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843050 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.18BRnk 1927 / 4644
2023
Top Exporter | Top Importer $352M | $175MChina | United States
2023
Product Complexity -0.036Rnk 2606 / 4656
2022 - 2023
Export Growth (CAGR) 9.67%Rnk 700 / 4644
2023
Share of World Trade 0.0052%Rnk 1927 / 4644

About

Overview This page contains the latest trade data of Construction equipment, self-propelled nes. In 2023, Construction equipment, self-propelled nes were the world's 1927th most traded product, with a total trade of $1.18B. Between 2022 and 2023 the exports of Construction equipment, self-propelled nes grew by 9.67%, from $1.08B to $1.18B. Trade in Construction equipment, self-propelled nes represent 0.0052% of total world trade.

Construction equipment, self-propelled nes are a part of Other Construction Vehicles.

Exports In 2023 the top exporters of Construction equipment, self-propelled nes  were China ($352M), Germany ($225M), Italy ($82M), Poland ($80.4M), and United States ($79.1M).

Imports In 2023 the top importers of Construction equipment, self-propelled nes were United States ($175M), Russia ($163M), India ($56.4M), France ($53.6M), and Brazil ($47.7M).

Ranking Construction equipment, self-propelled nes ranks 2606th in the Product Complexity Index (PCI).

Description Construction equipment includes bulldozers, excavators, and backhoes. These are used to move and dig earth, and to mix and move concrete. Self-propelled construction equipment has a motor and is driven by the operator.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Construction equipment, 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$352M
Top Destination (2023)United States$175M

In 2023 Construction equipment, self-propelled nes were the world's 1927th most traded product (out of 4,644).

In 2023, the top exporters of Construction equipment, self-propelled nes were China ($352M), Germany ($225M), Italy ($82M), Poland ($80.4M), and United States ($79.1M).

In 2023, the top importers of Construction equipment, self-propelled nes were United States ($175M), Russia ($163M), India ($56.4M), France ($53.6M), and Brazil ($47.7M).

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Exporters of Construction equipment, self-propelled nes (2023)
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Importers of Construction equipment, self-propelled nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$128M
Top Destination Growth (2022 -  2023)Russia$108M

Between 2022 and 2023, the exports of Construction equipment, self-propelled nes grew the fastest in China ($128M), Poland ($67.2M), Germany ($11.4M), United States ($10.8M), and India ($4.29M).

Between 2022 and 2023, the fastest growing importers of Construction equipment, self-propelled nes were Russia ($108M), United States ($53.7M), Oman ($17.5M), Brazil ($17.4M), and Guinea ($11.4M).

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Exporters of Construction equipment, self-propelled nes (2022 - 2023)

Importers of Construction equipment, self-propelled nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Construction equipment, self-propelled nes.

In 2023, market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Construction equipment, self-propelled nes are explained by 12 countries.

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Value of Exports in Construction equipment, self-propelled nes

Net Trade

TOP NET EXPORTER (2023)China$335M
TOP NET IMPORTER (2023)Russia$161M

This map shows which countries export or import more of Construction equipment, self-propelled nes. Each country is colored based on the difference in exports and imports of Construction equipment, self-propelled nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Construction equipment, self-propelled nes were China ($335M), Germany ($208M), Italy ($74.9M), Poland ($67.6M), and Finland ($42.2M).

In 2023, the countries that had a largest trade value in imports than in exports of Construction equipment, self-propelled nes were Russia ($161M), United States ($95.8M), Brazil ($47.6M), France ($35.9M), and India ($34.6M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Construction equipment, self-propelled nes.
It is possible to select the main countries that export or import Construction equipment, self-propelled nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Construction equipment, 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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