Diesel powered trucks weighing > 20 tonnes870423 (Harmonized System 1992 for 6-digit)
World Trade (2018): $17.5B, Rnk 159 / 4726
Top Exporter (2018): $3.85B, Germany
Top Importer (2018): $1.63B, United States
Product Complexity (2018): 0.64, Rnk 832 / 2722
Export Growth (CAGR)(2017 - 2018): 7.31%, Rnk 3051 / 4726
Mean Tariff (2018): 11.4%, Rnk 1888 / 6538
Share of World Trade (2018): 0.095%, Rnk 159 / 4726
Overview: This page contains the latest trade data of Diesel powered trucks weighing > 20 tonnes. In 2018, Diesel powered trucks weighing > 20 tonnes were the world's 159th most traded product, with a total trade of $17.5B. Between 2017 and 2018 the exports of Diesel powered trucks weighing > 20 tonnes grew by 7.31%, from $16.3B to $17.5B. Trade in Diesel powered trucks weighing > 20 tonnes represent 0.095% of total world trade.
Exports: In 2018 the top exporters of Diesel powered trucks weighing > 20 tonnes were Germany ($3.85B), Netherlands ($1.74B), Sweden ($1.67B), Mexico ($1.27B), and China ($1.15B).
Imports: In 2018 the top importers of Diesel powered trucks weighing > 20 tonnes were United States ($1.63B), Germany ($1.34B), Canada ($1.15B), France ($837M), and Russia ($712M).
Tariffs: In 2018 the average tariff for Diesel powered trucks weighing > 20 tonnes was 11.4%, been the 1888 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Diesel powered trucks weighing > 20 tonnes are Thailand (38.1%), Maldives (35%), Bermuda (35%), and Brazil (34%). The countries with the lowest tariffs are Madagascar (0%), Mauritius (0%), Rwanda (0%), Uganda (0%), and Hong Kong (0%).
Ranking: Diesel powered trucks weighing > 20 tonnes ranks 832nd in the Product Complexity Index (PCI).
Trade By Country
Top Origin (2018): Germany, $3.85B
Top Destination (2018): United States, $1.63B
Diesel powered trucks weighing > 20 tonnes are the world's 159th most traded product.
In 2018, the top exporters of Diesel powered trucks weighing > 20 tonnes were Germany ($3.85B), Netherlands ($1.74B), Sweden ($1.67B), Mexico ($1.27B), and China ($1.15B).
In 2018, the top importers of Diesel powered trucks weighing > 20 tonnes were United States ($1.63B), Germany ($1.34B), Canada ($1.15B), France ($837M), and Russia ($712M).
Trade by country
Top Origin Growth (2017 - 2018): United States, $249M
Top Destination Growth (2017 - 2018): China, $367M
Between 2017 and 2018, the exports of Diesel powered trucks weighing > 20 tonnes grew the fastest in United States ($249M), Japan ($236M), Germany ($219M), Netherlands ($183M), and Mexico ($157M).
Between 2017 and 2018, the fastest growing importers of Diesel powered trucks weighing > 20 tonnes were China ($367M), Australia ($328M), France ($252M), United States ($250M), and Canada ($213M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Diesel powered trucks weighing > 20 tonnes.
In 2018, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Diesel powered trucks weighing > 20 tonnes are explained by 16 countries.
This map shows which countries export or import more of Diesel powered trucks weighing > 20 tonnes. Each country is colored based on the difference in exports and imports of Diesel powered trucks weighing > 20 tonnes during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Diesel powered trucks weighing > 20 tonnes were Germany ($2.51B), Sweden ($1.47B), Netherlands ($1.41B), Mexico ($1.18B), and Japan ($967M).
In 2018, the countries that had a largest trade value in imports than in exports of Diesel powered trucks weighing > 20 tonnes were Australia ($673M), Russia ($625M), Canada ($562M), United States ($516M), and Indonesia ($420M).
In 2018, the average tariff for importing Diesel powered trucks weighing > 20 tonnes was 11.4%. The countries with the highest tariffs for importing Diesel powered trucks weighing > 20 tonnes were Thailand (38.1%), Maldives (35%), Bermuda (35%), and Brazil (34%).
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.
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