HS4 subsector intelligence

Vehicles
HS4 8703 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 87031995-2024 coverageRapid growth
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$957.4BGlobal subsector value
02

Annual change

-1.7%Latest year on year
03

Exporters

193Active reporting countries
04

Importers

199Active reporting countries
05

HS6 products

14Classifications inside HS4

The subsector read

$957.4B in trade, with +10.1% annualized growth over three years.

Vehicles is recorded across 9,017 active corridors, with 193 exporters and 199 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $204.7B1996: $217.9B1997: $230.7B1998: $247.2B1999: $291.8B2000: $306.3B2001: $311.7B2002: $344.5B2003: $398.4B2004: $460.0B2005: $481.5B2006: $535.0B2007: $621.3B2008: $628.4B2009: $439.7B2010: $549.3B2011: $626.6B2012: $638.9B2013: $658.9B2014: $691.6B2015: $667.6B2016: $685.4B2017: $733.1B2018: $753.2B2019: $752.0B2020: $633.9B2021: $717.1B2022: $780.2B2023: $967.1B2024: $957.4B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$48.9B+19%143,359 kmYes
2JapanJPNUSA, Puerto Rico and US Virgin IslandsUSA$40.0B+7%1410,872 kmNo
3Republic of KoreaKORUSA, Puerto Rico and US Virgin IslandsUSA$36.5B+27.7%1211,077 kmYes
4CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$28.7B+2.7%14556 kmYes
5GermanyDEUUSA, Puerto Rico and US Virgin IslandsUSA$26.3B+14.8%146,402 kmNo
6USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$15.7B+3.2%14556 kmYes
7ChinaCHNRussiaRUS$15.2B+133.6%136,831 kmNo
8GermanyDEUUnited KingdomGBR$14.7B+6%14935 kmYes
9GermanyDEUItalyITA$11.0B+10.6%141,184 kmYes
10GermanyDEUChinaCHN$11.0B-13.6%128,415 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1GermanyDEU$170.2B18014
2JapanJPN$114.1B19214
3ChinaCHN$89.5B19414
4Republic of KoreaKOR$69.0B19014
5MexicoMEX$65.4B13314
6USA, Puerto Rico and US Virgin IslandsUSA$61.1B18914
7SpainESP$41.2B15914
8United KingdomGBR$36.6B18114
9SlovakiaSVK$34.4B14314
10CzechiaCZE$34.3B12114
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$215.6B13214
2GermanyDEU$70.1B11514
3United KingdomGBR$50.9B9514
4FranceFRA$43.1B11014
5CanadaCAN$39.0B8614
6ItalyITA$35.5B9214
7ChinaCHN$34.5B7314
8BelgiumBEL$31.5B10914
9AustraliaAUS$23.8B6814
10United Arab EmiratesARE$23.7B10114

HS6 product coverage

The products inside HS4 8703

Six-digit classifications make the subsector specific. Browse the product workspace ↗

14 classifications shownVehicles
01
Vehicles: specially designed for travelling on snow, golf cars and similar vehiclesHS6 870310
02
Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000ccHS6 870321
03
Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500ccHS6 870322
04
Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000ccHS6 870323
05
Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccHS6 870324
06
Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity not exceeding 1500ccHS6 870331
07
Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500ccHS6 870332
08
Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 2500ccHS6 870333
09
Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric powerHS6 870340
10
Vehicles: with both compression-ignition internal combustion piston engine (diesel or semi-diesel) and electric motor for propulsion, incapable of being charged by plugging to external source of electric powerHS6 870350
11
Vehicles: with both spark-ignition internal combustion reciprocating piston engine and electric motor for propulsion, capable of being charged by plugging to external source of electric powerHS6 870360
12
Vehicles: with both compression-ignition internal combustion piston engine (diesel or semi-diesel) and electric motor for propulsion, capable of being charged by plugging to external source of electric powerHS6 870370
13
Vehicles: with only electric motor for propulsionHS6 870380
14
Vehicles: for transport of persons (other than those of heading no. 8702) n.e.s. in heading no. 8703, including station wagons and racing carsHS6 870390

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.