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Bulldozers, graders, levellers, scrapers, angledozers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers, self-propelled

8429 (Harmonized System 1992 for 4-digit)

2023
World Trade $72.5BRnk 48 / 1217
2023
Top Exporter | Top Importer $15.8B | $14.1BChina | United States
2023
Product Complexity 0.52Rnk 365 / 1044
2022 - 2023
Export Growth (CAGR) 12.4%Rnk 125 / 1217
2023
Share of World Trade 0.32%Rnk 48 / 1217

About

Overview This page contains the latest trade data of Large Construction Vehicles. In 2023, Large Construction Vehicles were the world's 48th most traded product, with a total trade of $72.5B. Between 2022 and 2023 the exports of Large Construction Vehicles grew by 12.4%, from $64.5B to $72.5B. Trade in Large Construction Vehicles represent 0.32% of total world trade.

Large Construction Vehicles are a part of Machinery, mechanical appliances, & parts. They include Shovels and excavators with revolving superstructure, Front end shovel loaders, Earth moving/road making equipment, self-propelled ne, Bulldozers and angledozers, crawler type, Tamping machines and road rollers, self- propelled, Graders and levellers, self-propelled, Bulldozers and angledozers, wheeled, and Scrapers, self-propelled.

Exports In 2023 the top exporters of Large Construction Vehicles  were China ($15.8B), Japan ($15.1B), United States ($5.08B), Germany ($4.82B), and South Korea ($4.78B).

Imports In 2023 the top importers of Large Construction Vehicles were United States ($14.1B), Canada ($4.68B), Germany ($3.02B), Australia ($2.92B), and Netherlands ($2.83B).

Ranking Large Construction Vehicles ranks 365th in the Product Complexity Index (PCI).

Description Self-propelled bulldozers are used to build roads, dig ditches, and other construction projects. They can be made from a variety of materials, including steel, aluminum, and plastic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Large Construction Vehicles. 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$15.8B
Top Destination (2023)United States$14.1B

In 2023 Large Construction Vehicles were the world's 48th most traded product (out of 1,217).

In 2023, the top exporters of Large Construction Vehicles were China ($15.8B), Japan ($15.1B), United States ($5.08B), Germany ($4.82B), and South Korea ($4.78B).

In 2023, the top importers of Large Construction Vehicles were United States ($14.1B), Canada ($4.68B), Germany ($3.02B), Australia ($2.92B), and Netherlands ($2.83B).

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Exporters of Large Construction Vehicles (2023)
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Importers of Large Construction Vehicles (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$1.83B
Top Destination Growth (2022 -  2023)United States$3.3B

Between 2022 and 2023, the exports of Large Construction Vehicles grew the fastest in China ($1.83B), Japan ($1.08B), Germany ($841M), Brazil ($539M), and Austria ($511M).

Between 2022 and 2023, the fastest growing importers of Large Construction Vehicles were United States ($3.3B), Turkey ($859M), United Arab Emirates ($792M), Canada ($697M), and Saudi Arabia ($620M).

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Exporters of Large Construction Vehicles (2022 - 2023)

Importers of Large Construction Vehicles (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Large Construction Vehicles.

In 2023, market concentration measured using Shannon Entropy, was 3.88. This means that most of the exports of Large Construction Vehicles are explained by 14 countries.

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Value of Exports in Large Construction Vehicles

Net Trade

TOP NET EXPORTER (2023)China$15.5B
TOP NET IMPORTER (2023)United States$8.99B

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

In 2023, the countries that had a largest trade value in exports than in imports of Large Construction Vehicles were China ($15.5B), Japan ($14.6B), South Korea ($4.58B), Brazil ($2.53B), and Germany ($1.79B).

In 2023, the countries that had a largest trade value in imports than in exports of Large Construction Vehicles were United States ($8.99B), Canada ($4.56B), Australia ($2.82B), Russia ($2.72B), and Saudi Arabia ($1.6B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Large Construction Vehicles, disaggragated by their HS6 level were Shovels and excavators with revolving superstructure ($36.4B), Front end shovel loaders ($18B), Earth moving/road making equipment, self-propelled ne ($5.9B), Bulldozers and angledozers, crawler type ($5.32B), and Tamping machines and road rollers, self-... ($3.24B)

HS6 Disaggregation for Large Construction Vehicles (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Large Construction Vehicles by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $92.7M
TOP IMPORT POTENTIALChina+ $62.5M

Large Construction Vehicles’s highest export potential is Russia. With an export gap of $92.7M.  Large Construction Vehicles’s highest import potential is China with an import gap of $62.5M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Large Construction Vehicles.

Country by Relatedness

The following visualization shows the relatedness of Large Construction Vehicles to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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