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2023
Exports $253MWorld Rnk 3 / 135
Flag Rnk 706 / 1215
2023
Destination $19.8M United States
2022 - 2023
FASTEST GROWING MARKET $19.8MIndia
2023
PRODUCT COMPLEXITY IN Work Trucks0.67Rnk 298 / 1025
2023
Imports $64.6MWorld Rnk 8 / 211
Flag Rnk 720 / 1214
2023
Origin $18.9M Saudi Arabia
2022 - 2023
FASTEST GROWING ORIGIN $18.9MSaudi Arabia
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $253M in Work Trucks, making it the 3rd largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 706th most exported product in China. The main destination of Work Trucks exports from China are: United States ($32.3M), India ($29.1M), United Kingdom ($20.8M), Brazil ($14M), and Thailand ($12.1M).

The fastest growing export markets for Work Trucks of China between 2022 and 2023 were India ($19.8M), United Kingdom ($13.9M), and United States ($10.9M).

Imports In 2023, China imported $64.6M in Work Trucks, becoming the 8th largest importer of Work Trucks in the world. At the same year, Work Trucks was the 720th most imported product in China. China imports Work Trucks primarily from: Saudi Arabia ($36.4M), Germany ($11.2M), Malaysia ($9.54M), France ($2.03M), and Japan ($1.42M).

The fastest growing import markets in Work Trucks for China between 2022 and 2023 were Saudi Arabia ($18.9M), Germany ($5.13M), and Malaysia ($1.62M).

COMPANIES In 2024, leading companies such as Konecranes (2), Trumpf (1), and Stanley Black & Decker (1) were at the forefront of shipping Work Trucks from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Work Trucks exports accounted up to $43.5M and imports accounted up to $349k, resulting in a positive trade balance of $43.2M. Between December 2023 and December 2024 the exports of China's   Work Trucks have increased by $22.2M (104%) from $21.4M to $43.5M, while imports increased by $228k (188%) from $121k to $349k.

Destinations In December 2024, Work Trucks were exported mostly to United Arab Emirates ($8.69M), Sri Lanka ($5.46M), Russia ($3.43M), Croatia ($3.21M), and South Korea ($1.6M), and were imported mostly from Germany ($237k), Netherlands ($62k), United States ($26k), Canada ($4.65k), and India ($4.64k).

Growth In December 2024, the increase in Work Trucks's year-by-year exports was explained primarily by an increase in exports to United States ($2.46M or 141%), Turkey ($831k or 872%), and Singapore ($643k or 1.09k%). In December 2024, the increase in Work Trucks's year-by-year imports was explained primarily by an increase in imports from France ($69.8k or 8.5k%), Italy ($36.1k or 423%), and United States ($19.5k or 26.5%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$22.2M(104%)
IMPORT GROWTH (December 2023 - December 2024)$228k(188%)
MAIN EXPORTER (December 2024)Guangdong Province$15.6M
MAIN DESTINATION (December 2024)United Arab Emirates$8.69M

This section shows Work Trucks'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 Work Trucks over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$253M
IMPORTS (2023)$64.6M
NET TRADE (2023)$188M

In 2023, China exported $253M in Work Trucks. The main destinations of China exports on Work Trucks were United States ($32.3M), India ($29.1M), United Kingdom ($20.8M), Brazil ($14M), and Thailand ($12.1M).

In 2023, China imported $64.6M in Work Trucks, mainly from Saudi Arabia ($36.4M), Germany ($11.2M), Malaysia ($9.54M), France ($2.03M), and Japan ($1.42M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR China WERE (2022 - 2023):
India$19.8M (214%)
United Kingdom$13.9M (201%)
United States$10.9M (51.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY China WERE (2022 - 2023):
Chinese Taipei-$4.55M (-82.4%)
France-$4.3M (-63.7%)
Malaysia-$2.4M (-71.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Work Trucks were:
Germany $300M
United States $292M
In 2023, China's main importing competitors in Work Trucks were:
United States $387M
United Kingdom $171M
Australia $128M

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Trade Value of Work Trucks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.91M
TOP IMPORT POTENTIALGermany+ $1.91M

Work Trucks’s highest export potential is United States. With an export gap of $5.91M.   Work Trucks’s highest import potential is Germany with an import gap of $1.91M.

See methodology.

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