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842699 (Harmonized System 1992 for 6-digit)

2022
World Trade $702MRnk 2570 / 4648
2022
Top Exporter | Top Importer $78.3M | $39.6MChina | France
2022
Product Complexity 0.29Rnk 2028 / 4653
2021 - 2022
Export Growth (CAGR) -11.6%Rnk 4039 / 4648
2022
Share of World Trade 0.003%Rnk 2570 / 4648

About

Overview This page contains the latest trade data of Cranes or derricks nes. In 2022, Cranes or derricks nes were the world's 2570th most traded product, with a total trade of $702M. Between 2021 and 2022 the exports of Cranes or derricks nes decreased by -11.6%, from $795M to $702M. Trade in Cranes or derricks nes represent 0.003% of total world trade.

Cranes or derricks nes are a part of Cranes.

Exports In 2022 the top exporters of Cranes or derricks nes  were China ($78.3M), Germany ($73.5M), Netherlands ($72.5M), Slovenia ($58.3M), and Italy ($45.7M).

Imports In 2022 the top importers of Cranes or derricks nes were France ($39.6M), United Kingdom ($38.5M), China ($37M), Germany ($36.8M), and United States ($34.8M).

Ranking Cranes or derricks nes ranks 2028th in the Product Complexity Index (PCI).

Description Cranes or derricks are commonly used for construction projects and heavy lifting. They are usually composed of a long horizontal base that is attached to a vertical tower that can be raised and lowered. The crane can be rotated around its vertical axis to allow the operator to maneuver the crane in the desired direction.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Cranes or derricks 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 (2022)China$78.3M
Top Destination (2022)France$39.6M

In 2022 Cranes or derricks nes were the world's 2570th most traded product (out of 4,648).

In 2022, the top exporters of Cranes or derricks nes were China ($78.3M), Germany ($73.5M), Netherlands ($72.5M), Slovenia ($58.3M), and Italy ($45.7M).

In 2022, the top importers of Cranes or derricks nes were France ($39.6M), United Kingdom ($38.5M), China ($37M), Germany ($36.8M), and United States ($34.8M).

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Exporters of Cranes or derricks nes (2022)
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Importers of Cranes or derricks nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Namibia$12.5M
Top Destination Growth (2021 -  2022)South Korea$14.9M

Between 2021 and 2022, the exports of Cranes or derricks nes grew the fastest in Namibia ($12.5M), Indonesia ($11M), Poland ($9.51M), Slovenia ($9.4M), and China ($7.98M).

Between 2021 and 2022, the fastest growing importers of Cranes or derricks nes were South Korea ($14.9M), Indonesia ($14.7M), South Africa ($11.7M), Germany ($8.97M), and Turkey ($7.67M).

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Exporters of Cranes or derricks nes (2021 - 2022)

Importers of Cranes or derricks nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cranes or derricks nes.

In 2022, market concentration measured using Shannon Entropy, was 4.7. This means that most of the exports of Cranes or derricks nes are explained by 25 countries.

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Value of Exports in Cranes or derricks nes

Net Trade

TOP NET EXPORTER (2022)Slovenia$57.3M
TOP NET IMPORTER (2022)France$26.8M

This map shows which countries export or import more of Cranes or derricks nes. Each country is colored based on the difference in exports and imports of Cranes or derricks nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Cranes or derricks nes were Slovenia ($57.3M), Netherlands ($45.4M), China ($41.4M), Italy ($37.1M), and Germany ($36.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Cranes or derricks nes were France ($26.8M), Japan ($16.1M), Chile ($14.7M), United States ($13.9M), and Mexico ($13M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Cranes or derricks 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 (2022)

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