2022
Exports
$36.1MWorld Rnk 27 / 144
Flag Rnk 652 / 1212
2022
PRODUCT COMPLEXITY IN Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)
0.68Rnk 282 / 1025
2022
Imports
$157MWorld Rnk 13 / 205
Flag Rnk 365 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $36.1M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), making it the 27th largest exporter of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 652nd most exported product in India. The main destination of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) exports from India are: Philippines ($16.2M), Bangladesh ($4.5M), South Korea ($3.02M), Nepal ($1.89M), and Sri Lanka ($1.67M).

The fastest growing export markets for Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) of India between 2021 and 2022 were Philippines ($8.52M), Japan ($1.27M), and South Korea ($1.18M).

Imports In 2022, India imported $157M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), becoming the 13th largest importer of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) in the world. At the same year, Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) was the 365th most imported product in India. India imports Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) primarily from: Germany ($42.4M), Czechia ($30.4M), China ($22.5M), United States ($21.8M), and Singapore ($12.5M).

The fastest growing import markets in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) for India between 2021 and 2022 were Germany ($19.6M), Czechia ($10.3M), and United States ($9.97M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$36.1M
IMPORTS (2022)$157M
NET TRADE (2022)-$121M

In 2022, India exported $36.1M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705). The main destinations of India exports on Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were Philippines ($16.2M), Bangladesh ($4.5M), South Korea ($3.02M), Nepal ($1.89M), and Sri Lanka ($1.67M).

In 2022, India imported $157M in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705), mainly from Germany ($42.4M), Czechia ($30.4M), China ($22.5M), United States ($21.8M), and Singapore ($12.5M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) EXPORT MARKETS FOR India WERE (2021 - 2022):
Philippines$8.52M (111%)
Japan$1.27M (3.71k%)
South Korea$1.18M (64.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) BY India WERE (2021 - 2022):
Togo-$2.66M (-100%)
Nepal-$1.49M (-44.1%)
Bangladesh-$926k (-17.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:
In 2022, India's main importing competitors in Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) were:

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Trade Value of Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705) by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $1.47M
TOP IMPORT POTENTIALChina+ $23.6M

Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest export potential is United States. With an export gap of $1.47M.   Vehicle Bodies (including cabs) for the motor vehicles (8701 to 8705)’s highest import potential is China with an import gap of $23.6M.

See methodology.

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