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843069 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.06BRnk 2125 / 4648
2022
Top Exporter | Top Importer $112M | $274MChina | United States
2022
Product Complexity 0.36Rnk 1886 / 4653
2021 - 2022
Export Growth (CAGR) -4.97%Rnk 3565 / 4648
2022
Share of World Trade 0.0045%Rnk 2125 / 4648

About

Overview This page contains the latest trade data of Construction equipment, not self-propelled nes. In 2022, Construction equipment, not self-propelled nes were the world's 2125th most traded product, with a total trade of $1.06B. Between 2021 and 2022 the exports of Construction equipment, not self-propelled nes decreased by -4.97%, from $1.11B to $1.06B. Trade in Construction equipment, not self-propelled nes represent 0.0045% of total world trade.

Construction equipment, not self-propelled nes are a part of Other Construction Vehicles.

Exports In 2022 the top exporters of Construction equipment, not self-propelled nes  were China ($112M), South Korea ($109M), Canada ($95M), United States ($83.2M), and Finland ($74.2M).

Imports In 2022 the top importers of Construction equipment, not self-propelled nes were United States ($274M), Germany ($75M), Canada ($70.2M), Australia ($42.6M), and France ($34.3M).

Ranking Construction equipment, not self-propelled nes ranks 1886th in the Product Complexity Index (PCI).

Description Construction equipment is used in the construction process to create building, infrastructure, and more. Construction equipment is used when there is excavation, building, demolition, and other construction. Construction equipment is used to transport materials, mix concrete, and more.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Construction equipment, not self-propelled nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)China$112M
Top Destination (2022)United States$274M

In 2022 Construction equipment, not self-propelled nes were the world's 2125th most traded product (out of 4,648).

In 2022, the top exporters of Construction equipment, not self-propelled nes were China ($112M), South Korea ($109M), Canada ($95M), United States ($83.2M), and Finland ($74.2M).

In 2022, the top importers of Construction equipment, not self-propelled nes were United States ($274M), Germany ($75M), Canada ($70.2M), Australia ($42.6M), and France ($34.3M).

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Exporters of Construction equipment, not self-propelled nes (2022)
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Importers of Construction equipment, not self-propelled nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$26.5M
Top Destination Growth (2021 -  2022)Iraq$23.7M

Between 2021 and 2022, the exports of Construction equipment, not self-propelled nes grew the fastest in Canada ($26.5M), South Korea ($26.5M), Jordan ($22.7M), Japan ($10.4M), and United States ($8.42M).

Between 2021 and 2022, the fastest growing importers of Construction equipment, not self-propelled nes were Iraq ($23.7M), Canada ($5.76M), Norway ($4.97M), Netherlands ($4.84M), and Denmark ($4.54M).

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Exporters of Construction equipment, not self-propelled nes (2021 - 2022)

Importers of Construction equipment, not self-propelled nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Construction equipment, not self-propelled nes.

In 2022, market concentration measured using Shannon Entropy, was 4.51. This means that most of the exports of Construction equipment, not self-propelled nes are explained by 22 countries.

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Value of Exports in Construction equipment, not self-propelled nes

Net Trade

TOP NET EXPORTER (2022)South Korea$107M
TOP NET IMPORTER (2022)United States$191M

This map shows which countries export or import more of Construction equipment, not self-propelled nes. Each country is colored based on the difference in exports and imports of Construction equipment, not self-propelled nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Construction equipment, not self-propelled nes were South Korea ($107M), China ($101M), Finland ($64.1M), Italy ($50M), and Bulgaria ($47.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Construction equipment, not self-propelled nes were United States ($191M), Australia ($35.8M), Russia ($20.3M), Indonesia ($18M), and Saudi Arabia ($11.9M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Construction equipment, not self-propelled nes.
It is possible to select the main countries that export or import Construction equipment, not self-propelled nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Construction equipment, not self-propelled nes by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2022)

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