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842699 (Harmonized System 1992 for 6-digit)

2023
World Trade $808MRnk 2345 / 4644
2023
Top Exporter | Top Importer $132M | $64.2MGermany | United States
2023
Product Complexity 0.28Rnk 2057 / 4656
2022 - 2023
Export Growth (CAGR) 7.79%Rnk 809 / 4644
2023
Share of World Trade 0.0036%Rnk 2345 / 4644

About

Overview This page contains the latest trade data of Cranes or derricks nes. In 2023, Cranes or derricks nes were the world's 2345th most traded product, with a total trade of $808M. Between 2022 and 2023 the exports of Cranes or derricks nes grew by 7.79%, from $750M to $808M. Trade in Cranes or derricks nes represent 0.0036% of total world trade.

Cranes or derricks nes are a part of Cranes.

Exports In 2023 the top exporters of Cranes or derricks nes  were Germany ($132M), China ($91.4M), Italy ($76M), Netherlands ($70.6M), and Slovenia ($60.3M).

Imports In 2023 the top importers of Cranes or derricks nes were United States ($64.2M), China ($61.3M), Indonesia ($49M), United Kingdom ($48.1M), and Italy ($34.3M).

Ranking Cranes or derricks nes ranks 2057th in the Product Complexity Index (PCI).

Description Cranes or derricks are commonly used for construction projects and heavy lifting. They are usually composed of a long horizontal base that is attached to a vertical tower that can be raised and lowered. The crane can be rotated around its vertical axis to allow the operator to maneuver the crane in the desired direction.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Cranes or derricks 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 (2023)Germany$132M
Top Destination (2023)United States$64.2M

In 2023 Cranes or derricks nes were the world's 2345th most traded product (out of 4,644).

In 2023, the top exporters of Cranes or derricks nes were Germany ($132M), China ($91.4M), Italy ($76M), Netherlands ($70.6M), and Slovenia ($60.3M).

In 2023, the top importers of Cranes or derricks nes were United States ($64.2M), China ($61.3M), Indonesia ($49M), United Kingdom ($48.1M), and Italy ($34.3M).

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Exporters of Cranes or derricks nes (2023)
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Importers of Cranes or derricks nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$40.6M
Top Destination Growth (2022 -  2023)China$36.8M

Between 2022 and 2023, the exports of Cranes or derricks nes grew the fastest in Germany ($40.6M), Slovenia ($17.1M), Japan ($14M), Austria ($13.1M), and United States ($11.2M).

Between 2022 and 2023, the fastest growing importers of Cranes or derricks nes were China ($36.8M), Indonesia ($14.2M), Italy ($13.8M), Mexico ($12.4M), and United States ($10.5M).

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Exporters of Cranes or derricks nes (2022 - 2023)

Importers of Cranes or derricks nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Cranes or derricks nes.

In 2023, market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Cranes or derricks nes are explained by 20 countries.

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Value of Exports in Cranes or derricks nes

Net Trade

TOP NET EXPORTER (2023)Germany$111M
TOP NET IMPORTER (2023)Indonesia$47.8M

This map shows which countries export or import more of Cranes or derricks nes. Each country is colored based on the difference in exports and imports of Cranes or derricks nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Cranes or derricks nes were Germany ($111M), Slovenia ($59.6M), Netherlands ($49.5M), Austria ($42.3M), and Italy ($41.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Cranes or derricks nes were Indonesia ($47.8M), United States ($29.8M), Mexico ($25.4M), Singapore ($18.9M), and Norway ($17.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Cranes or derricks nes.
It is possible to select the main countries that export or import Cranes or derricks nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Cranes or derricks 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 (2023)

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