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870911 (Harmonized System 1992 for 6-digit)

2023
World Trade $541MRnk 2767 / 4644
2023
Top Exporter | Top Importer $136M | $93.6MChina | United States
2023
Product Complexity 0.35Rnk 1936 / 4656
2022 - 2023
Export Growth (CAGR) 35.6%Rnk 109 / 4644
2023
Share of World Trade 0.0024%Rnk 2767 / 4644

About

Overview This page contains the latest trade data of Work trucks, electrically powered. In 2023, Work trucks, electrically powered were the world's 2767th most traded product, with a total trade of $541M. Between 2022 and 2023 the exports of Work trucks, electrically powered grew by 35.6%, from $399M to $541M. Trade in Work trucks, electrically powered represent 0.0024% of total world trade.

Work trucks, electrically powered are a part of Work Trucks.

Exports In 2023 the top exporters of Work trucks, electrically powered  were China ($136M), France ($77.3M), Germany ($71.9M), United States ($59.5M), and Italy ($34.8M).

Imports In 2023 the top importers of Work trucks, electrically powered were United States ($93.6M), United Kingdom ($46.4M), India ($27.2M), Hungary ($26.9M), and Germany ($26.3M).

Ranking Work trucks, electrically powered ranks 1936th in the Product Complexity Index (PCI).

Description The common uses of work trucks are pulling trailers, transporting equipment, and using them as an everyday vehicle.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Work trucks, electrically powered. 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$136M
Top Destination (2023)United States$93.6M

In 2023 Work trucks, electrically powered were the world's 2767th most traded product (out of 4,644).

In 2023, the top exporters of Work trucks, electrically powered were China ($136M), France ($77.3M), Germany ($71.9M), United States ($59.5M), and Italy ($34.8M).

In 2023, the top importers of Work trucks, electrically powered were United States ($93.6M), United Kingdom ($46.4M), India ($27.2M), Hungary ($26.9M), and Germany ($26.3M).

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Exporters of Work trucks, electrically powered (2023)
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Importers of Work trucks, electrically powered (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$52.7M
Top Destination Growth (2022 -  2023)United Kingdom$25.8M

Between 2022 and 2023, the exports of Work trucks, electrically powered grew the fastest in China ($52.7M), France ($20.3M), South Korea ($20.1M), Angola ($7.31M), and Italy ($7.12M).

Between 2022 and 2023, the fastest growing importers of Work trucks, electrically powered were United Kingdom ($25.8M), Hungary ($23.8M), India ($17M), Belgium ($9.89M), and Canada ($9.11M).

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Exporters of Work trucks, electrically powered (2022 - 2023)

Importers of Work trucks, electrically powered (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Work trucks, electrically powered.

In 2023, market concentration measured using Shannon Entropy, was 3.69. This means that most of the exports of Work trucks, electrically powered are explained by 12 countries.

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Value of Exports in Work trucks, electrically powered

Net Trade

TOP NET EXPORTER (2023)China$131M
TOP NET IMPORTER (2023)United Kingdom$39.5M

This map shows which countries export or import more of Work trucks, electrically powered. Each country is colored based on the difference in exports and imports of Work trucks, electrically powered during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Work trucks, electrically powered were China ($131M), France ($62M), Germany ($45.6M), Italy ($19.8M), and South Korea ($18.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Work trucks, electrically powered were United Kingdom ($39.5M), United States ($34.1M), India ($27.1M), Hungary ($26.8M), and Mexico ($16.2M).

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 Work trucks, electrically powered.
It is possible to select the main countries that export or import Work trucks, electrically powered in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Work trucks, electrically powered 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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