HS Icon Large Construction Vehicles

Bulldozers, graders, levellers, scrapers, angledozers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers, self-propelled

8429 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Large Construction Vehicles. In 2021, Large Construction Vehicles were the world's 82nd most traded product, with a total trade of $54.8B. Between 2020 and 2021 the exports of Large Construction Vehicles grew by 39.5%, from $39.3B to $54.8B. Trade in Large Construction Vehicles represent 0.26% of total world trade.

Large Construction Vehicles are a part of Machinery, mechanical appliances, & parts. They include Shovels and excavators with revolving superstructure, Front end shovel loaders, Earth moving/road making equipment, self-propelled ne, Bulldozers and angledozers, crawler type, Tamping machines and road rollers, self- propelled, Graders and levellers, self-propelled, Bulldozers and angledozers, wheeled, and Scrapers, self-propelled.

Exports In 2021 the top exporters of Large Construction Vehicles  were Japan ($11.8B), China ($9.45B), United States ($4.46B), Germany ($4.04B), and South Korea ($3.92B).

Imports In 2021 the top importers of Large Construction Vehicles were United States ($7.98B), Canada ($2.99B), Germany ($2.83B), Russia ($2.57B), and Australia ($2.37B).

Tariffs In 2018 the average tariff for Large Construction Vehicles was 4.62%, making it the 898th lowest tariff using the HS4 product classification.

Ranking Large Construction Vehicles ranks 131st in the Product Complexity Index (PCI).

Description Self-propelled bulldozers are used to build roads, dig ditches, and other construction projects. They can be made from a variety of materials, including steel, aluminum, and plastic.

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Large Construction Vehicles. Countries are shown based on data availability.

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

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Historical Data

#permalink to section

Exporters and Importers

#permalink to section

Trade By Country

Top Origin (2021): Japan, $11.8B

Top Destination (2021): United States, $7.98B

Large Construction Vehicles are the world's 82nd most traded product.

In 2021, the top exporters of Large Construction Vehicles were Japan ($11.8B), China ($9.45B), United States ($4.46B), Germany ($4.04B), and South Korea ($3.92B).

In 2021, the top importers of Large Construction Vehicles were United States ($7.98B), Canada ($2.99B), Germany ($2.83B), Russia ($2.57B), and Australia ($2.37B).

Explore Visualizations

Market Dynamics

#permalink to section

Trade by country

Color

Top Origin Growth (2020 -  2021): China, $4.36B

Top Destination Growth (2020 -  2021): United States, $2.22B

Between 2020 and 2021, the exports of Large Construction Vehicles grew the fastest in China ($4.36B), Japan ($3.53B), South Korea ($927M), Brazil ($895M), and Germany ($797M).

Between 2020 and 2021, the fastest growing importers of Large Construction Vehicles were United States ($2.22B), Russia ($1.27B), Indonesia ($1.12B), Canada ($849M), and United Kingdom ($761M).

Explore Visualizations

Market Concentration

#permalink to section

Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Large Construction Vehicles.

In 2021, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Large Construction Vehicles are explained by 15 countries.

Explore Visualizations

TOP NET EXPORTER (2021): Japan, $11.6B

TOP NET IMPORTER (2021): United States, $3.52B

This map shows which countries export or import more of Large Construction Vehicles. Each country is colored based on the difference in exports and imports of Large Construction Vehicles during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Large Construction Vehicles were Japan ($11.6B), China ($8.93B), South Korea ($3.7B), Brazil ($1.87B), and Germany ($1.21B).

In 2021, the countries that had a largest trade value in imports than in exports of Large Construction Vehicles were United States ($3.52B), Canada ($2.86B), Russia ($2.46B), Australia ($2.28B), and Indonesia ($1.21B).

Disaggregation

#permalink to section
Value

In 2021, the world most traded Large Construction Vehicles, disaggragated by their HS6 level were Shovels and excavators with revolving superstructure ($28.3B), Front end shovel loaders ($13.5B), Bulldozers and angledozers, crawler type ($4.07B), Earth moving/road making equipment, self-propelled ne ($3.93B), and Tamping machines and road rollers, self-... ($2.26B)

Country Comparison

#permalink to section
Flow
Measure
Ranking

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

Product Complexity

#permalink to section

Diversification Frontier

#permalink to section
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.

Country by Relatedness

#permalink to section

The following visualization shows the relatedness of Large Construction Vehicles to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.