Large Construction Vehicles2012 World Trade: $56.7B, Rnk 752 / 30980
2012 Top Exporter | Top Importer: $192B | $109B, Japan | United States
2019 Product Complexity: 0.55, Rnk 321 / 961
2018 - 2012 Export Growth (CAGR): -6.2%, Rnk 801 / 1217
2018 Mean Tariff: 4.62%, Rnk 898 / 1259
2012 Share of World Trade: 0.019%, Rnk 752 / 30980
Overview This page contains the latest trade data of Large Construction Vehicles. In 2012, Large Construction Vehicles were the world's 752nd most traded product, with a total trade of $56.7B. Between 2018 and 2012 the exports of Large Construction Vehicles decreased by -6.2%, from $50.2B to $56.7B. Trade in Large Construction Vehicles represent 0.019% of total world trade.
Exports In 2012 the top exporters of Large Construction Vehicles were Japan ($192B), United States ($109B), Germany ($67.4B), South Korea ($59.7B), and United Kingdom ($54.8B).
Imports In 2012 the top importers of Large Construction Vehicles were United States ($109B), Canada ($54.6B), Germany ($37.2B), France ($30.6B), and Australia ($29.2B).
Tariffs In 2018 the average tariff for Large Construction Vehicles was 4.62%, making it the 898th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Large Construction Vehicles are Maldives (50%), Bahamas (40.2%), and Bermuda (35%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking Large Construction Vehicles ranks 321st in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Large Construction Vehicles. 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 October 2021 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (N/A): Japan, $192B
Top Destination (N/A): United States, $109B
Large Construction Vehicles are the world's 752nd most traded product.
In 2012, the top exporters of Large Construction Vehicles were Japan ($192B), United States ($109B), Germany ($67.4B), South Korea ($59.7B), and United Kingdom ($54.8B).
In 2012, the top importers of Large Construction Vehicles were United States ($109B), Canada ($54.6B), Germany ($37.2B), France ($30.6B), and Australia ($29.2B).
Trade by country
Top Origin Growth (2018 - 2019): Belgium, $237M
Top Destination Growth (2018 - 2019): United States, $1.06B
Between 2018 and 2019, the exports of Large Construction Vehicles grew the fastest in Belgium ($237M), France ($156M), Turkey ($156M), Brazil ($118M), and Czechia ($61.9M).
Between 2018 and 2019, the fastest growing importers of Large Construction Vehicles were United States ($1.06B), Saudi Arabia ($212M), Belgium ($190M), Italy ($134M), and Germany ($134M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Large Construction Vehicles.
In 2012, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Large Construction Vehicles are explained by 17 countries.
This map shows which countries export or import more of Large Construction Vehicles. Each country is colored based on the difference in exports and imports of Large Construction Vehicles during 2012.
In N/A, the countries that had a largest trade value in exports than in imports of Large Construction Vehicles were Japan ($189B), South Korea ($56.8B), Germany ($30.1B), United Kingdom ($27.7B), and China ($23.7B).
In N/A, the countries that had a largest trade value in imports than in exports of Large Construction Vehicles were Canada ($48.5B), Australia ($26.1B), Russia ($24.3B), Indonesia ($13.4B), and Mexico ($12.7B).
In 2019, the world most traded Large Construction Vehicles, disaggragated by their HS6 level were Shovels and excavators with revolving superstructure ($23.6B), Front end shovel loaders ($11.8B), Bulldozers and angledozers, crawler type ($3.83B), Earth moving/road making equipment, self-propelled ne ($3.32B), and Tamping machines and road rollers, self-... ($2.02B)
This visualization shows the countries that have an important ratio of their trade related to Large Construction Vehicles. It is possible to select the main countries that export or import Large Construction Vehicles in the world, or by continent, as well as select the measure of interest.
In 2018, the average tariff for importing Large Construction Vehicles was 4.62%. The countries with the highest tariffs for importing Large Construction Vehicles were Maldives (50%), Bahamas (40.2%), and Bermuda (35%).
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.