# HS 851770 Parts global trade data overview | Yugalinks

Reported global trade in parts reached $79.1B in 2024, with five-year annual growth of -6.6%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $96.8B | +11.5% | +9.2% |
| 2014 | $100.2B | +3.5% | +6.2% |
| 2015 | $107.5B | +7.4% | +7.4% |
| 2016 | $105.5B | -1.9% | +2.9% |
| 2017 | $115.7B | +9.6% | +4.9% |
| 2018 | $114.1B | -1.4% | +2% |
| 2019 | $111.1B | -2.6% | +1.7% |
| 2020 | $112.0B | +0.7% | -1.1% |
| 2021 | $131.1B | +17.1% | +4.8% |
| 2022 | $92.3B | -29.6% | -6% |
| 2023 | $65.3B | -29.3% | -16.4% |
| 2024 | $79.1B | +21.1% | -15.5% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| China | $12.9B | -17.9% | 113 |
| Viet Nam | $11.7B | -2.9% | 61 |
| India | $10.9B | +5.7% | 75 |
| USA | $7.6B | +5.3% | 114 |
| Republic of Korea | $3.4B | -14.6% | 93 |
| Indonesia | $2.6B | -5.8% | 66 |
| China, Hong Kong Special Administrative Region | $2.5B | -19.5% | 140 |
| Thailand | $2.5B | +15.2% | 63 |
| Mexico | $2.1B | +1.3% | 123 |
| Brazil | $2.0B | -4.4% | 65 |
| Singapore | $1.8B | -4% | 89 |
| Taiwan | $1.7B | +5.1% | 68 |

_Source: reported merchandise trade data. Updated 2026-08-14._