Vehicle steering components trade by country: top importers, exporters and prices
World trade in vehicle steering components was worth $24.03 billion in 2024, about 1.56 million tonnes. That is an increase of 9% since 2017, and up 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 | $24.03B | 1.56M t |
| 2023 | $23.28B | 1.54M t |
| 2022 | $20.67B | 1.44M t |
| 2021 | $20.54B | 1.38M t |
| 2020 | $17.98B | 1.23M t |
| 2019 | $21.97B | 1.56M t |
| 2018 | $23.62B | 1.59M t |
| 2017 | $21.95B | 1.57M t |
Top vehicle steering components exporting countries
Mexico is the largest exporter with 16% of world exports, followed by China and Germany. The top three supply 41% between them, out of 186 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Mexico | $3.81B | 16% |
| China | $3.16B | 13% |
| Germany | $2.77B | 12% |
| United States | $1.87B | 7.8% |
| France | $1.42B | 5.9% |
| Hungary | $1.34B | 5.6% |
| Poland | $1.19B | 5% |
| Romania | $1.12B | 4.7% |
| Japan | $1.11B | 4.6% |
| South Korea | $851.9M | 3.6% |
| Czech Republic | $475.9M | 2% |
| Thailand | $457.9M | 1.9% |
Top importing countries and buyer markets
The largest importers are the United States (22%), Germany (10%) and Mexico (9%). 219 countries imported it, and the top three take 41% of the value.
| Importer | Value | Share |
|---|---|---|
| United States | $5.27B | 22% |
| Germany | $2.39B | 10% |
| Mexico | $2.24B | 9.3% |
| China | $1.05B | 4.4% |
| Morocco | $980.2M | 4.1% |
| Spain | $833.7M | 3.5% |
| France | $800.3M | 3.3% |
| Canada | $768.3M | 3.2% |
| Poland | $728.2M | 3% |
| Czech Republic | $686.0M | 2.9% |
| United Kingdom | $609.6M | 2.5% |
| Japan | $591.1M | 2.5% |
Average price per kg
The world average declared value was about $15.39 per kg in 2024. Among the main exporters, Romania averaged $31.94 per kg and China $11.56 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 steering components (HS 8708.94) 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 8708.94: Vehicle parts: steering wheels, steering columns and steering boxes: parts thereof. HS 8708 codes.
Common questions
Which countries export the most vehicle steering components?
Mexico exported $3.81 billion in 2024, 16% of the world total, followed by China (13%) and Germany (12%). In all, 186 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most vehicle steering components?
The United States imported $5.27 billion in 2024, 22% of world imports, ahead of Germany (10%) and Mexico (9%). The top three importers together take 41%. Each country with its own page is linked from the table.
How big is the world trade in vehicle steering components?
It was worth $24.03 billion in 2024, about 1.56 million tonnes. That is an increase of 9% since 2017. 2024 was the highest year since 2017. 186 countries reported exports and 219 reported imports.
What is the average price of vehicle steering components per kg?
The world average declared value was about $15.39 per kg in 2024. Among the main exporters, Romania averaged $31.94 per kg and China $11.56 per kg, so grade and origin matter. Read it as a benchmark: it blends all grades, origins and contract terms.
What is the HS code for vehicle steering components?
The HS code for vehicle steering components is subheading 8708.94, 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 steering components buyers and suppliers?
The rankings here stop at countries; EximDataX goes down to the companies trading vehicle steering components, from direct customs feeds and mirror data. Tell us your markets to see them live.
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