Work Trucks in China | The Observatory of Economic Complexity

About

Exports In 2022, China exported $178M in Work Trucks, making it the 3rd largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 790th most exported product in China. The main destination of Work Trucks exports from China are: United States ($20.6M), Kyrgyzstan ($10.1M), Germany ($8M), Canada ($7.9M), and South Korea ($6.82M).

The fastest growing export markets for Work Trucks of China between 2021 and 2022 were United States ($12.8M), Kyrgyzstan ($10M), and Canada ($4.61M).

Imports In 2022, China imported $30.4M in Work Trucks, becoming the 11th largest importer of Work Trucks in the world. At the same year, Work Trucks was the 860th most imported product in China. China imports Work Trucks primarily from: Malaysia ($7.85M), Germany ($5.98M), France ($4.2M), Japan ($3.29M), and United States ($1.96M).

The fastest growing import markets in Work Trucks for China between 2021 and 2022 were Singapore ($1.44M), Japan ($952k), and United States ($731k).

COMPANIES In 2023, leading companies such as WALGREEN CO. (1) and LOBLAWS INC (1) were at the forefront of shipping Work Trucks from China to the United States.

Latest Trends

March 2024

About

Overview In March 2024 China's Work Trucks exports accounted up to $16.1M and imports accounted up to $157k, resulting in a positive trade balance of $15.9M. Between March 2023 and March 2024 the exports of China's Work Trucks have decreased by $-7.65M (-32.3%) from $23.7M to $16.1M, while imports decreased by $-1.93M (-92.5%) from $2.08M to $157k.

Destinations In March 2024, Work Trucks were exported mostly to Italy ($1.55M), United States ($1.53M), Malaysia ($1.23M), Nigeria ($1.11M), and Uzbekistan ($1.1M), and were imported mostly from Canada ($36.8k), United States ($34.3k), South Korea ($27.4k), Germany ($25.2k), and Belgium ($18.1k).

Growth In March 2024, the decrease in Work Trucks's year-by-year exports was explained primarily by a decrease in exports to Germany ($-1.6M or -76.4%), South Korea ($-700k or -70%), and Israel ($-462k or -99.7%). In March 2024, the decrease in Work Trucks's year-by-year imports was explained primarily by a decrease in imports from France ($-282k or -99.7%), Japan ($-248k or -96.8%), and Germany ($-3.77k or -7.63%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (March 2023 - March 2024)$-7.65M(-32.3%)

IMPORT GROWTH (March 2023 - March 2024)$-1.93M(-92.5%)

MAIN EXPORTER (March 2024)Jiangsu Province$5.63M

MAIN DESTINATION (March 2024)Italy$1.55M

This section shows Work Trucks'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 Work Trucks over time.

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Historical Data

Trade Balance

Color

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$178M

IMPORTS (2022)$30.4M

NET TRADE (2022)$148M

In 2022, China exported $178M in Work Trucks. The main destinations of China exports on Work Trucks were United States ($20.6M), Kyrgyzstan ($10.1M), Germany ($8M), Canada ($7.9M), and South Korea ($6.82M).

In 2022, China imported $30.4M in Work Trucks, mainly from Malaysia ($7.85M), Germany ($5.98M), France ($4.2M), Japan ($3.29M), and United States ($1.96M).

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