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842649 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.16BRnk 1074 / 4644
2023
Top Exporter | Top Importer $919M | $653MChina | United States
2023
Product Complexity -0.36Rnk 3042 / 4656
2022 - 2023
Export Growth (CAGR) 27%Rnk 179 / 4644
2023
Share of World Trade 0.014%Rnk 1074 / 4644

About

Overview This page contains the latest trade data of Cranes & lifting frames, self-propelled, not on tyres. In 2023, Cranes & lifting frames, self-propelled, not on tyres were the world's 1074th most traded product, with a total trade of $3.16B. Between 2022 and 2023 the exports of Cranes & lifting frames, self-propelled, not on tyres grew by 27%, from $2.49B to $3.16B. Trade in Cranes & lifting frames, self-propelled, not on tyres represent 0.014% of total world trade.

Cranes & lifting frames, self-propelled, not on tyres are a part of Cranes.

Exports In 2023 the top exporters of Cranes & lifting frames, self-propelled, not on tyres  were China ($919M), Germany ($668M), Japan ($387M), Austria ($279M), and Italy ($150M).

Imports In 2023 the top importers of Cranes & lifting frames, self-propelled, not on tyres were United States ($653M), India ($369M), Netherlands ($184M), Indonesia ($147M), and United Arab Emirates ($113M).

Ranking Cranes & lifting frames, self-propelled, not on tyres ranks 3042nd in the Product Complexity Index (PCI).

Description Cranes are a type of machine that is used for lifting and carrying heavy objects. They are best used for lifting objects that are too heavy to lift without a crane. They typically have a boom and a hoist, and there are two types of cranes. They are either mobile or stationary. Mobile cranes are cranes that can move from one place to another, whereas stationary cranes are cranes that are fixed in one place. Self-propelled, not on tyres, cranes typically have a boom and a hoist, and are used for lifting and carrying heavy

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cranes & lifting frames, self-propelled, not on tyres. 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 (2023)China$919M
Top Destination (2023)United States$653M

In 2023 Cranes & lifting frames, self-propelled, not on tyres were the world's 1074th most traded product (out of 4,644).

In 2023, the top exporters of Cranes & lifting frames, self-propelled, not on tyres were China ($919M), Germany ($668M), Japan ($387M), Austria ($279M), and Italy ($150M).

In 2023, the top importers of Cranes & lifting frames, self-propelled, not on tyres were United States ($653M), India ($369M), Netherlands ($184M), Indonesia ($147M), and United Arab Emirates ($113M).

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Exporters of Cranes & lifting frames, self-propelled, not on tyres (2023)
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Importers of Cranes & lifting frames, self-propelled, not on tyres (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$253M
Top Destination Growth (2022 -  2023)United States$246M

Between 2022 and 2023, the exports of Cranes & lifting frames, self-propelled, not on tyres grew the fastest in China ($253M), Austria ($127M), Germany ($87.9M), Japan ($86.8M), and Netherlands ($42.8M).

Between 2022 and 2023, the fastest growing importers of Cranes & lifting frames, self-propelled, not on tyres were United States ($246M), India ($126M), United Arab Emirates ($61M), Saudi Arabia ($58.2M), and Turkey ($54.1M).

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Exporters of Cranes & lifting frames, self-propelled, not on tyres (2022 - 2023)

Importers of Cranes & lifting frames, self-propelled, not on tyres (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cranes & lifting frames, self-propelled, not on tyres.

In 2023, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Cranes & lifting frames, self-propelled, not on tyres are explained by 11 countries.

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Value of Exports in Cranes & lifting frames, self-propelled, not on tyres

Net Trade

TOP NET EXPORTER (2023)China$902M
TOP NET IMPORTER (2023)United States$567M

This map shows which countries export or import more of Cranes & lifting frames, self-propelled, not on tyres. Each country is colored based on the difference in exports and imports of Cranes & lifting frames, self-propelled, not on tyres during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cranes & lifting frames, self-propelled, not on tyres were China ($902M), Germany ($621M), Japan ($348M), Austria ($272M), and Italy ($134M).

In 2023, the countries that had a largest trade value in imports than in exports of Cranes & lifting frames, self-propelled, not on tyres were United States ($567M), India ($354M), Indonesia ($119M), Turkey ($99.2M), and Australia ($97.1M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Cranes & lifting frames, self-propelled, not on tyres 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 (2023)

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