HS Icon Delivery Trucks

8704 (Harmonized System 1992 for 4-digit)

World Trade (2018): $143B, Rnk 14 / 1225

Top Exporter (2018): $25B, Mexico

Top Importer (2018): $28.6B, United States

Product Complexity (2018): 0.56, Rnk 347 / 1018

Export Growth (CAGR)(2017 - 2018): 5.13%, Rnk 968 / 1225

Mean Tariff (2018): 13%, Rnk 273 / 1259

Share of World Trade (2018): 0.78%, Rnk 14 / 1225

Overview:  This page contains the latest trade data of Delivery Trucks. In 2018, Delivery Trucks were the world's 14th most traded product, with a total trade of $143B. Between 2017 and 2018 the exports of Delivery Trucks grew by 5.13%, from  $136B to $143B. Trade in Delivery Trucks represent 0.78% of total world trade.

Exports: In 2018 the top exporters of Delivery Trucks  were Mexico ($25B), United States ($15.3B), Germany ($12.5B), Thailand ($9.21B), and Japan ($9.08B).

Imports: In 2018 the top importers of Delivery Trucks were United States ($28.6B), Canada ($13.7B), Germany ($7.68B), Australia ($7.29B), and United Kingdom ($7.21B).

Tariffs: In 2018 the average tariff for Delivery Trucks was 13%, been the 273 lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Delivery Trucks are Iran (41.8%), Pakistan (35.6%), Thailand (34.7%), Maldives (33.5%), and Brazil (31.7%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Singapore (0%), and Switzerland (0%).

Ranking: Delivery Trucks ranks 347th in the Product Complexity Index (PCI).

Exporters and Importers

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Trade By Country

Top Origin (2018): Mexico, $25B

Top Destination (2018): United States, $28.6B

Delivery Trucks are the world's 14th most traded product.

In 2018, the top exporters of Delivery Trucks were Mexico ($25B), United States ($15.3B), Germany ($12.5B), Thailand ($9.21B), and Japan ($9.08B).

In 2018, the top importers of Delivery Trucks were United States ($28.6B), Canada ($13.7B), Germany ($7.68B), Australia ($7.29B), and United Kingdom ($7.21B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2017 -  2018): Canada, $2.09B

Top Destination Growth (2017 - 2018): United States, $1.89B

Between 2017 and 2018, the exports of Delivery Trucks grew the fastest in Canada ($2.09B), Poland ($1.58B), France ($929M), South Africa ($904M), and United Arab Emirates ($727M).

Between 2017 and 2018, the fastest growing importers of Delivery Trucks were United States ($1.89B), Germany ($1.73B), France ($961M), Brazil ($905M), and Indonesia ($660M).

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Market Concentration

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Cumulative market share

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

In 2018,  market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Delivery Trucks are explained by 20 countries.

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TOP NET EXPORTER (2018): Mexico, $22.8B

TOP NET IMPORTER (2018): United States, $13.3B

This map shows which countries export or import more of Delivery Trucks. Each country is colored based on the difference in exports and imports of Delivery Trucks during 2018.

In 2018, the countries that had a largest trade value in exports than in imports of Delivery Trucks were Mexico ($22.8B), Thailand ($9.08B), Japan ($8.83B), Germany ($4.85B), and Turkey ($4.52B).

In 2018, the countries that had a largest trade value in imports than in exports of Delivery Trucks were United States ($13.3B), Canada ($9.7B), Australia ($7.15B), United Kingdom ($5.01B), and Chile ($2.49B).

Trade Forecasts

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This section shows forecasts for total trade for Delivery Trucks. The forecast is based in a long short-term memory model or LSTM constructed using yearly trade data.

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Import Tariffs

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In 2018, the average tariff for importing Delivery Trucks was 13%.  The countries with the highest tariffs for importing Delivery Trucks were Iran (41.8%), Pakistan (35.6%), Thailand (34.7%), Maldives (33.5%), and Brazil (31.7%).

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Product Complexity

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Diversification Frontier

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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.