842710 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Self-propelled works trucks, electric motor. In 2022, Self-propelled works trucks, electric motor were the world's 326th most traded product, with a total trade of $11.8B. Between 2021 and 2022 the exports of Self-propelled works trucks, electric motor grew by 16.7%, from $10.1B to $11.8B. Trade in Self-propelled works trucks, electric motor represent 0.05% of total world trade.

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

Exports In 2022 the top exporters of Self-propelled works trucks, electric motor  were Germany ($3.17B), China ($2.56B), United States ($1.04B), Italy ($927M), and Sweden ($876M).

Imports In 2022 the top importers of Self-propelled works trucks, electric motor were United States ($1.42B), Netherlands ($826M), France ($808M), Italy ($781M), and Germany ($752M).

Ranking Self-propelled works trucks, electric motor ranks 233rd 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 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 (2022)Germany$3.17B
Top Destination (2022)United States$1.42B

In 2022 Self-propelled works trucks, electric motor were the world's 326th most traded product (out of 4,648).

In 2022, the top exporters of Self-propelled works trucks, electric motor were Germany ($3.17B), China ($2.56B), United States ($1.04B), Italy ($927M), and Sweden ($876M).

In 2022, the top importers of Self-propelled works trucks, electric motor were United States ($1.42B), Netherlands ($826M), France ($808M), Italy ($781M), and Germany ($752M).

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Exporters of Self-propelled works trucks, electric motor (2022)
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Importers of Self-propelled works trucks, electric motor (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$1.05B
Top Destination Growth (2021 -  2022)United States$451M

Between 2021 and 2022, the exports of Self-propelled works trucks, electric motor grew the fastest in China ($1.05B), Germany ($180M), Mexico ($119M), Canada ($88.6M), and Ireland ($85.6M).

Between 2021 and 2022, the fastest growing importers of Self-propelled works trucks, electric motor were United States ($451M), Netherlands ($161M), United Kingdom ($134M), Brazil ($112M), and Italy ($97.6M).

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Exporters of Self-propelled works trucks, electric motor (2021 - 2022)

Importers of Self-propelled works trucks, electric motor (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.52. 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 (2022)China$2.45B
TOP NET IMPORTER (2022)United Kingdom$603M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Self-propelled works trucks, electric motor were China ($2.45B), Germany ($2.42B), Sweden ($733M), Japan ($271M), and Ireland ($177M).

In 2022, the countries that had a largest trade value in imports than in exports of Self-propelled works trucks, electric motor were United Kingdom ($603M), Netherlands ($595M), France ($537M), United States ($383M), and Spain ($322M).

Net Trade (2022)

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 (2022)

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