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Pricing

2022
Exports $178MWorld Rnk 3 / 130
Flag Rnk 790 / 1216
2022
Destination $12.8M United States
2021 - 2022
FASTEST GROWING MARKET $12.8MUnited States
2022
PRODUCT COMPLEXITY IN Work Trucks0.63Rnk 306 / 1025
2022
Imports $30.4MWorld Rnk 11 / 208
Flag Rnk 860 / 1212
2022
Origin $1.44M Malaysia
2021 - 2022
FASTEST GROWING ORIGIN $1.44MSingapore
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $178M in Work Trucks, making it the 3rd largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 790th most exported product in China. The main destination of Work Trucks exports from China are: United States ($20.6M), Kyrgyzstan ($10.1M), Germany ($8M), Canada ($7.9M), and South Korea ($6.82M).

The fastest growing export markets for Work Trucks of China between 2021 and 2022 were United States ($12.8M), Kyrgyzstan ($10M), and Canada ($4.61M).

Imports In 2022, China imported $30.4M in Work Trucks, becoming the 11th largest importer of Work Trucks in the world. At the same year, Work Trucks was the 860th most imported product in China. China imports Work Trucks primarily from: Malaysia ($7.85M), Germany ($5.98M), France ($4.2M), Japan ($3.29M), and United States ($1.96M).

The fastest growing import markets in Work Trucks for China between 2021 and 2022 were Singapore ($1.44M), Japan ($952k), and United States ($731k).

COMPANIES In 2023, leading companies such as Walgreens (1) and Loblaws Supermarkets (1) were at the forefront of shipping Work Trucks from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Work Trucks exports accounted up to $26.9M and imports accounted up to $226k, resulting in a positive trade balance of $26.6M. Between October 2023 and October 2024 the exports of China's   Work Trucks have increased by $1.03M (3.99%) from $25.8M to $26.9M, while imports decreased by $-127k (-36.1%) from $353k to $226k.

Destinations In October 2024, Work Trucks were exported mostly to Cote d'Ivoire ($3.3M), Sri Lanka ($1.84M), Russia ($1.79M), Philippines ($1.36M), and United States ($1.36M), and were imported mostly from Japan ($154k), Germany ($36.8k), United States ($22.5k), Canada ($4.7k), and Italy ($3.34k).

Growth In October 2024, the increase in Work Trucks's year-by-year exports was explained primarily by an increase in exports to Uzbekistan ($1.35M or 772%), Italy ($740k or 109%), and Russia ($695k or 1.82k%). In October 2024, the decrease in Work Trucks's year-by-year imports was explained primarily by a decrease in imports from France ($-282k or -99.7%), Japan ($-248k or -96.8%), and Germany ($-3.77k or -7.63%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$1.03M(3.99%)
IMPORT GROWTH (October 2023 - October 2024)$-127k(-36.1%)
MAIN EXPORTER (October 2024)Shanghai Province$9.96M
MAIN DESTINATION (October 2024)Cote d'Ivoire$3.3M

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 (2022)$178M
IMPORTS (2022)$30.4M
NET TRADE (2022)$148M

In 2022, China exported $178M in Work Trucks. The main destinations of China exports on Work Trucks were United States ($20.6M), Kyrgyzstan ($10.1M), Germany ($8M), Canada ($7.9M), and South Korea ($6.82M).

In 2022, China imported $30.4M in Work Trucks, mainly from Malaysia ($7.85M), Germany ($5.98M), France ($4.2M), Japan ($3.29M), and United States ($1.96M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Work Trucks EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$12.8M (162%)
Kyrgyzstan$10M (11.9k%)
Canada$4.61M (140%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Work Trucks BY China WERE (2021 - 2022):
Singapore-$10.9M (-94.4%)
Japan-$2.48M (-35.8%)
Panama-$2.16M (-80.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Work Trucks were:
United States $291M
Germany $239M
In 2022, China's main importing competitors in Work Trucks were:
United States $311M
United Kingdom $93.7M
Netherlands $91.7M

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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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