USA | Imports and Exports | World | Parts and accessories of the motor vehicles of headings 8701 to 8705 | Value (US$) and Value Growth, YoY (%) | 2012 - 2023
The value of exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from USA totalled $ 47 billion in 2023. Sales of commodity group 8708 from USA went up by 16.5% compared to 2022: exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" went up by $ 6.75 billion (cumulative exports of commodity group 8708 from USA amounted $40 billion in 2022)
Exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" amounted to 2.35% of total exports from USA (cumulative merchandise exports from USA totalled $ 2.01 trillion in 2023). The share of commodity group 8708 in total exports from USA increased by 0.377 p.p. compared to 2022 (it was 1.97% in 2022 and cumulative exports from USA were equal to $ 2.06 trillion).
Exports of commodity group 8708 amounted to 31% of total sales of group "" from USA in 2023 (the value of exports of commodity group from USA amounted to $152 billion in 2023). The share of exports of commodity group 8708 in sales of commodity group from USA increased by 0.872 p.p. compared to 2022 (it was 30% in 2022, and exports of commodity group from USA were $134 billion).
Where does USA export Parts and accessories of the motor vehicles of headings 87.01 to 87.05?
Top export destinations of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from USA in 2023:
- Mexico with a share of 42% (20 billion US$)
- Canada with a share of 33% (15.7 billion US$)
- China with a share of 3.12% (1.48 billion US$)
- Germany with a share of 2.23% (1.05 billion US$)
- Australia with a share of 1.63% (776 million US$)
- Thailand with a share of 1.41% (673 million US$)
- Brazil with a share of 1.41% (670 million US$)
- South Africa with a share of 1.34% (638 million US$)
- Spain with a share of 1.19% (568 million US$)
- India - 399 million US$
Exports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - from USA in 2023 represented by the following main commodity groups:
- 29% (14 billion US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
- 18.6% (8.85 billion US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
- 16.4% (7.79 billion US$): 870840 - Vehicle parts; gear boxes and parts thereof
- 6.92% (3.28 billion US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
- 5.7% (2.71 billion US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)
- 4.27% (2.02 billion US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
- 2.71% (1.29 billion US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
- 2.34% (1.11 billion US$): 870893 - Vehicle parts; clutches and parts thereof
- 1.7% (807 million US$): 870810 - Bumpers & parts thereof of the motor vehicles of 87.01-87.05
- 1.5% (714 million US$): 870892 - Vehicle parts; silencers (mufflers) and exhaust pipes; parts thereof
The value of imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" to USA totalled $ 87 billion in 2023. Sales of commodity group 8708 to USA went up by 1.86% compared to 2022: imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" went up by $ 1.6 billion (the value of imports of commodity group 8708 to USA was equal to $86 billion in 2022)
Imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" accounted for 2.77% of total import flow to USA (in 2023, total imports to USA amounted to $ 3.16 trillion). The share of commodity group 8708 in total imports to USA increased by 0.215 p.p. compared to 2022 (it was 2.55% in 2022 and cumulative imports to USA were equal to $ 3.37 trillion).
Imports of commodity group 8708 reached 23% of total imports of group "" to USA in 2023 (imports of commodity group to USA totalled $381 billion in 2023). The share of purchases of commodity group 8708 in imports of commodity group to USA went down by 3.1 p.p. compared to 2022 (it was 26% in 2022, and imports of commodity group to USA accounted for $329 billion).
Where does USA import Parts and accessories of the motor vehicles of headings 87.01 to 87.05 from?
Top trading partners (import of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05") of USA in 2023:
- Mexico with a share of 39% (35 billion US$)
- Canada with a share of 13.2% (11.6 billion US$)
- China with a share of 11.2% (9.91 billion US$)
- Japan with a share of 7.79% (6.84 billion US$)
- Korea with a share of 7.02% (6.16 billion US$)
- Germany with a share of 6.93% (6.09 billion US$)
- India with a share of 2.25% (1.98 billion US$)
- Other Asia, nes with a share of 2.24% (1.97 billion US$)
- Thailand with a share of 1.25% (1.1 billion US$)
- Italy - 866 million US$
Imports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - to USA in 2023 represented by the following main commodity groups:
- 22% (19.9 billion US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
- 19.3% (16.9 billion US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
- 13.4% (11.8 billion US$): 870840 - Vehicle parts; gear boxes and parts thereof
- 7.14% (6.27 billion US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
- 6.62% (5.81 billion US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)
- 6% (5.27 billion US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
- 5.61% (4.92 billion US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
- 1.9% (1.67 billion US$): 870893 - Vehicle parts; clutches and parts thereof
- 1.89% (1.66 billion US$): 870892 - Vehicle parts; silencers (mufflers) and exhaust pipes; parts thereof
- 1.72% (1.51 billion US$): 870810 - Bumpers & parts thereof of the motor vehicles of 87.01-87.05
