{ "pageType": "HS4 subsector trade overview", "source": "api", "title": "Vehicles (HS4 8707) Trade Overview | Yugalinks", "description": "Review reported global trade for vehicles at HS4 8707, including scale, trend, corridors, countries, and the HS6 products within this subsector.", "canonical": "https://www.yugalinks.com/trade/sector/hs4/8707", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks", "sameAs": [ "https://in.linkedin.com/company/yugalinks" ] }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-27", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-27" } ] }, "links": { "html": "https://www.yugalinks.com/trade/sector/hs4/8707/index.html", "markdown": "https://www.yugalinks.com/trade/sector/hs4/8707/index.md", "json": "https://www.yugalinks.com/trade/sector/hs4/8707/index.json", "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/8707/index.ld.json", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "internalLinks": { "workspace": "https://www.yugalinks.com/app", "platform": "https://www.yugalinks.com/platform", "methodology": "https://www.yugalinks.com/methodology", "dataSources": "https://www.yugalinks.com/data-sources", "dataCoverage": "https://www.yugalinks.com/data-coverage", "responsibleAi": "https://www.yugalinks.com/responsible-ai" }, "subsector": { "hs4": "8707", "name": "Vehicles" }, "coverage": { "firstDataYear": 1995, "latestDataYear": 2024, "yearsWithData": 30, "refreshedAt": "2026-07-20 09:34:09" }, "answer": "The vehicles subsector recorded $9.6B in reported global trade in 2024, with -13.5% annual change.", "keyFigures": { "latestTradeUsd": 9636008262.746899, "latestAnnualChangePct": -13.505525659841888, "activeExporters": 151, "activeImporters": 198, "activeHs6Products": 2 }, "growthAndStructure": { "trendLabel": "Growing", "tradeCagr3yPct": 4.315337351053872, "tradeCagr5yPct": -0.5093214677052482, "historicalPeakUsd": 11124222803.75827, "historicalPeakYear": 2023, "positiveGrowthYearSharePct": 65.51724137931035, "exporterConcentrationHhi": 1046.1081666576547, "importerConcentrationHhi": 1169.0307147256044, "tradeVolatilityCv": 0.4327560981399731 }, "annualRows": [ { "year": 1995, "hs4": 8707, 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"active_hs6_count": 2, "country_name": "France" }, { "year": 2024, "country_iso3": "MEX", "hs4": 8707, "exports_usd": 439127409.53260005, "imports_usd": 142244867.0057539, "trade_balance_usd": 296882542.5268462, "export_partner_count": 56, "import_partner_count": 41, "active_hs6_count": 2, "country_name": "Mexico" }, { "year": 2024, "country_iso3": "JPN", "hs4": 8707, "exports_usd": 389617216.38887537, "imports_usd": 30455758.15864134, "trade_balance_usd": 359161458.230234, "export_partner_count": 129, "import_partner_count": 33, "active_hs6_count": 2, "country_name": "Japan" }, { "year": 2024, "country_iso3": "TUR", "hs4": 8707, "exports_usd": 363079620.91763955, "imports_usd": 11874992.824515533, "trade_balance_usd": 351204628.09312403, "export_partner_count": 108, "import_partner_count": 39, "active_hs6_count": 2, "country_name": "Turkey" }, { "year": 2024, "country_iso3": "ITA", "hs4": 8707, "exports_usd": 354278200.3801802, "imports_usd": 219397686.3785467, "trade_balance_usd": 134880514.00163347, "export_partner_count": 111, "import_partner_count": 42, "active_hs6_count": 2, "country_name": "Italy" } ], "importers": [ { "year": 2024, "country_iso3": "NLD", "hs4": 8707, "exports_usd": 121390197.1382408, "imports_usd": 1347655975.0305076, "trade_balance_usd": -1226265777.8922668, "export_partner_count": 79, "import_partner_count": 49, "active_hs6_count": 2, "country_name": "Netherlands" }, { "year": 2024, "country_iso3": "KAZ", "hs4": 8707, "exports_usd": 4811551.810954083, "imports_usd": 1014065117.790029, "trade_balance_usd": -1009253565.979075, "export_partner_count": 11, "import_partner_count": 36, "active_hs6_count": 2, "country_name": "Kazakhstan" }, { "year": 2024, "country_iso3": "IRN", "hs4": 8707, "exports_usd": 566717.1824528085, "imports_usd": 1012820190.3858731, "trade_balance_usd": -1012253473.2034203, "export_partner_count": 10, "import_partner_count": 32, "active_hs6_count": 2, "country_name": "Iran (Islamic Republic of)" }, { "year": 2024, "country_iso3": "USA", "hs4": 8707, "exports_usd": 328980449.6274221, "imports_usd": 833692473.1471046, "trade_balance_usd": -504712023.5196825, "export_partner_count": 125, "import_partner_count": 59, "active_hs6_count": 2, "country_name": "USA, Puerto Rico and US Virgin Islands" }, { "year": 2024, "country_iso3": "GBR", "hs4": 8707, "exports_usd": 110673802.65765728, "imports_usd": 683530980.8600843, "trade_balance_usd": -572857178.202427, "export_partner_count": 123, "import_partner_count": 55, "active_hs6_count": 2, "country_name": "United Kingdom" }, { "year": 2024, "country_iso3": "FRA", "hs4": 8707, "exports_usd": 473144190.6605633, "imports_usd": 566913906.994087, "trade_balance_usd": -93769716.33352369, "export_partner_count": 114, "import_partner_count": 59, "active_hs6_count": 2, "country_name": "France" }, { "year": 2024, "country_iso3": "BEL", "hs4": 8707, "exports_usd": 811098574.0386515, "imports_usd": 277344840.4043448, "trade_balance_usd": 533753733.63430667, "export_partner_count": 90, "import_partner_count": 38, "active_hs6_count": 2, "country_name": "Belgium" }, { "year": 2024, "country_iso3": "DEU", "hs4": 8707, "exports_usd": 1032079282.8659755, "imports_usd": 258432240.16591108, "trade_balance_usd": 773647042.7000644, "export_partner_count": 109, "import_partner_count": 59, "active_hs6_count": 2, "country_name": "Germany" }, { "year": 2024, "country_iso3": "ITA", "hs4": 8707, "exports_usd": 354278200.3801802, "imports_usd": 219397686.3785467, "trade_balance_usd": 134880514.00163347, "export_partner_count": 111, "import_partner_count": 42, "active_hs6_count": 2, "country_name": "Italy" }, { "year": 2024, "country_iso3": "ARE", "hs4": 8707, "exports_usd": 125890089.07308763, "imports_usd": 209304471.87695223, "trade_balance_usd": -83414382.8038646, "export_partner_count": 85, "import_partner_count": 47, "active_hs6_count": 2, "country_name": "United Arab Emirates" } ], "products": [ { "hs_code": "870710", "product_name": "Vehicles: bodies (including cabs) for the motor vehicles of heading no. 8703" }, { "hs_code": "870790", "product_name": "Vehicles: bodies (including cabs) for the motor vehicles of heading no. 8701, 8702, 8704 or 8705" } ], "methodology": { "reportedValues": "Merchandise trade observations aggregated to HS4.", "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.", "missingData": "Missing values remain unavailable and are not imputed." } }