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870990 (Harmonized System 1992 for 6-digit)

2022
World Trade $421MRnk 3097 / 4648
2022
Top Exporter | Top Importer $55.3M | $83.6MUnited States | United States
2022
Product Complexity 0.44Rnk 1730 / 4653
2021 - 2022
Export Growth (CAGR) 3.4%Rnk 2466 / 4648
2022
Share of World Trade 0.0018%Rnk 3097 / 4648

About

Overview This page contains the latest trade data of Work truck parts. In 2022, Work truck parts were the world's 3097th most traded product, with a total trade of $421M. Between 2021 and 2022 the exports of Work truck parts grew by 3.4%, from $408M to $421M. Trade in Work truck parts represent 0.0018% of total world trade.

Work truck parts are a part of Work Trucks.

Exports In 2022 the top exporters of Work truck parts  were United States ($55.3M), Malaysia ($33.6M), China ($30.1M), Netherlands ($24.5M), and France ($23.5M).

Imports In 2022 the top importers of Work truck parts were United States ($83.6M), Germany ($33.2M), France ($27.8M), Canada ($19.1M), and Netherlands ($18.4M).

Ranking Work truck parts ranks 1730th in the Product Complexity Index (PCI).

Description Many work truck parts, such as the brakes, are in constant use as they are responsible for the vehicle's stopping power. The transmission is responsible for the vehicle's power to go. The differential is responsible for distributing the power to the wheels, which can be useful in difficult terrain. The suspension is responsible for keeping the truck level, which is very important when carrying heavy loads.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Work truck parts. 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)United States$55.3M
Top Destination (2022)United States$83.6M

In 2022 Work truck parts were the world's 3097th most traded product (out of 4,648).

In 2022, the top exporters of Work truck parts were United States ($55.3M), Malaysia ($33.6M), China ($30.1M), Netherlands ($24.5M), and France ($23.5M).

In 2022, the top importers of Work truck parts were United States ($83.6M), Germany ($33.2M), France ($27.8M), Canada ($19.1M), and Netherlands ($18.4M).

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Exporters of Work truck parts (2022)
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Importers of Work truck parts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$17.1M
Top Destination Growth (2021 -  2022)United States$32.5M

Between 2021 and 2022, the exports of Work truck parts grew the fastest in China ($17.1M), United States ($14.7M), Germany ($10.5M), Malaysia ($10.2M), and India ($8.29M).

Between 2021 and 2022, the fastest growing importers of Work truck parts were United States ($32.5M), Kyrgyzstan ($10.1M), Canada ($7.12M), United Kingdom ($7.1M), and Qatar ($6.7M).

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Exporters of Work truck parts (2021 - 2022)

Importers of Work truck parts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Work truck parts.

In 2022, market concentration measured using Shannon Entropy, was 4.85. This means that most of the exports of Work truck parts are explained by 28 countries.

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Value of Exports in Work truck parts

Net Trade

TOP NET EXPORTER (2022)Malaysia$32.2M
TOP NET IMPORTER (2022)United States$28.3M

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

In 2022, the countries that had a largest trade value in exports than in imports of Work truck parts were Malaysia ($32.2M), India ($15.3M), Australia ($14.4M), Chinese Taipei ($12.5M), and China ($12.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Work truck parts were United States ($28.3M), Germany ($11M), Qatar ($9.71M), Canada ($9.11M), and Sweden ($4.69M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Work truck parts 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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