2026 Jan-Jul U.S. Imports of 8703400020 - Import Review
U.S. Customs import records, January-July 2026. Product data supplied by BigTradeData.
2026 Jan-Jul U.S. Imports of 8703400020
Passenger motor vehicles with a spark-ignition internal combustion engine and electric motor, not capable of being charged by an external source, with cylinder capacity over 1,500 cc and not over 3,000 cc, four cylinders or fewer.
CIF value: $15.50B | 589,899 vehicles | average $26.28K per vehicle
South Korea supplies 36.0% | Detroit, MI accounts for 25.0% of CIF value | July value was 47.7% above January
Leading origins
Share of total CIF value · 0–100% scale
Leading districts
Share of total CIF value · 0–100% scale
Source: gTradeData | Period: January-July 2026 | Value in CIF and FOB USD
This review covers U.S. imports under HS 8703400020 from January through July 2026. It examines import value, vehicle quantity, unit value, monthly movement, origin concentration and customs district distribution.
The market expanded during the period, but sourcing was unusually concentrated. South Korea, Canada and Japan supplied 96.5% of CIF value. Import growth came mainly from higher vehicle volume rather than a sustained increase in average value per vehicle.
📌What the seven-month period looked like
Scale. Imports reached $15.50B in CIF value on 589,899 vehicles. Average CIF value was $26,277.31 per vehicle.
Growth. July CIF value was 47.7% above January and vehicle quantity was 40.2% higher.
Volume was the main driver. CIF value per vehicle ended July only 5.3% above January after falling to $23,133 in May.
Three origins dominate. South Korea, Canada and Japan supplied 96.5% of total CIF value.
📈1. Monthly Import Data, January-July 2026
Monthly CIF value, vehicle quantity, FOB value, CIF value per vehicle and month-over-month change.
| Month | CIF USD | Vehicles | FOB USD | CIF per vehicle | MoM |
|---|---|---|---|---|---|
| January | 1,719,890,097 | 64,231 | 1,683,662,523 | $26,776.64 | n/a |
| February | 1,842,151,396 | 70,274 | 1,807,700,149 | $26,213.84 | +7.11% |
| March | 2,289,112,697 | 84,414 | 2,251,122,251 | $27,117.69 | +24.26% |
| April | 2,441,610,123 | 94,115 | 2,401,195,650 | $25,942.84 | +6.66% |
| May | 2,333,178,459 | 100,859 | 2,295,554,802 | $23,133.07 | -4.44% |
| June | 2,334,892,796 | 85,931 | 2,292,280,077 | $27,171.72 | +0.07% |
| July | 2,540,012,375 | 90,075 | 2,484,364,796 | $28,198.86 | +8.78% |
| Total | 15,500,847,943 | 589,899 | 15,215,880,248 | $26,277.31 | n/a |
July recorded the highest monthly CIF value at $2.54B. January was the lowest at $1.72B. May recorded the highest vehicle count at 100,859 but the lowest average CIF value per vehicle at $23,133. The combination points to changing product mix rather than a simple price trend.
🌍2. Partner Countries and Entry Districts
Top partner countries by value
| Rank | Country | CIF value | Vehicles | CIF per vehicle | Share |
|---|---|---|---|---|---|
| 1 | South Korea | $5.58B | 218,799 | $25,486.68 | 35.98% |
| 2 | Canada | $5.05B | 208,611 | $24,224.69 | 32.60% |
| 3 | Japan | $4.33B | 141,169 | $30,682.88 | 27.94% |
| 4 | Mexico | $272.8M | 11,666 | $23,383.51 | 1.76% |
| 5 | China | $258.2M | 9,430 | $27,381.27 | 1.67% |
| 6 | United Kingdom | $3.9M | 141 | $27,526.72 | 0.03% |
| 7 | Germany | $2.0M | 32 | $61,196.28 | 0.01% |
| 8 | South Africa | $1.2M | 25 | $48,427.64 | 0.01% |
| 9 | Spain | $1.2M | 21 | $56,349.86 | 0.01% |
| 10 | Taiwan, China | $0.1M | 3 | $27,500.67 | less than 0.01% |
⚓ Top entry districts by value
| Rank | District | CIF value | Vehicles | CIF per vehicle | Share |
|---|---|---|---|---|---|
| 1 | Detroit, MI | $3.87B | 161,893 | $23,933.86 | 25.00% |
| 2 | Los Angeles, CA | $2.23B | 81,695 | $27,254.14 | 14.36% |
| 3 | Columbia-Snake, OR | $1.44B | 49,712 | $28,873.32 | 9.26% |
| 4 | Philadelphia, PA | $1.19B | 46,731 | $25,393.54 | 7.66% |
| 5 | Buffalo, NY | $1.18B | 46,728 | $25,248.16 | 7.61% |
| 6 | Seattle, WA | $1.11B | 42,308 | $26,231.87 | 7.16% |
| 7 | Savannah, GA | $1.03B | 39,971 | $25,708.91 | 6.63% |
| 8 | San Francisco, CA | $832.8M | 27,198 | $30,619.87 | 5.37% |
| 9 | Tampa, FL | $825.2M | 27,061 | $30,493.47 | 5.32% |
| 10 | New York City, NY | $753.4M | 24,415 | $30,858.62 | 4.86% |
🔎3. Reading the Numbers
The supply base is concentrated at origin
South Korea, Canada and Japan supplied 96.5% of CIF value. The remaining origins are too small in the published data to provide immediate diversification at comparable scale. Any substitution strategy would require model availability, certification, capacity and commercial checks.
Growth was mainly volume-led
Vehicle quantity increased 40.2% from January to July, while average CIF value per vehicle increased only 5.3%. The market expanded because more vehicles entered the country. The monthly unit-value range also indicates that changing model mix influenced the average.
Detroit is the main operating node
Detroit accounted for 25.0% of CIF value, ahead of Los Angeles at 14.4%. The top three districts handled 48.6%. This is less concentrated than the origin mix, but disruption exposure should be assessed at route level before origin and district shares are combined.
🧭4. Trend Assessment
What works in its favour
CIF value rose from $1.72B in January to $2.54B in July.
Vehicle quantity reached a period high of 100,859 units in May.
Ten districts provide a geographically broad entry network across the Midwest, West Coast, East Coast and Southeast.
Where it is fragile
Three countries account for 96.5% of CIF value.
Detroit alone handles one quarter of the market by value.
Average CIF value per vehicle varies by month and origin, making a single pricing assumption unreliable.
Trend outlook
The available data supports a positive near-term volume trend but not a full-year forecast. Future assessment should compare monthly vehicle counts, unit values and origin shares using consistent product definitions. A decline in all three would indicate a broader slowdown than a change in product mix alone.
✅5. Recommendations
Origin strategy
Protect commercial relationships in South Korea, Canada and Japan.
Evaluate Mexico and China as secondary sources without assuming immediate model substitutability.
Track the top-three origin share monthly and investigate material changes.
Pricing and product mix
Separate planning by comparable model, specification and origin.
Do not treat aggregate CIF value per vehicle as an identical-product price index.
Track the CIF-to-FOB spread, which averaged approximately 1.9% over the period.
Channel resilience
Assess Detroit capacity and route dependence first.
Compare Los Angeles, Columbia-Snake, Philadelphia and Buffalo for contingency capacity, inland transport and lead time.
Validate origin-to-district routes before modeling combined disruption losses.
ℹ️Data Notes
HS classification. All figures refer to HS 8703400020.
Source. gTradeData based on the supplied U.S. import workbook.
Period. January-July 2026, seven months.
Units. Value in U.S. dollars. Quantity is reported as vehicles. Unit value is CIF divided by vehicle quantity.
Market share. Origin or district CIF value divided by total period CIF value.
MoM. Current month CIF value divided by prior month CIF value minus one.
Interpretation. Differences in aggregate unit value may reflect model mix, trim, freight, valuation and other factors. They do not identify price changes for identical vehicles.
🎯Bottom line
U.S. imports of HS 8703400020 totaled $15.50B in CIF value and 589,899 vehicles from January through July 2026. July value was 47.7% above January. South Korea, Canada and Japan supplied 96.5% of value, while Detroit handled 25.0%. The growth signal is clear, but the market depends on a narrow origin base and requires model-level evidence for pricing, sourcing and substitution decisions.