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843069 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.08BRnk 2021 / 4644
2023
Top Exporter | Top Importer $139M | $210MChina | United States
2023
Product Complexity 0.28Rnk 2062 / 4656
2022 - 2023
Export Growth (CAGR) 6.6%Rnk 901 / 4644
2023
Share of World Trade 0.0048%Rnk 2021 / 4644

About

Overview This page contains the latest trade data of Construction equipment, not self-propelled nes. In 2023, Construction equipment, not self-propelled nes were the world's 2021st most traded product, with a total trade of $1.08B. Between 2022 and 2023 the exports of Construction equipment, not self-propelled nes grew by 6.6%, from $1.01B to $1.08B. Trade in Construction equipment, not self-propelled nes represent 0.0048% of total world trade.

Construction equipment, not self-propelled nes are a part of Other Construction Vehicles.

Exports In 2023 the top exporters of Construction equipment, not self-propelled nes  were China ($139M), United States ($106M), South Korea ($104M), Canada ($83.2M), and Germany ($78.5M).

Imports In 2023 the top importers of Construction equipment, not self-propelled nes were United States ($210M), Australia ($80.8M), Qatar ($74.1M), Canada ($60M), and Netherlands ($39.8M).

Ranking Construction equipment, not self-propelled nes ranks 2062nd in the Product Complexity Index (PCI).

Description Construction equipment is used in the construction process to create building, infrastructure, and more. Construction equipment is used when there is excavation, building, demolition, and other construction. Construction equipment is used to transport materials, mix concrete, and more.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Construction equipment, not self-propelled nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$139M
Top Destination (2023)United States$210M

In 2023 Construction equipment, not self-propelled nes were the world's 2021st most traded product (out of 4,644).

In 2023, the top exporters of Construction equipment, not self-propelled nes were China ($139M), United States ($106M), South Korea ($104M), Canada ($83.2M), and Germany ($78.5M).

In 2023, the top importers of Construction equipment, not self-propelled nes were United States ($210M), Australia ($80.8M), Qatar ($74.1M), Canada ($60M), and Netherlands ($39.8M).

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Exporters of Construction equipment, not self-propelled nes (2023)
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Importers of Construction equipment, not self-propelled nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$71.6M
Top Destination Growth (2022 -  2023)Qatar$72.5M

Between 2022 and 2023, the exports of Construction equipment, not self-propelled nes grew the fastest in Vietnam ($71.6M), United States ($30.8M), China ($22M), Nigeria ($11.3M), and France ($6.93M).

Between 2022 and 2023, the fastest growing importers of Construction equipment, not self-propelled nes were Qatar ($72.5M), Australia ($36.6M), Italy ($11.9M), United Kingdom ($11.7M), and Russia ($10.7M).

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Exporters of Construction equipment, not self-propelled nes (2022 - 2023)

Importers of Construction equipment, not self-propelled nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Construction equipment, not self-propelled nes.

In 2023, market concentration measured using Shannon Entropy, was 4.51. This means that most of the exports of Construction equipment, not self-propelled nes are explained by 22 countries.

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Value of Exports in Construction equipment, not self-propelled nes

Net Trade

TOP NET EXPORTER (2023)China$133M
TOP NET IMPORTER (2023)United States$104M

This map shows which countries export or import more of Construction equipment, not self-propelled nes. Each country is colored based on the difference in exports and imports of Construction equipment, not self-propelled nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Construction equipment, not self-propelled nes were China ($133M), South Korea ($101M), Vietnam ($68.5M), Germany ($39.5M), and Finland ($37.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Construction equipment, not self-propelled nes were United States ($104M), Qatar ($74M), Australia ($71.3M), Russia ($31.3M), and Indonesia ($24.8M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Construction equipment, not self-propelled nes.
It is possible to select the main countries that export or import Construction equipment, not self-propelled nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Construction equipment, not self-propelled nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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