2022
Exports
$5.24BWorld Rnk 3 / 185
Flag Rnk 69 / 1217
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles
0.88Rnk 219 / 1025
2022
Imports
$10.7BWorld Rnk 1 / 222
Flag Rnk 64 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $5.24B in Large Construction Vehicles, making it the 3rd largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 69th most exported product in United States. The main destination of Large Construction Vehicles exports from United States are: Canada ($2.8B), Australia ($539M), Mexico ($298M), Chile ($220M), and Italy ($80.6M).

The fastest growing export markets for Large Construction Vehicles of United States between 2021 and 2022 were Canada ($773M), Chile ($64.3M), and Australia ($58.7M).

Imports In 2022, United States imported $10.7B in Large Construction Vehicles, becoming the 1st largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 64th most imported product in United States. United States imports Large Construction Vehicles primarily from: Japan ($5.6B), Brazil ($1.11B), South Korea ($844M), China ($720M), and Germany ($546M).

The fastest growing import markets in Large Construction Vehicles for United States between 2021 and 2022 were Japan ($1.31B), China ($263M), and South Korea ($247M).

COMPANIES In 2023, leading companies such as JOHN DEERE COMMERCIAL PRODUCTS (2.53k), KUBOTA ENGINE AMERICA CORPORATION (1.12k), and CNH INDUSTRIAL AMERICA LLC (647) were at the forefront of shipping Large Construction Vehicles to the United States.

Latest Trends

March 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)$20M(3.92%)
IMPORT GROWTH (March 2023 - March 2024)$-75.1M(-7.04%)
MAIN EXPORTER (March 2024)Texas$80.6M
MAIN DESTINATION (March 2024)Canada$313M

This section shows Large Construction Vehicles's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Large Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.24B
IMPORTS (2022)$10.7B
NET TRADE (2022)-$5.47B

In 2022, United States exported $5.24B in Large Construction Vehicles. The main destinations of United States exports on Large Construction Vehicles were Canada ($2.8B), Australia ($539M), Mexico ($298M), Chile ($220M), and Italy ($80.6M).

In 2022, United States imported $10.7B in Large Construction Vehicles, mainly from Japan ($5.6B), Brazil ($1.11B), South Korea ($844M), China ($720M), and Germany ($546M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$773M (38.2%)
Chile$64.3M (41.4%)
Australia$58.7M (12.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY United States WERE (2021 - 2022):
Russia-$75.1M (-93%)
Brazil-$62.5M (-46.2%)
Peru-$59.4M (-43.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Large Construction Vehicles were:
China $14.3B
In 2022, United States's main importing competitors in Large Construction Vehicles were:

Explore Visualizations

Trade Value of Large Construction Vehicles by Exporters

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