HS Icon Work Trucks

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)

Overview This page contains the latest trade data of Work Trucks. In 2021, Work Trucks were the world's 862nd most traded product, with a total trade of $1.39B. Between 2020 and 2021 the exports of Work Trucks decreased by -5.22%, from $1.46B to $1.39B. Trade in Work Trucks represent 0.0066% 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 2021 the top exporters of Work Trucks  were United States ($232M), Germany ($227M), China ($122M), Italy ($83.7M), and France ($81.3M).

Imports In 2021 the top importers of Work Trucks were United States ($212M), Germany ($83.2M), Netherlands ($82.4M), China ($81.2M), and Australia ($78.6M).

Tariffs In 2018 the average tariff for Work Trucks was 7.07%, making it the 618th lowest tariff using the HS4 product classification.

Ranking Work Trucks ranks 317th 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.

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Y-AXIS SCALE

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.

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

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): United States, $232M

Top Destination (2021): United States, $212M

Work Trucks are the world's 862nd most traded product.

In 2021, the top exporters of Work Trucks were United States ($232M), Germany ($227M), China ($122M), Italy ($83.7M), and France ($81.3M).

In 2021, the top importers of Work Trucks were United States ($212M), Germany ($83.2M), Netherlands ($82.4M), China ($81.2M), and Australia ($78.6M).

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Market Dynamics

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Trade by country

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Top Origin Growth (2020 -  2021): Germany, $62M

Top Destination Growth (2020 -  2021): Australia, $42.1M

Between 2020 and 2021, the exports of Work Trucks grew the fastest in Germany ($62M), United States ($50.1M), Italy ($15.3M), Singapore ($13.6M), and Mexico ($12.1M).

Between 2020 and 2021, the fastest growing importers of Work Trucks were Australia ($42.1M), China ($17.9M), Hong Kong ($11.4M), United Kingdom ($9.77M), and Switzerland ($8.26M).

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Market Concentration

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Cumulative market share

Value

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

In 2021, market concentration measured using Shannon Entropy, was 4.43. This means that most of the exports of Work Trucks are explained by 21 countries.

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TOP NET EXPORTER (2021): Germany, $144M

TOP NET IMPORTER (2021): Australia, $59.7M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Work Trucks were Germany ($144M), Italy ($61.7M), China ($40.9M), Saudi Arabia ($35.5M), and Chinese Taipei ($29M).

In 2021, the countries that had a largest trade value in imports than in exports of Work Trucks were Australia ($59.7M), Russia ($29.9M), Hong Kong ($28.2M), Indonesia ($23.6M), and Singapore ($21M).

Disaggregation

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Value

In 2021, the world most traded Work Trucks, disaggragated by their HS6 level were Work trucks except electrically powered ($674M), Work truck parts ($405M), and Work trucks, electrically powered ($309M)

Country Comparison

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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.

Product Complexity

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Diversification Frontier

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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

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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.