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Pricing

Vehicles; with only electric motor for propulsion

870460 (Harmonized System 2022 for 6-digit)

2023
World Trade $5.62BRnk 671 / 5606
2023
Top Exporter | Top Importer $1.3B | $666MFrance | Canada
2023
Product Complexity 0.88Rnk 1143 / 5606
2022 - 2023
Export Growth (CAGR) 76.7%Rnk 87 / 5606
2023
Share of World Trade 0.025%Rnk 671 / 5606

About

Overview This page contains the latest trade data of Electric trucks. In 2023, Electric trucks were the world's 671st most traded product, with a total trade of $5.62B. Between 2022 and 2023 the exports of Electric trucks grew by 76.7%, from $3.18B to $5.62B. Trade in Electric trucks represent 0.025% of total world trade.

Electric trucks are a part of Delivery Trucks.

Exports In 2023 the top exporters of Electric trucks  were France ($1.3B), China ($869M), United States ($839M), Germany ($649M), and Turkey ($628M).

Imports In 2023 the top importers of Electric trucks were Canada ($666M), United Kingdom ($639M), Belgium ($515M), Norway ($443M), and Germany ($437M).

Ranking Electric trucks ranks 1143rd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Electric trucks. Countries are shown based on data availability.

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

Explore Latest Trends

* 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

Year
Top Origin (2023)France$1.3B
Top Destination (2023)Canada$666M

In 2023 Electric trucks were the world's 671st most traded product (out of 5,606).

In 2023, the top exporters of Electric trucks were France ($1.3B), China ($869M), United States ($839M), Germany ($649M), and Turkey ($628M).

In 2023, the top importers of Electric trucks were Canada ($666M), United Kingdom ($639M), Belgium ($515M), Norway ($443M), and Germany ($437M).

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Exporters of Electric trucks (2023)
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Importers of Electric trucks (2023)
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Market Dynamics

Starting
Ending
Color
Top Origin Growth (2022 -  2023)United States$516M
Top Destination Growth (2022 -  2023)Canada$383M

Between 2022 and 2023, the exports of Electric trucks grew the fastest in United States ($516M), France ($474M), Germany ($467M), China ($262M), and Turkey ($159M).

Between 2022 and 2023, the fastest growing importers of Electric trucks were Canada ($383M), France ($224M), Germany ($215M), United States ($192M), and Belgium ($163M).

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Exporters of Electric trucks (2022 - 2023)

Importers of Electric trucks (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric trucks.

In 2023, market concentration measured using Shannon Entropy, was 3.32. This means that most of the exports of Electric trucks are explained by 9 countries.

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Value of Exports in Electric trucks

Net Trade

Year
TOP NET EXPORTER (2023)France$953M
TOP NET IMPORTER (2023)United Kingdom$551M

This map shows which countries export or import more of Electric trucks. Each country is colored based on the difference in exports and imports of Electric trucks during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electric trucks were France ($953M), China ($867M), United States ($611M), Turkey ($601M), and Spain ($263M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric trucks were United Kingdom ($551M), Canada ($501M), Norway ($434M), Belgium ($323M), and Netherlands ($245M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Electric trucks by percentage of total exports

Product Complexity

Diversification Frontier

Specialization
Year

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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