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Dump trucks designed for off-highway use

870410 (Harmonized System 1992 for 6-digit)

2023
World Trade $13.4BRnk 266 / 4644
2023
Top Exporter | Top Importer $2.38B | $2.45BUnited States | United States
2023
Product Complexity -0.37Rnk 3054 / 4656
2022 - 2023
Export Growth (CAGR) 26.3%Rnk 187 / 4644
2023
Share of World Trade 0.059%Rnk 266 / 4644

About

Overview This page contains the latest trade data of Dump trucks (off-highway). In 2023, Dump trucks (off-highway) were the world's 266th most traded product, with a total trade of $13.4B. Between 2022 and 2023 the exports of Dump trucks (off-highway) grew by 26.3%, from $10.6B to $13.4B. Trade in Dump trucks (off-highway) represent 0.059% of total world trade.

Dump trucks (off-highway) are a part of Delivery Trucks.

Exports In 2023 the top exporters of Dump trucks (off-highway)  were United States ($2.38B), United Kingdom ($1.98B), Japan ($1.73B), China ($1.66B), and Sweden ($1.17B).

Imports In 2023 the top importers of Dump trucks (off-highway) were United States ($2.45B), Indonesia ($1.22B), Australia ($1.13B), Canada ($1.08B), and South Africa ($629M).

Ranking Dump trucks (off-highway) ranks 3054th in the Product Complexity Index (PCI).

Description Off-highway dump trucks are typically used for tasks like construction, mining, and forestry. They are commonly used to transport material such as gravel, dirt, and sand.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Dump trucks (off-highway). 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)United States$2.38B
Top Destination (2023)United States$2.45B

In 2023 Dump trucks (off-highway) were the world's 266th most traded product (out of 4,644).

In 2023, the top exporters of Dump trucks (off-highway) were United States ($2.38B), United Kingdom ($1.98B), Japan ($1.73B), China ($1.66B), and Sweden ($1.17B).

In 2023, the top importers of Dump trucks (off-highway) were United States ($2.45B), Indonesia ($1.22B), Australia ($1.13B), Canada ($1.08B), and South Africa ($629M).

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Exporters of Dump trucks (off-highway) (2023)
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Importers of Dump trucks (off-highway) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United Kingdom$679M
Top Destination Growth (2022 -  2023)United States$826M

Between 2022 and 2023, the exports of Dump trucks (off-highway) grew the fastest in United Kingdom ($679M), India ($349M), United States ($295M), China ($281M), and Japan ($240M).

Between 2022 and 2023, the fastest growing importers of Dump trucks (off-highway) were United States ($826M), Indonesia ($254M), South Africa ($232M), Zambia ($226M), and Canada ($218M).

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Exporters of Dump trucks (off-highway) (2022 - 2023)

Importers of Dump trucks (off-highway) (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Dump trucks (off-highway).

In 2023, market concentration measured using Shannon Entropy, was 3.85. This means that most of the exports of Dump trucks (off-highway) are explained by 14 countries.

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Value of Exports in Dump trucks (off-highway)

Net Trade

TOP NET EXPORTER (2023)United Kingdom$1.74B
TOP NET IMPORTER (2023)Indonesia$1.2B

This map shows which countries export or import more of Dump trucks (off-highway). Each country is colored based on the difference in exports and imports of Dump trucks (off-highway) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Dump trucks (off-highway) were United Kingdom ($1.74B), Japan ($1.65B), China ($1.63B), Sweden ($1.13B), and India ($1.05B).

In 2023, the countries that had a largest trade value in imports than in exports of Dump trucks (off-highway) were Indonesia ($1.2B), Australia ($1.07B), Canada ($972M), Chile ($417M), and Russia ($345M).

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 Dump trucks (off-highway).
It is possible to select the main countries that export or import Dump trucks (off-highway) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Dump trucks (off-highway) 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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