# Vehicles (HS4 8707) Trade Overview | Yugalinks

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Vehicles at HS4 8707, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8707

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## Answer

The vehicles subsector recorded $9.6B in reported global trade in 2024, with -13.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $9.6B |
| Latest annual change | -13.5% |
| Active exporters | 151 |
| Active importers | 198 |
| Active HS6 products | 2 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $1.9B | 2,038 | 2 |
| 1996 | $2.1B | 2,038 | 2 |
| 1997 | $2.8B | 2,033 | 2 |
| 1998 | $3.1B | 2,147 | 2 |
| 1999 | $3.4B | 2,298 | 2 |
| 2000 | $3.2B | 2,549 | 2 |
| 2001 | $2.9B | 2,492 | 2 |
| 2002 | $3.0B | 2,564 | 2 |
| 2003 | $4.4B | 2,721 | 2 |
| 2004 | $5.5B | 2,856 | 2 |
| 2005 | $6.1B | 2,930 | 2 |
| 2006 | $6.7B | 3,019 | 2 |
| 2007 | $9.1B | 3,233 | 2 |
| 2008 | $10.8B | 3,434 | 2 |
| 2009 | $5.0B | 3,302 | 2 |
| 2010 | $7.2B | 3,364 | 2 |
| 2011 | $9.5B | 3,399 | 2 |
| 2012 | $10.4B | 3,440 | 2 |
| 2013 | $10.7B | 3,400 | 2 |
| 2014 | $9.7B | 3,517 | 2 |
| 2015 | $8.1B | 3,564 | 2 |
| 2016 | $9.0B | 3,564 | 2 |
| 2017 | $9.1B | 3,559 | 2 |
| 2018 | $10.4B | 3,466 | 2 |
| 2019 | $9.9B | 3,570 | 2 |
| 2020 | $7.4B | 3,446 | 2 |
| 2021 | $8.5B | 3,520 | 2 |
| 2022 | $8.0B | 3,664 | 2 |
| 2023 | $11.1B | 3,638 | 2 |
| 2024 | $9.6B | 3,651 | 2 |

## Leading corridors

- Belgium to Netherlands: $737.4M; growth -4.4%.
- Sweden to Netherlands: $544.0M; growth +1.2%.
- China to Iran (Islamic Republic of): $523.6M; growth +49.3%.
- Republic of Korea to Kazakhstan: $455.1M; growth +10,404.4%.
- Mexico to USA, Puerto Rico and US Virgin Islands: $396.8M; growth +35.1%.
- Germany to United Kingdom: $338.0M; growth -10.8%.
- Sweden to France: $316.2M; growth +10%.
- Turkey to Iran (Islamic Republic of): $243.6M; growth +355.2%.
- Sweden to Belgium: $207.8M; growth +2.7%.
- Uzbekistan to Kazakhstan: $198.9M; growth +295.9%.

## HS6 products

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

## 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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## Continue your research

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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.