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Road tractors for semi-trailers (truck tractors)

870120 (Harmonized System 1992 for 6-digit)

2023
World Trade $52.6BRnk 56 / 4644
2023
Top Exporter | Top Importer $13.5B | $12BMexico | United States
2023
Product Complexity 0.52Rnk 1629 / 4656
2022 - 2023
Export Growth (CAGR) 32.6%Rnk 139 / 4644
2023
Share of World Trade 0.23%Rnk 56 / 4644

About

Overview This page contains the latest trade data of Truck tractors. In 2023, Truck tractors were the world's 56th most traded product, with a total trade of $52.6B. Between 2022 and 2023 the exports of Truck tractors grew by 32.6%, from $39.7B to $52.6B. Trade in Truck tractors represent 0.23% of total world trade.

Truck tractors are a part of Tractors.

Exports In 2023 the top exporters of Truck tractors  were Mexico ($13.5B), Netherlands ($7.22B), China ($6.02B), Germany ($4.44B), and Belgium ($3.19B).

Imports In 2023 the top importers of Truck tractors were United States ($12B), Canada ($3.68B), Russia ($3.62B), Germany ($3.1B), and Poland ($2.48B).

Ranking Truck tractors ranks 1629th in the Product Complexity Index (PCI).

Description Road tractors are the front-most section of a semi-trailer or trailer with a tractor truck. They are often used to pull other trailers and semi-trailers.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Truck tractors. 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)Mexico$13.5B
Top Destination (2023)United States$12B

In 2023 Truck tractors were the world's 56th most traded product (out of 4,644).

In 2023, the top exporters of Truck tractors were Mexico ($13.5B), Netherlands ($7.22B), China ($6.02B), Germany ($4.44B), and Belgium ($3.19B).

In 2023, the top importers of Truck tractors were United States ($12B), Canada ($3.68B), Russia ($3.62B), Germany ($3.1B), and Poland ($2.48B).

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Exporters of Truck tractors (2023)
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Importers of Truck tractors (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$3.79B
Top Destination Growth (2022 -  2023)Russia$3.07B

Between 2022 and 2023, the exports of Truck tractors grew the fastest in China ($3.79B), Mexico ($2.03B), Netherlands ($1.77B), Belgium ($860M), and Sweden ($845M).

Between 2022 and 2023, the fastest growing importers of Truck tractors were Russia ($3.07B), United States ($1.77B), Germany ($1.4B), Canada ($950M), and United Kingdom ($554M).

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Exporters of Truck tractors (2022 - 2023)

Importers of Truck tractors (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Truck tractors.

In 2023, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Truck tractors are explained by 12 countries.

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Value of Exports in Truck tractors

Net Trade

TOP NET EXPORTER (2023)Mexico$12.8B
TOP NET IMPORTER (2023)United States$9.15B

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

In 2023, the countries that had a largest trade value in exports than in imports of Truck tractors were Mexico ($12.8B), Netherlands ($6.27B), China ($5.95B), Sweden ($2.79B), and Belgium ($2.47B).

In 2023, the countries that had a largest trade value in imports than in exports of Truck tractors were United States ($9.15B), Russia ($3.62B), Canada ($3.59B), United Kingdom ($1.98B), and Italy ($1.43B).

Net Trade (2023)

Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Truck tractors 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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