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India | 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 India totalled $ 6.72 billion in 2023. Sales of commodity group 8703 from India went up by 2.09% 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 $ 137 million (cumulative exports of commodity group 8703 from India amounted $6.58 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 1.55% of total exports from India (cumulative merchandise exports from India totalled $ 431 billion in 2023). The share of commodity group 8703 in total exports from India increased by 0.103 p.p. compared to 2022 (it was 1.45% in 2022 and cumulative exports from India were equal to $ 452 billion).

Exports of commodity group 8703 amounted to 32% of total sales of group "" from India in 2023 (the value of exports of commodity group from India amounted to $20 billion in 2023). The share of exports of commodity group 8703 in sales of commodity group from India increased by 1.31 p.p. compared to 2022 (it was 30% in 2022, and exports of commodity group from India were $21 billion).

Exports | India | 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 India

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Where does India 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 India in 2023:

Saudi Arabia with a share of 18.5% (1.24 billion US$)
South Africa with a share of 17.1% (1.15 billion US$)
Mexico with a share of 13.6% (914 million US$)
United Arab Emirates with a share of 6.26% (420 million US$)
Chile with a share of 4.06% (273 million US$)
Peru with a share of 3.17% (213 million US$)
Turkey with a share of 1.91% (128 million US$)
Australia with a share of 1.82% (122 million US$)
Indonesia with a share of 1.67% (112 million US$)
Tunisia with a share of 1.56% (105 million US$)

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 India in 2023 represented by the following main commodity groups:

60% (4.06 billion US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
21% (1.45 billion US$): 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
12.8% (860 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
2.15% (145 million US$): 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
1.53% (103 million US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc
0.295% (19.8 million US$): 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
0.154% (10.4 million US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
0.018% (1.26 million US$): 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
0.014% (1 million US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles

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 India totalled $ 734 million in 2023. Sales of commodity group 8703 to India went up by 80% 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" went up by $ 327 million (the value of imports of commodity group 8703 to India was equal to $406 million 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 0.109% of total import flow to India (in 2023, total imports to India amounted to $ 672 billion). The share of commodity group 8703 in total imports to India increased by 0.053 p.p. compared to 2022 (it was 0.055% in 2022 and cumulative imports to India were equal to $ 732 billion).

Imports of commodity group 8703 reached 9.55% of total imports of group "" to India in 2023 (imports of commodity group to India totalled $7.68 billion in 2023). The share of purchases of commodity group 8703 in total imports of commodity group to India increased by 3.7 p.p. compared to 2022 (it was 5.85% in 2022, and imports of commodity group to India accounted for $6.94 billion).

Imports | India | 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 India