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China | Imports and Exports | World | Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars | Value (US$) and Value Growth, YoY (%) | 2012 - 2023

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The value of exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from China totalled $ 77 billion in 2023. Sales of commodity group 8703 from China went up by 73% compared to 2022: exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 32 billion (cumulative exports of commodity group 8703 from China amounted $44 billion in 2022)

Exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" amounted to 2.29% of total exports from China (cumulative merchandise exports from China totalled $ 3.37 trillion in 2023). The share of commodity group 8703 in total exports from China increased by 1.05 p.p. compared to 2022 (it was 1.24% in 2022 and cumulative exports from China were equal to $ 3.59 trillion).

Exports of commodity group 8703 amounted to 40% of total sales of group "" from China in 2023 (the value of exports of commodity group from China amounted to $192 billion in 2023). The share of exports of commodity group 8703 in sales of commodity group from China increased by 10.5 p.p. compared to 2022 (it was 29% in 2022, and exports of commodity group from China were $150 billion).

Exports | China | 8703

Export destinations of 8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars from China

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Where does China export Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars?

Top export destinations of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from China in 2023:

Russia with a share of 15% (11.6 billion US$)
Belgium with a share of 7.63% (5.93 billion US$)
United Kingdom with a share of 7.37% (5.72 billion US$)
Mexico with a share of 4.95% (3.84 billion US$)
Australia with a share of 4.79% (3.72 billion US$)
Spain with a share of 4.54% (3.53 billion US$)
Thailand with a share of 3.37% (2.62 billion US$)
USA with a share of 3.28% (2.55 billion US$)
Saudi Arabia with a share of 2.98% (2.31 billion US$)
United Arab Emirates with a share of 2.91% (2.26 billion US$)

Exports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - from China in 2023 represented by the following main commodity groups:

25% (19.7 billion US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
19% (14.7 billion US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
2.73% (2.12 billion US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
0.903% (701 million US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
0.175% (136 million US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
0.095% (74 million US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
0.043% (33 million US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
0.005% (4.51 million US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03
0% (474 thousand US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc

The value of imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" to China totalled $ 45 billion in 2023. Sales of commodity group 8703 to China decreased by 12.1% in value terms compared to 2022. imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" decreased by $ 6.33 billion (the value of imports of commodity group 8703 to China was equal to $52 billion in 2022)

Imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" accounted for 1.79% of total import flow to China (in 2023, total imports to China amounted to $ 2.55 trillion). The share of commodity group 8703 in total imports to China decreased by 0.127 p.p. compared to 2022 (it was 1.92% in 2022 and cumulative imports to China were equal to $ 2.71 trillion).

Imports of commodity group 8703 reached 64% of total imports of group "" to China in 2023 (imports of commodity group to China totalled $70 billion in 2023). The share of purchases of commodity group 8703 in total imports of commodity group to China increased by 0.309 p.p. compared to 2022 (it was 64% in 2022, and imports of commodity group to China accounted for $80 billion).

Imports | China | 8703

Sources of imports of 8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars for China