HS Icon Delivery Trucks

8704 (Harmonized System 1992 for 4-digit)

 2019
World Trade
: $142B, Rnk 15 / 1217

2019
Top Exporter | Top Importer
: $26.9B | $31.5B, Mexico | United States

2019
Product Complexity
: 0.41, Rnk 382 / 961

2018 - 2019
Export Growth (CAGR)
: -1.48%, Rnk 510 / 1217

2018
Mean Tariff
: 13%, Rnk 273 / 1259

 2019
Share of World Trade
: 0.78%, Rnk 15 / 1217

Overview:  This page contains the latest trade data of Delivery Trucks. In 2019, Delivery Trucks were the world's 15th most traded product, with a total trade of $142B. Between 2018 and 2019 the exports of Delivery Trucks decreased by -1.48%, from  $144B to $142B. Trade in Delivery Trucks represent 0.78% of total world trade.

Exports: In 2019 the top exporters of Delivery Trucks  were Mexico ($26.9B), United States ($17.5B), Germany ($11.5B), Japan ($8.45B), and France ($8.37B).

Imports: In 2019 the top importers of Delivery Trucks were United States ($31.5B), Canada ($15.3B), Germany ($7.84B), United Kingdom ($7.21B), and France ($6.76B).

Tariffs: In 2018 the average tariff for Delivery Trucks was 13%, making it the 273rd 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 382nd in the Product Complexity Index (PCI).

Description: Motor vehicles for the transport of goods are used to transport goods from one place to another. They can be made from a variety of materials, including steel, aluminum, and plastic.

Exporters and Importers

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Trade By Country

Top Origin (2019): Mexico, $26.9B

Top Destination (2019): United States, $31.5B

Delivery Trucks are the world's 15th most traded product.

In 2019, the top exporters of Delivery Trucks were Mexico ($26.9B), United States ($17.5B), Germany ($11.5B), Japan ($8.45B), and France ($8.37B).

In 2019, the top importers of Delivery Trucks were United States ($31.5B), Canada ($15.3B), Germany ($7.84B), United Kingdom ($7.21B), and France ($6.76B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $2.13B

Top Destination Growth (2018 - 2019): United States, $2.86B

Between 2018 and 2019, the exports of Delivery Trucks grew the fastest in United States ($2.13B), Mexico ($1.66B), Canada ($673M), Netherlands ($602M), and China ($282M).

Between 2018 and 2019, the fastest growing importers of Delivery Trucks were United States ($2.86B), Canada ($1.36B), Saudi Arabia ($491M), Iraq ($289M), and Cambodia ($172M).

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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 2019,  market concentration measured using Shannon Entropy, was 4.31. This means that most of the exports of Delivery Trucks are explained by 19 countries.

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TOP NET EXPORTER (2019): Mexico, $24.8B

TOP NET IMPORTER (2019): United States, $14B

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 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Delivery Trucks were Mexico ($24.8B), Japan ($8.09B), Thailand ($8.01B), Turkey ($4.43B), and Spain ($3.87B).

In 2019, the countries that had a largest trade value in imports than in exports of Delivery Trucks were United States ($14B), Canada ($10.6B), Australia ($5.68B), United Kingdom ($5.23B), and Chile ($1.89B).

Disaggregation

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Value

In 2019, the world most traded Delivery Trucks, disaggragated by their HS6 level were Diesel powered trucks weighing < 5... ($56.4B), Spark ignition engine trucks weighing <... ($37.6B), Diesel powered trucks weighing 5-20 tonnes ($19.3B), Diesel powered trucks weighing > 20... ($18.3B), and Dump trucks designed for off-highway use ($8.01B)

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.