HS4 subsector intelligence

Vehicles
HS4 8707 trade overview

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

HS4 87071995-2024 coverageGrowing
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$9.6BGlobal subsector value
02

Annual change

-13.5%Latest year on year
03

Exporters

151Active reporting countries
04

Importers

198Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$9.6B in trade, with +4.3% annualized growth over three years.

Vehicles is recorded across 3,651 active corridors, with 151 exporters and 198 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: $1.9B1996: $2.1B1997: $2.8B1998: $3.1B1999: $3.4B2000: $3.2B2001: $2.9B2002: $3.0B2003: $4.4B2004: $5.5B2005: $6.1B2006: $6.7B2007: $9.1B2008: $10.8B2009: $5.0B2010: $7.2B2011: $9.5B2012: $10.4B2013: $10.7B2014: $9.7B2015: $8.1B2016: $9.0B2017: $9.1B2018: $10.4B2019: $9.9B2020: $7.4B2021: $8.5B2022: $8.0B2023: $11.1B2024: $9.6B
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
1BelgiumBELNetherlandsNLD$737.4M-4.4%2174 kmYes
2SwedenSWENetherlandsNLD$544.0M+1.2%21,128 kmYes
3ChinaCHNIran (Islamic Republic of)IRN$523.6M+49.3%26,390 kmNo
4Republic of KoreaKORKazakhstanKAZ$455.1M+10,404.4%24,232 kmNo
5MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$396.8M+35.1%23,359 kmYes
6GermanyDEUUnited KingdomGBR$338.0M-10.8%2935 kmYes
7SwedenSWEFranceFRA$316.2M+10%21,547 kmYes
8TurkeyTURIran (Islamic Republic of)IRN$243.6M+355.2%22,044 kmNo
9SwedenSWEBelgiumBEL$207.8M+2.7%21,283 kmYes
10UzbekistanUZBKazakhstanKAZ$198.9M+295.9%2672 kmYes

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
1ChinaCHN$1.3B1802
2SwedenSWE$1.1B732
3GermanyDEU$1.0B1092
4BelgiumBEL$811.1M902
5Republic of KoreaKOR$496.3M852
6FranceFRA$473.1M1142
7MexicoMEX$439.1M562
8JapanJPN$389.6M1292
9TurkeyTUR$363.1M1082
10ItalyITA$354.3M1112
Top importers2024 ranking
RankCountryImportsPartnersHS6
1NetherlandsNLD$1.3B492
2KazakhstanKAZ$1.0B362
3Iran (Islamic Republic of)IRN$1.0B322
4USA, Puerto Rico and US Virgin IslandsUSA$833.7M592
5United KingdomGBR$683.5M552
6FranceFRA$566.9M592
7BelgiumBEL$277.3M382
8GermanyDEU$258.4M592
9ItalyITA$219.4M422
10United Arab EmiratesARE$209.3M472

HS6 product coverage

The products inside HS4 8707

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

2 classifications shownVehicles
01
Vehicles: bodies (including cabs) for the motor vehicles of heading no. 8703HS6 870710
02
Vehicles: bodies (including cabs) for the motor vehicles of heading no. 8701, 8702, 8704 or 8705HS6 870790

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.