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842710 (Harmonized System 1992 for 6-digit)

2023
World Trade $13.8BRnk 261 / 4644
2023
Top Exporter | Top Importer $3.75B | $2.03BGermany | United States
2023
Product Complexity 1.55Rnk 138 / 4656
2022 - 2023
Export Growth (CAGR) 25.1%Rnk 196 / 4644
2023
Share of World Trade 0.061%Rnk 261 / 4644

About

Overview This page contains the latest trade data of Self-propelled works trucks, electric motor. In 2023, Self-propelled works trucks, electric motor were the world's 261st most traded product, with a total trade of $13.8B. Between 2022 and 2023 the exports of Self-propelled works trucks, electric motor grew by 25.1%, from $11.1B to $13.8B. Trade in Self-propelled works trucks, electric motor represent 0.061% of total world trade.

Self-propelled works trucks, electric motor are a part of Fork-Lifts.

Exports In 2023 the top exporters of Self-propelled works trucks, electric motor  were Germany ($3.75B), China ($2.87B), Italy ($1.2B), Sweden ($1.08B), and United States ($998M).

Imports In 2023 the top importers of Self-propelled works trucks, electric motor were United States ($2.03B), France ($920M), Italy ($859M), United Kingdom ($833M), and Germany ($802M).

Ranking Self-propelled works trucks, electric motor ranks 138th in the Product Complexity Index (PCI).

Description Self-propelled trucks are used in a warehouse to carry materials from one place to another. The truck has a compartment for the load and a driver's seat in front. The driver steers the vehicle and the truck has a set of narrow wheels, called caterpillars. The caterpillars are turned sideways to move the truck. The wheels turn to move forward and backwards. Electric motors provide power to the wheels.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Self-propelled works trucks, electric motor. 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$3.75B
Top Destination (2023)United States$2.03B

In 2023 Self-propelled works trucks, electric motor were the world's 261st most traded product (out of 4,644).

In 2023, the top exporters of Self-propelled works trucks, electric motor were Germany ($3.75B), China ($2.87B), Italy ($1.2B), Sweden ($1.08B), and United States ($998M).

In 2023, the top importers of Self-propelled works trucks, electric motor were United States ($2.03B), France ($920M), Italy ($859M), United Kingdom ($833M), and Germany ($802M).

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Exporters of Self-propelled works trucks, electric motor (2023)
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Importers of Self-propelled works trucks, electric motor (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$653M
Top Destination Growth (2022 -  2023)United States$534M

Between 2022 and 2023, the exports of Self-propelled works trucks, electric motor grew the fastest in Germany ($653M), China ($638M), Italy ($317M), Sweden ($241M), and France ($144M).

Between 2022 and 2023, the fastest growing importers of Self-propelled works trucks, electric motor were United States ($534M), France ($225M), Russia ($188M), Mexico ($162M), and United Kingdom ($147M).

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Exporters of Self-propelled works trucks, electric motor (2022 - 2023)

Importers of Self-propelled works trucks, electric motor (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Self-propelled works trucks, electric motor.

In 2023, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Self-propelled works trucks, electric motor are explained by 11 countries.

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Value of Exports in Self-propelled works trucks, electric motor

Net Trade

TOP NET EXPORTER (2023)Germany$2.95B
TOP NET IMPORTER (2023)United States$1.03B

This map shows which countries export or import more of Self-propelled works trucks, electric motor. Each country is colored based on the difference in exports and imports of Self-propelled works trucks, electric motor during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Self-propelled works trucks, electric motor were Germany ($2.95B), China ($2.74B), Sweden ($872M), Italy ($340M), and Japan ($287M).

In 2023, the countries that had a largest trade value in imports than in exports of Self-propelled works trucks, electric motor were United States ($1.03B), United Kingdom ($539M), France ($471M), Spain ($428M), and Turkey ($353M).

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 Self-propelled works trucks, electric motor.
It is possible to select the main countries that export or import Self-propelled works trucks, electric motor in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Self-propelled works trucks, electric motor 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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