T3 · Product exporter position

USA, Puerto Rico and US Virgin Islands exports of Vehicles: parts, gear boxes (HS 870840)

See where USA, Puerto Rico and US Virgin Islands stands in vehicles: parts, gear boxes: export scale, destination breadth, market position, growth, and reported trade history.

Exporter USAHS6 870840Latest year 2024Growing

Latest exports

$8.5BLatest observed lane total

Destination markets

164Reported active markets

Three-year growth

+9.7%Annualized change

Destination HHI

2,658Destination concentration

Weighted share

46.2%Reported market position

Exporter evidence

How strong is USA, Puerto Rico and US Virgin Islands in Vehicles: parts, gear boxes?

Reported exporter totals and calculated indicators for HS 870840. Values retain their observed coverage period.

Exporter scale

Latest exports$8.5B
Current 2024 exports$8.5B
Three-year average$8.1B
Historical peak$11.9B

Market position

Active destinations164
Destination HHI2,658
Weighted share46.2%
Share change+3.7 pp

Competitiveness

Three-year growth+9.7%
Volatility0.7
Maximum drawdown50.4%
TrendGrowing
MeasureValueWhat it describes
ExporterUSA, Puerto Rico and US Virgin IslandsCountry represented by this profile
Latest observed exports$8.5BSum of latest observed destination-lane values
Current 2024 exports$8.5BCommon-year comparison where reported
Three-year growth+9.7%Annualized change in exporter totals
Five-year growth+1.2%Annualized change in exporter totals
Leading destinationMEXDestination with the largest observed export value
Leading destination share46.4%Share of observed exporter totals
Destination concentration2,658HHI across destination markets
Weighted share change+3.7 ppValue-weighted latest change in market share
Limited-history lanes4.6%Share of lanes with shorter history

Destination markets

Where does USA, Puerto Rico and US Virgin Islands sell vehicles: parts, gear boxes?

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

DestinationLatest exportsMarket shareGrowthAccessSignal
Mexico$3.9B56.9%+16.9%FTA reportedAccelerating
Canada$1.7B75.4%+15.7%FTA reportedStable
Thailand$397.8M22.1%+18%0.3% tariffGrowing
China$369.2M5.1%-14.5%0.3% tariffGrowing
Turkey$297.8M15.2%+26.7%0.1% tariffAccelerating
Spain$289.7M12.6%-3.9%0.1% tariffGrowing
Brazil$243.8M9.5%-8.8%0.3% tariffGrowing
South Africa$191.3M26.5%+20.7%0.1% tariffAccelerating
Germany$150.2M2.7%+2.2%0.1% tariffGrowing

Destination

Mexico

Latest exports
$3.9B
Market share
56.9%
Growth
+16.9%
Access
FTA reported
Signal
Accelerating

Destination

Canada

Latest exports
$1.7B
Market share
75.4%
Growth
+15.7%
Access
FTA reported
Signal
Stable

Destination

Thailand

Latest exports
$397.8M
Market share
22.1%
Growth
+18%
Access
0.3% tariff
Signal
Growing

Destination

China

Latest exports
$369.2M
Market share
5.1%
Growth
-14.5%
Access
0.3% tariff
Signal
Growing

Destination

Turkey

Latest exports
$297.8M
Market share
15.2%
Growth
+26.7%
Access
0.1% tariff
Signal
Accelerating

Destination

Spain

Latest exports
$289.7M
Market share
12.6%
Growth
-3.9%
Access
0.1% tariff
Signal
Growing

Destination

Brazil

Latest exports
$243.8M
Market share
9.5%
Growth
-8.8%
Access
0.3% tariff
Signal
Growing

Destination

South Africa

Latest exports
$191.3M
Market share
26.5%
Growth
+20.7%
Access
0.1% tariff
Signal
Accelerating

Destination

Germany

Latest exports
$150.2M
Market share
2.7%
Growth
+2.2%
Access
0.1% tariff
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

Ethiopia: $301.6K / ton.

Lowest reported price

Liberia: $588.2 / ton.

Median price

$21.3K / ton across reported markets.

Export trend

Reported export history

Annual observations for USA, Puerto Rico and US Virgin Islands and HS 870840 where available.

YearExportsYear-on-year changeActive destinations
2010$4.5B+47.8%167
2011$5.2B+13.4%163
2012$5.7B+9.7%170
2013$6.4B+12.3%168
2014$6.3B-0.4%169
2015$6.5B+2.6%168
2016$6.8B+5%161
2017$7.7B+12.7%166
2018$8.5B+10.3%166
2019$8.0B-6.1%168
2020$6.3B-21.2%166
2021$6.4B+2.1%160
2022$7.5B+16.6%163
2023$8.4B+12.8%169
2024$8.5B+0.4%164

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 870840.

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: parts, gear boxes 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.