2016 Top Markets Report - Automotive Parts

openness to trade variable comes from the
International Chamber of Commerce’s third edition
of the Open Markets Index released in September

2015. Each of these variables was then standardized

to give each country a ranking between 0-1. The

results of these rankings for each variable in each of

the markets analyzed can be found in the table

below.

Figure 2: OE Rankings and Model Standardized Scores

Country

Overall

Ranking

Market

Size

(2012-

2014)

U.S.

Parts

Exports

(2012-

2014)

U.S.

Import

Share

Average

12 - 14

Production

Projected

2020

Distance

Total

Domestic

Production

(2012-

2014)

Openness

to Trade

Canada 1 0.0415 1.0000 1.0000 0.0291 1.0000 0.0545 0.

Mexico 2 0.0378 0.8484 0.9414 0.1040 0.8176 0.1027 0.

China 3 1.0000 0.0651 0.0710 1.0000 0.3244 1.0000 0.

Japan 4 0.2592 0.0415 0.0967 0.2990 0.3333 0.4674 0.

Germany 5 0.1694 0.0513 0.0208 0.2145 0.6451 0.3070 0.

Korea 6 0.0646 0.0219 0.1152 0.1608 0.3197 0.2322 0.

Belgium 7 0.0258 0.0114 0.0237 0.0176 0.6544 0.0272 0.

Hong Kong 8 0.0004 0.0121 0.1208 0.0000 0.1966 0.0000 1

Singapore 9 0.0000 0.0085 0.1683 0.0000 0.0426 0.0000 1

France 10 0.1017 0.0113 0.0241 0.0638 0.6579 0.0867 0.

Netherlands 11 0.0230 0.0084 0.0304 0.0000 0.6560 0.0005 0.

Chile 12 0.0133 0.0139 0.2897 0.0002 0.5005 0.0002 0.

Spain 13 0.0413 0.0039 0.0000 0.0985 0.6622 0.0970 0.

Peru 14 0.0060 0.0033 0.2780 0.0000 0.6545 0.0000 0.

United Kingdom 15 0.1249 0.0323 0.0479 0.
0.0841 0.

Sweden 16 0.0144 0.0008 0.0120 0.0074 0.6265 0.0089 0.

Australia 17 0.0486 0.0479 0.2720 0.0000 0.0000 0.0000 0.

India 18 0.1448 0.0041 0.0728 0.1843 0.2747 0.1795 0.

Brazil 19 0.1671 0.0299 0.1065 0.0935 0.5378 0.1536 0

Russia 20 0.1364 0.0103 0.0509 0.0663 0.5492 0.1041 0.

Colombia 21 0.0081 0.0060 0.2791 0.0032 0.7754 0.0040 0.

Poland 22 0.0151 0.0008 0.0002 0.0236 0.5921 0.0278 0.

Italy 23 0.0750 0.0080 0.0236 0.0266 0.5895 0.0222 0.

United Arab
Emirates

24 0.0187 0.0145 0.0623 0.

0.0000 0.

Saudi Arabia 25 0.0412 0.0061 0.1216 0.0000 0.3545 0.0000 0.

Turkey 26 0.0324 0.0000 0.0115 0.0393 0.5134 0.0363 0.

Thailand 27 0.0298 0.0066 0.0299 0.0331 0.1336 0.0515 0.

Venezuela 28 0.0015 0.0162 0.5055 0.
0.0023 0.

South Africa 29 0.0234 0.0071 0.1280 0.0118 0.2217 0.0153 0.

Argentina 30 0 0.0020 0.0381 0.0175 0.4829 0 0.