Work Trucks in United States 2020 Exports | Imports : $195M | $202M, World Rnk 1 / 120 Rnk 550 / 1217 | World Rnk 1 / 210 Rnk 680 / 1214
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $896k | $22.9M, Saudi Arabia | China
2020 ECONOMIC COMPLEXITY of United States: 1.56, Rnk 9 / 127
2020 PRODUCT COMPLEXITY IN Work Trucks: 0.62, Rnk 315 / 1029
Exports In 2020, United States exported $195M in Work Trucks, making it the 1st largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 550th most exported product in United States. The main destination of Work Trucks exports from United States are: Canada ($31.8M), Australia ($24.5M), Netherlands ($23.9M), United Kingdom ($21.8M), and Mexico ($14.3M).
The fastest growing export markets for Work Trucks of United States between 2019 and 2020 were Saudi Arabia ($896k), Chile ($830k), and New Zealand ($794k).
Imports In 2020, United States imported $202M in Work Trucks, becoming the 1st largest importer of Work Trucks in the world. At the same year, Work Trucks was the 680th most imported product in United States. United States imports Work Trucks primarily from: China ($55.1M), Germany ($23.4M), Canada ($23M), Chinese Taipei ($16M), and Mexico ($13.9M).
The fastest growing import markets in Work Trucks for United States between 2019 and 2020 were China ($22.9M), Israel ($7.52M), and Mexico ($4.23M).
December 2022
Overview In December 2022 United States' Work Trucks exports accounted up to $36.3M and imports accounted up to $37.4M, resulting in a negative trade balance of $1.15M. Between December 2021 and December 2022 the exports of United States' Work Trucks have increased by $11.9M (48.8%) from $24.4M to $36.3M, while imports increased by $5.84M (18.5%) from $31.6M to $37.4M.
Destinations In December 2022, Work Trucks were exported mostly to Australia ($8.42M), Canada ($4.02M), Netherlands ($2.66M), Israel ($2.54M), and United Kingdom ($2.51M), and were imported mostly from Taiwan ($7.95M), Japan ($6.64M), China ($3.82M), Mexico ($3.76M), and France ($3.38M).
Growth In December 2022, the increase in Work Trucks's year-by-year exports was explained primarily by an increase in exports to Canada ($1.82M or 140%), Chile ($781k or 6.29k%), and United Kingdom ($778k or 129%). In December 2022, the increase in Work Trucks's year-by-year imports was explained primarily by an increase in imports from Germany ($3.71M or 692%), Mexico ($1.35M or 139%), and France ($1.18M or 871%).
EXPORT GROWTH (December 2021 - December 2022): $11.9M, (48.8%)
IMPORT GROWTH (December 2021 - December 2022): $5.84M, (18.5%)
MAIN EXPORTER (December 2022): Georgia, $8.66M
MAIN DESTINATION (December 2022): Australia, $8.42M
This section shows Work Trucks'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 Work Trucks over time.
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EXPORTS (2020): $195M
IMPORTS (2020): $202M
NET TRADE (2020): -$6.85M
In 2020, United States exported $195M in Work Trucks. The main destinations of United States exports on Work Trucks were Canada ($31.8M), Australia ($24.5M), Netherlands ($23.9M), United Kingdom ($21.8M), and Mexico ($14.3M).
In 2020, United States imported $202M in Work Trucks, mainly from China ($55.1M), Germany ($23.4M), Canada ($23M), Chinese Taipei ($16M), and Mexico ($13.9M).
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR United States WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY United States WERE (2019 - 2020):
In 2020, United States's main exporting competitors in Work Trucks were:
In 2020, United States's main importing competitors in Work Trucks were:
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