.9%
Growth
+12.9%
Access
FTA reported
Signal
Growing

Destination

Guatemala

Latest exports
$46.3M
Market share
45.9%
Growth
-5.9%
Access
FTA reported
Signal
Stable

Destination

Oman

Latest exports
$39.8M
Market share
21.1%
Growth
+6.4%
Access
FTA reported
Signal
Growing

Destination

Republic of Korea

Latest exports
$28.4M
Market share
91.5%
Growth
-40.5%
Access
FTA reported
Signal
Growing

Destination

Iraq

Latest exports
$27.3M
Market share
7.9%
Growth
+118.7%
Access
Not reported
Signal
Growing

Price intelligence

How does USA, Puerto Rico and US Virgin Islands'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

Croatia: $153.6K / ton.

Lowest reported price

Belize: $460.1 / ton.

Median price

$9.3K / ton across reported markets.

Export trend

Reported export history

Annual observations for USA, Puerto Rico and US Virgin Islands and HS 870431 where available.

YearExportsYear-on-year changeActive destinations
2010$7.6B+39.2%139
2011$7.4B-2.5%132
2012$7.7B+4.6%137
2013$8.8B+14.3%137
2014$8.1B-8.1%130
2015$7.6B-5.7%138
2016$8.8B+14.6%128
2017$10.1B+15.2%135
2018$9.3B-8.3%136
2019$11.6B+25.5%136
2020$8.9B-23.7%138
2021$10.9B+22.6%143
2022$12.5B+15.3%135
2023$13.5B+7.6%136
2024$11.2B-17.2%136

Exporter context

USA, Puerto Rico and US Virgin Islands 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.

USA, Puerto Rico and US Virgin Islands has reported exports of $1.9T and a trade balance of -$1.3T in 2024.

Available structural indicators include 25.3% trade openness, 21.9% 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 USA, Puerto Rico and US Virgin Islands 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.