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Diesel powered trucks weighing > 20 tonnes

870423 (Harmonized System 1992 for 6-digit)

2023
World Trade $23.5BRnk 137 / 4644
2023
Top Exporter | Top Importer $4.79B | $2.4BChina | United States
2023
Product Complexity 0.91Rnk 928 / 4656
2022 - 2023
Export Growth (CAGR) 13.6%Rnk 486 / 4644
2023
Share of World Trade 0.1%Rnk 137 / 4644

About

Overview This page contains the latest trade data of Diesel Trucks > 20 tonnes. In 2023, Diesel Trucks > 20 tonnes were the world's 137th most traded product, with a total trade of $23.5B. Between 2022 and 2023 the exports of Diesel Trucks > 20 tonnes grew by 13.6%, from $20.7B to $23.5B. Trade in Diesel Trucks > 20 tonnes represent 0.1% of total world trade.

Diesel Trucks > 20 tonnes are a part of Delivery Trucks.

Exports In 2023 the top exporters of Diesel Trucks > 20 tonnes  were China ($4.79B), Germany ($3.2B), Mexico ($2.09B), Netherlands ($1.93B), and France ($1.83B).

Imports In 2023 the top importers of Diesel Trucks > 20 tonnes were United States ($2.4B), Russia ($2.12B), Germany ($1.69B), Canada ($1.32B), and United Kingdom ($1.01B).

Ranking Diesel Trucks > 20 tonnes ranks 928th in the Product Complexity Index (PCI).

Description Diesel powered trucks weighing > 20 tonnes are used for carrying heavy loads and for long distance driving.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Diesel Trucks > 20 tonnes. 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$4.79B
Top Destination (2023)United States$2.4B

In 2023 Diesel Trucks > 20 tonnes were the world's 137th most traded product (out of 4,644).

In 2023, the top exporters of Diesel Trucks > 20 tonnes were China ($4.79B), Germany ($3.2B), Mexico ($2.09B), Netherlands ($1.93B), and France ($1.83B).

In 2023, the top importers of Diesel Trucks > 20 tonnes were United States ($2.4B), Russia ($2.12B), Germany ($1.69B), Canada ($1.32B), and United Kingdom ($1.01B).

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Exporters of Diesel Trucks > 20 tonnes (2023)
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Importers of Diesel Trucks > 20 tonnes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$1.02B
Top Destination Growth (2022 -  2023)Russia$790M

Between 2022 and 2023, the exports of Diesel Trucks > 20 tonnes grew the fastest in China ($1.02B), France ($415M), Germany ($393M), United States ($220M), and Canada ($220M).

Between 2022 and 2023, the fastest growing importers of Diesel Trucks > 20 tonnes were Russia ($790M), United States ($427M), Italy ($312M), Saudi Arabia ($223M), and Turkey ($198M).

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Exporters of Diesel Trucks > 20 tonnes (2022 - 2023)

Importers of Diesel Trucks > 20 tonnes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Diesel Trucks > 20 tonnes.

In 2023, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Diesel Trucks > 20 tonnes are explained by 15 countries.

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Value of Exports in Diesel Trucks > 20 tonnes

Net Trade

TOP NET EXPORTER (2023)China$4.62B
TOP NET IMPORTER (2023)Russia$2.11B

This map shows which countries export or import more of Diesel Trucks > 20 tonnes. Each country is colored based on the difference in exports and imports of Diesel Trucks > 20 tonnes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Diesel Trucks > 20 tonnes were China ($4.62B), Mexico ($1.89B), Netherlands ($1.53B), Germany ($1.51B), and Sweden ($1.43B).

In 2023, the countries that had a largest trade value in imports than in exports of Diesel Trucks > 20 tonnes were Russia ($2.11B), United States ($1.1B), United Kingdom ($783M), Indonesia ($775M), and Australia ($681M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Diesel Trucks > 20 tonnes.
It is possible to select the main countries that export or import Diesel Trucks > 20 tonnes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Diesel Trucks > 20 tonnes 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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