Vehicle gearboxes trade by country: top importers, exporters and prices
World trade in vehicle gearboxes was worth $68.90 billion in 2024, about 4.10 million tonnes. That is a fall of 3% since 2017, and down 3% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $68.90B | 4.10M t |
| 2023 | $71.06B | 4.27M t |
| 2022 | $68.37B | 4.24M t |
| 2021 | $69.55B | 4.08M t |
| 2020 | $61.06B | 3.63M t |
| 2019 | $70.64B | 4.41M t |
| 2018 | $76.21B | 4.66M t |
| 2017 | $71.13B | 4.59M t |
Top vehicle gearboxes exporting countries
Exports are led by Germany (24%), Japan (16%) and the United States (11%). 188 countries reported exports, and the top three account for 52%.
| Exporter | Value | Share |
|---|---|---|
| Germany | $16.56B | 24% |
| Japan | $11.35B | 17% |
| United States | $7.89B | 12% |
| Mexico | $5.21B | 7.6% |
| China | $4.01B | 5.8% |
| South Korea | $3.41B | 5% |
| Romania | $2.17B | 3.2% |
| France | $2.00B | 2.9% |
| Italy | $1.73B | 2.5% |
| Spain | $1.47B | 2.1% |
| Canada | $1.39B | 2% |
| Hungary | $1.22B | 1.8% |
Top importing countries and buyer markets
The largest importers are the United States (18%), China (11%) and Mexico (9%). 219 countries imported it, and the top three take 38% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $12.34B | 18% |
| China | $7.67B | 11% |
| Mexico | $6.32B | 9.2% |
| Germany | $5.37B | 7.8% |
| Brazil | $2.60B | 3.8% |
| Spain | $2.29B | 3.3% |
| Canada | $2.21B | 3.2% |
| Romania | $2.12B | 3.1% |
| Slovakia | $2.12B | 3.1% |
| France | $2.06B | 3% |
| Turkey | $2.05B | 3% |
| Thailand | $1.88B | 2.7% |
Average price per kg
The world average declared value was about $16.79 per kg in 2024. Among the main exporters, the United States averaged $20.80 per kg and China $12.37 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Vehicle gearboxes (HS 8708.40) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
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Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8708.40: Vehicle parts: gear boxes and parts thereof. HS 8708 codes.
Common questions
Which countries export the most vehicle gearboxes?
Germany exported $16.56 billion in 2024, 24% of the world total, followed by Japan (16%) and the United States (11%). In all, 188 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most vehicle gearboxes?
The United States imported $12.34 billion in 2024, 18% of world imports, ahead of China (11%) and Mexico (9%). The top three importers together take 38%. Each country with its own page is linked from the table.
How big is the world trade in vehicle gearboxes?
It was worth $68.90 billion in 2024, about 4.10 million tonnes. That is a fall of 3% since 2017. The peak year was 2018 at $76.21 billion. 188 countries reported exports and 219 reported imports.
What is the average price of vehicle gearboxes per kg?
The world average declared value was about $16.79 per kg in 2024. Among the main exporters, the United States averaged $20.80 per kg and China $12.37 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for vehicle gearboxes?
The HS code for vehicle gearboxes is subheading 8708.40, in chapter 87 (vehicles; other than railway or tramway rolling stock, and parts and accessories thereof). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 8708 page.
How can I find vehicle gearboxes buyers and suppliers?
EximDataX shows the importers and exporters of vehicle gearboxes by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
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