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2023
Exports $2.95BWorld Rnk 1 / 172
Flag Rnk 202 / 1215
2023
Destination $233M Russia
2022 - 2023
FASTEST GROWING MARKET $233MRussia
2023
PRODUCT COMPLEXITY IN Other Construction Vehicles-0.81Rnk 784 / 1025
2023
Imports $245MWorld Rnk 12 / 217
Flag Rnk 469 / 1214
2023
Origin $19.6M Austria
2022 - 2023
FASTEST GROWING ORIGIN $19.6MAustria
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.95B in Other Construction Vehicles, making it the 1st largest exporter of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 202nd most exported product in China. The main destination of Other Construction Vehicles exports from China are: Russia ($488M), Kuwait ($217M), United States ($170M), India ($150M), and United Arab Emirates ($121M).

The fastest growing export markets for Other Construction Vehicles of China between 2022 and 2023 were Russia ($233M), Kuwait ($196M), and United Arab Emirates ($95.1M).

Imports In 2023, China imported $245M in Other Construction Vehicles, becoming the 12th largest importer of Other Construction Vehicles in the world. At the same year, Other Construction Vehicles was the 469th most imported product in China. China imports Other Construction Vehicles primarily from: Austria ($80.2M), Sweden ($34M), Germany ($24.4M), Singapore ($15.1M), and Finland ($12.6M).

The fastest growing import markets in Other Construction Vehicles for China between 2022 and 2023 were Austria ($19.6M), Singapore ($11.3M), and Malaysia ($9.41M).

COMPANIES In 2024, leading companies such as Volvo (15), Robert Bosch (9), and Stanley Black & Decker (5) were at the forefront of shipping Other Construction Vehicles from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Other Construction Vehicles exports accounted up to $356M and imports accounted up to $10.4M, resulting in a positive trade balance of $346M. Between December 2023 and December 2024 the exports of China's   Other Construction Vehicles have increased by $121M (51.7%) from $235M to $356M, while imports decreased by $-3.03M (-22.6%) from $13.4M to $10.4M.

Destinations In December 2024, Other Construction Vehicles were exported mostly to Libya ($48.3M), Russia ($44.8M), Kuwait ($38.6M), Italy ($23.7M), and Indonesia ($18.7M), and were imported mostly from Austria ($3.51M), Italy ($2.13M), China ($1.62M), Finland ($1.44M), and Germany ($723k).

Growth In December 2024, the increase in Other Construction Vehicles's year-by-year exports was explained primarily by an increase in exports to United Arab Emirates ($81.8M or 5.97k%), Indonesia ($23.6M or 544%), and Italy ($19.6M or 17.1k%). In December 2024, the decrease in Other Construction Vehicles's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$121M(51.7%)
IMPORT GROWTH (December 2023 - December 2024)$-3.03M(-22.6%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Libya$48.3M

This section shows Other Construction Vehicles's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Other Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.95B
IMPORTS (2023)$245M
NET TRADE (2023)$2.7B

In 2023, China exported $2.95B in Other Construction Vehicles. The main destinations of China exports on Other Construction Vehicles were Russia ($488M), Kuwait ($217M), United States ($170M), India ($150M), and United Arab Emirates ($121M).

In 2023, China imported $245M in Other Construction Vehicles, mainly from Austria ($80.2M), Sweden ($34M), Germany ($24.4M), Singapore ($15.1M), and Finland ($12.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Construction Vehicles EXPORT MARKETS FOR China WERE (2022 - 2023):
Russia$233M (91.3%)
Kuwait$196M (925%)
United Arab Emirates$95.1M (362%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Construction Vehicles BY China WERE (2022 - 2023):
India-$139M (-48.1%)
Colombia-$42.1M (-72.6%)
United States-$30.2M (-15.1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Other Construction Vehicles were:
United States $1.51B
Germany $1.45B
In 2023, China's main importing competitors in Other Construction Vehicles were:
United States $1.73B
Saudi Arabia $795M
Canada $783M

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Trade Value of Other Construction Vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $87M
TOP IMPORT POTENTIALGermany+ $11.3M

Other Construction Vehicles’s highest export potential is India. With an export gap of $87M.   Other Construction Vehicles’s highest import potential is Germany with an import gap of $11.3M.

See methodology.

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