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Pricing

Works trucks, self-propelled, (not fitted with lifting or handling equipment), for factories, warehouses etc, for short distance transport of goods, tractors used on railway station platforms; parts thereof

8709 (Harmonized System 1992 for 4-digit)

2023
World Trade $2.1BRnk 753 / 1217
2023
Top Exporter | Top Importer $300M | $387MGermany | United States
2023
Product Complexity 0.8Rnk 249 / 1044
2022 - 2023
Export Growth (CAGR) 31.4%Rnk 33 / 1217
2023
Share of World Trade 0.0093%Rnk 753 / 1217

About

Overview This page contains the latest trade data of Work Trucks. In 2023, Work Trucks were the world's 753rd most traded product, with a total trade of $2.1B. Between 2022 and 2023 the exports of Work Trucks grew by 31.4%, from $1.6B to $2.1B. Trade in Work Trucks represent 0.0093% of total world trade.

Work Trucks are a part of Cars, tractors, trucks & parts thereof.. They include Work trucks except electrically powered, Work truck parts, and Work trucks, electrically powered.

Exports In 2023 the top exporters of Work Trucks  were Germany ($300M), United States ($292M), China ($253M), Saudi Arabia ($148M), and France ($143M).

Imports In 2023 the top importers of Work Trucks were United States ($387M), United Kingdom ($171M), Australia ($128M), Netherlands ($109M), and United Arab Emirates ($107M).

Ranking Work Trucks ranks 249th in the Product Complexity Index (PCI).

Description Works trucks are used to transport goods from one place to another. They can be self-propelled, or they can be pulled by a tractor. Works trucks are often used in factories, warehouses, and dock areas.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Work 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.

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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)Germany$300M
Top Destination (2023)United States$387M

In 2023 Work Trucks were the world's 753rd most traded product (out of 1,217).

In 2023, the top exporters of Work Trucks were Germany ($300M), United States ($292M), China ($253M), Saudi Arabia ($148M), and France ($143M).

In 2023, the top importers of Work Trucks were United States ($387M), United Kingdom ($171M), Australia ($128M), Netherlands ($109M), and United Arab Emirates ($107M).

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Exporters of Work Trucks (2023)
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Importers of Work Trucks (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$118M
Top Destination Growth (2022 -  2023)Australia$88M

Between 2022 and 2023, the exports of Work Trucks grew the fastest in United States ($118M), China ($90.6M), Germany ($62.6M), France ($46.5M), and Saudi Arabia ($39.3M).

Between 2022 and 2023, the fastest growing importers of Work Trucks were Australia ($88M), United Kingdom ($49.6M), United States ($32.2M), India ($31M), and Canada ($27.7M).

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Exporters of Work Trucks (2022 - 2023)

Importers of Work Trucks (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Work Trucks.

In 2023, market concentration measured using Shannon Entropy, was 4.36. This means that most of the exports of Work Trucks are explained by 20 countries.

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Value of Exports in Work Trucks

Net Trade

TOP NET EXPORTER (2023)Germany$229M
TOP NET IMPORTER (2023)United Kingdom$128M

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

In 2023, the countries that had a largest trade value in exports than in imports of Work Trucks were Germany ($229M), China ($188M), Saudi Arabia ($117M), Italy ($91.6M), and France ($87.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Work Trucks were United Kingdom ($128M), Australia ($110M), United States ($94.7M), United Arab Emirates ($76.3M), and Canada ($43.5M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Work Trucks, disaggragated by their HS6 level were Work trucks except electrically powered ($937M), Work truck parts ($620M), and Work trucks, electrically powered ($541M)

HS6 Disaggregation for Work Trucks (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Work Trucks by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALGermany+ $2.16M
TOP IMPORT POTENTIALCanada+ $6.84M

Work Trucks’s highest export potential is Germany. With an export gap of $2.16M.  Work Trucks’s highest import potential is Canada with an import gap of $6.84M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Work Trucks.

Country by Relatedness

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

Relative Relatedness by Country (2023)

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