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842611 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.11BRnk 1992 / 4644
2023
Top Exporter | Top Importer $316M | $67.4MChina | United States
2023
Product Complexity 0.56Rnk 1562 / 4656
2022 - 2023
Export Growth (CAGR) 13.1%Rnk 508 / 4644
2023
Share of World Trade 0.0049%Rnk 1992 / 4644

About

Overview This page contains the latest trade data of Gantry and overhead travelling cranes on fixed suppor. In 2023, Gantry and overhead travelling cranes on fixed suppor were the world's 1992nd most traded product, with a total trade of $1.11B. Between 2022 and 2023 the exports of Gantry and overhead travelling cranes on fixed suppor grew by 13.1%, from $980M to $1.11B. Trade in Gantry and overhead travelling cranes on fixed suppor represent 0.0049% of total world trade.

Gantry and overhead travelling cranes on fixed suppor are a part of Cranes.

Exports In 2023 the top exporters of Gantry and overhead travelling cranes on fixed suppor  were China ($316M), Germany ($84.7M), Italy ($78.9M), Spain ($73.4M), and Netherlands ($58.2M).

Imports In 2023 the top importers of Gantry and overhead travelling cranes on fixed suppor were United States ($67.4M), India ($54.4M), Vietnam ($52.4M), Indonesia ($52.3M), and France ($49.6M).

Ranking Gantry and overhead travelling cranes on fixed suppor ranks 1562nd in the Product Complexity Index (PCI).

Description Gantry cranes are used to lift heavy objects to a higher point. Overhead travelling cranes are used to position and move heavy objects.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Gantry and overhead travelling cranes on fixed suppor. 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$316M
Top Destination (2023)United States$67.4M

In 2023 Gantry and overhead travelling cranes on fixed suppor were the world's 1992nd most traded product (out of 4,644).

In 2023, the top exporters of Gantry and overhead travelling cranes on fixed suppor were China ($316M), Germany ($84.7M), Italy ($78.9M), Spain ($73.4M), and Netherlands ($58.2M).

In 2023, the top importers of Gantry and overhead travelling cranes on fixed suppor were United States ($67.4M), India ($54.4M), Vietnam ($52.4M), Indonesia ($52.3M), and France ($49.6M).

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Exporters of Gantry and overhead travelling cranes on fixed suppor (2023)
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Importers of Gantry and overhead travelling cranes on fixed suppor (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$50.4M
Top Destination Growth (2022 -  2023)Morocco$36M

Between 2022 and 2023, the exports of Gantry and overhead travelling cranes on fixed suppor grew the fastest in China ($50.4M), Poland ($45.9M), Spain ($32.2M), Italy ($30.8M), and Turkey ($19.8M).

Between 2022 and 2023, the fastest growing importers of Gantry and overhead travelling cranes on fixed suppor were Morocco ($36M), Vietnam ($31.4M), Canada ($23.1M), Algeria ($22M), and United States ($18.4M).

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Exporters of Gantry and overhead travelling cranes on fixed suppor (2022 - 2023)

Importers of Gantry and overhead travelling cranes on fixed suppor (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Gantry and overhead travelling cranes on fixed suppor.

In 2023, market concentration measured using Shannon Entropy, was 4.16. This means that most of the exports of Gantry and overhead travelling cranes on fixed suppor are explained by 17 countries.

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Value of Exports in Gantry and overhead travelling cranes on fixed suppor

Net Trade

TOP NET EXPORTER (2023)China$305M
TOP NET IMPORTER (2023)Indonesia$52.3M

This map shows which countries export or import more of Gantry and overhead travelling cranes on fixed suppor. Each country is colored based on the difference in exports and imports of Gantry and overhead travelling cranes on fixed suppor during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Gantry and overhead travelling cranes on fixed suppor were China ($305M), Italy ($75.5M), Spain ($66.1M), Finland ($54M), and Germany ($45.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Gantry and overhead travelling cranes on fixed suppor were Indonesia ($52.3M), Vietnam ($52.3M), United States ($44.5M), Morocco ($38.1M), and United Kingdom ($36.1M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Gantry and overhead travelling cranes on fixed suppor.
It is possible to select the main countries that export or import Gantry and overhead travelling cranes on fixed suppor in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Gantry and overhead travelling cranes on fixed suppor 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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