# Vehicles (HS4 8704) Trade Overview | Yugalinks

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Vehicles at HS4 8704, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8704

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## Answer

The vehicles subsector recorded $194.1B in reported global trade in 2024, with +0.3% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $194.1B |
| Latest annual change | +0.3% |
| Active exporters | 191 |
| Active importers | 200 |
| Active HS6 products | 7 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $39.4B | 4,229 | 7 |
| 1996 | $43.1B | 4,223 | 7 |
| 1997 | $46.8B | 4,287 | 7 |
| 1998 | $46.7B | 4,480 | 7 |
| 1999 | $51.2B | 4,671 | 7 |
| 2000 | $54.8B | 4,956 | 7 |
| 2001 | $53.7B | 5,014 | 7 |
| 2002 | $58.2B | 5,126 | 7 |
| 2003 | $66.2B | 5,291 | 7 |
| 2004 | $77.3B | 5,547 | 7 |
| 2005 | $85.7B | 5,730 | 7 |
| 2006 | $96.5B | 5,744 | 7 |
| 2007 | $119.4B | 6,094 | 7 |
| 2008 | $122.0B | 6,187 | 7 |
| 2009 | $70.7B | 6,255 | 7 |
| 2010 | $95.9B | 6,208 | 7 |
| 2011 | $116.6B | 6,364 | 7 |
| 2012 | $126.4B | 6,507 | 7 |
| 2013 | $123.4B | 6,462 | 7 |
| 2014 | $125.3B | 6,614 | 7 |
| 2015 | $117.5B | 6,500 | 7 |
| 2016 | $120.2B | 6,703 | 7 |
| 2017 | $132.2B | 6,544 | 7 |
| 2018 | $141.1B | 6,499 | 7 |
| 2019 | $142.9B | 6,530 | 7 |
| 2020 | $115.3B | 6,217 | 7 |
| 2021 | $148.5B | 6,439 | 7 |
| 2022 | $162.1B | 6,380 | 7 |
| 2023 | $196.7B | 6,556 | 7 |
| 2024 | $194.1B | 6,467 | 7 |

## Leading corridors

- Mexico to USA, Puerto Rico and US Virgin Islands: $38.1B; growth +9.6%.
- USA, Puerto Rico and US Virgin Islands to Canada: $14.8B; growth +4.7%.
- Canada to USA, Puerto Rico and US Virgin Islands: $7.5B; growth +80.4%.
- Thailand to Australia: $4.0B; growth +1.4%.
- Mexico to Canada: $3.2B; growth +17.8%.
- Argentina to Brazil: $3.1B; growth +9.3%.
- China to Russia: $2.7B; growth +99.4%.
- Turkey to United Kingdom: $2.4B; growth +5.4%.
- USA, Puerto Rico and US Virgin Islands to Mexico: $2.1B; growth +39.2%.
- Poland to Germany: $2.0B; growth +22.4%.

## HS6 products

- Vehicles: dumpers, designed for off-highway use, for transport of goods (HS6 870410)
- Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 (HS6 870421)
- Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 5 tonnes but not exceeding 20 tonnes), nes in item no 8704.1 (HS6 870422)
- Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a g.v.w. exceeding 20 tonnes), nes in item no 8704.1 (HS6 870423)
- 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 (HS6 870431)
- Vehicles: spark-ignition internal combustion piston engine, for transport of goods, (of a g.v.w. exceeding 5 tonnes), n.e.c. in item no 8704.1 (HS6 870432)
- Vehicles: with both compression-ignition internal combustion piston engine (diesel/semi-diesel) and electric motor as motor for propulsion, unassembled as in section 14, (gvw not exceeding 5000kg), for the transport of goods, vans (HS6 870441)
- Vehicles: with both compression-ignition internal combustion piston engine (diesel/semi-diesel) and electric motors for propulsion, of a g.v.w. exceeding 5,000kg but not exceeding 20,000kg (HS6 870442)
- Vehicles: with both compression-ignition internal combustion piston engine (diesel/semi-diesel) and electric motors for propulsion, of a g.v.w. exceeding 20,000kg (HS6 870443)
- Vehicles: with both spark-ignition internal combustion piston engine and electric motors for propulsion, of a g.v.w. not exceeding 5,000kg (HS6 870451)
- Vehicles: with both spark-ignition internal combustion piston engine and electric motors for propulsion, of a g.v.w. exceeding 5,000kg (HS6 870452)
- Vehicles: with only electric motor for propulsion (HS6 870460)
- Vehicles: for transport of goods, n.e.s. in heading no. 8704 (HS6 870490)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.