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Pricing

2022
Exports | Imports $14.3B | $200MWorld Rnk 1 / 185
Flag Rnk 52 / 1216
World Rnk 52 / 222
Flag Rnk 520 / 1212
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $832M | $19.6MRussia |  Singapore
2022
ECONOMIC COMPLEXITY of China1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Large Construction Vehicles1.2Rnk 107 / 1025

About

Exports In 2022, China exported $14.3B in Large Construction Vehicles, making it the 1st largest exporter of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 52nd most exported product in China. The main destination of Large Construction Vehicles exports from China are: Russia ($1.71B), Indonesia ($1.5B), Belgium ($997M), United States ($720M), and Vietnam ($621M).

The fastest growing export markets for Large Construction Vehicles of China between 2021 and 2022 were Russia ($832M), Indonesia ($555M), and Vietnam ($394M).

Imports In 2022, China imported $200M in Large Construction Vehicles, becoming the 52nd largest importer of Large Construction Vehicles in the world. At the same year, Large Construction Vehicles was the 520th most imported product in China. China imports Large Construction Vehicles primarily from: Japan ($45.8M), South Korea ($41.1M), Singapore ($27.3M), United States ($14.6M), and Hong Kong ($13.6M).

The fastest growing import markets in Large Construction Vehicles for China between 2021 and 2022 were Singapore ($19.6M), China ($8.89M), and Sweden ($2.64M).

COMPANIES In 2023, leading companies such as COSTCO WHOLESALE COPRORATION (1.45k), WALGREEN CO. (744), and STEVE MADDEN LTD. (380) were at the forefront of shipping Large Construction Vehicles from China to the United States.

Latest Trends

February 2024

About

Overview In February 2024 China's Large Construction Vehicles exports accounted up to $951M and imports accounted up to $21M, resulting in a positive trade balance of $930M. Between February 2023 and February 2024 the exports of China's   Large Construction Vehicles have decreased by $-61.1M (-6.03%) from $1.01B to $951M, while imports increased by $11.2M (114%) from $9.8M to $21M.

Destinations In February 2024, Large Construction Vehicles were exported mostly to Russia ($137M), Indonesia ($72.6M), United States ($59.9M), Turkey ($56.6M), and Belgium ($44.9M), and were imported mostly from Japan ($15.8M), Thailand ($1.89M), United States ($1.15M), Sweden ($1.07M), and South Korea ($658k).

Growth In February 2024, the decrease in Large Construction Vehicles's year-by-year exports was explained primarily by a decrease in exports to Thailand ($-29.8M or -74.5%), Indonesia ($-25.2M or -18%), and South Africa ($-13.8M or -35%). In February 2024, the increase in Large Construction Vehicles's year-by-year imports was explained primarily by an increase in imports from South Korea ($10.3M or 120%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-61.1M(-6.03%)
IMPORT GROWTH (February 2023 - February 2024)$11.2M(114%)
MAIN EXPORTER (February 2024)Jiangsu Province$369M
MAIN DESTINATION (February 2024)Russia$137M

This section shows Large Construction Vehicles's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Large Construction Vehicles over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$14.3B
IMPORTS (2022)$200M
NET TRADE (2022)$14.1B

In 2022, China exported $14.3B in Large Construction Vehicles. The main destinations of China exports on Large Construction Vehicles were Russia ($1.71B), Indonesia ($1.5B), Belgium ($997M), United States ($720M), and Vietnam ($621M).

In 2022, China imported $200M in Large Construction Vehicles, mainly from Japan ($45.8M), South Korea ($41.1M), Singapore ($27.3M), United States ($14.6M), and Hong Kong ($13.6M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Construction Vehicles EXPORT MARKETS FOR China WERE (2021 - 2022):
Russia$832M (95.1%)
Indonesia$555M (58.9%)
Vietnam$394M (174%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Construction Vehicles BY China WERE (2021 - 2022):
Ukraine-$54.3M (-67.3%)
Peru-$44.6M (-31.5%)
Mali-$35.1M (-89%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Large Construction Vehicles were:
Japan $13B
United States $5.24B
In 2022, China's main importing competitors in Large Construction Vehicles were:
United States $10.7B
Canada $4.04B
Australia $2.75B

Explore Visualizations

Trade Value of Large Construction Vehicles by Exporters

Keep Exploring

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