Work Trucks in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $291M in Work Trucks, making it the 1st largest exporter of Work Trucks in the world. At the same year, Work Trucks was the 509th most exported product in United States. The main destination of Work Trucks exports from United States are: Australia ($58.5M), Canada ($52.8M), United Kingdom ($26M), Mexico ($21.7M), and Netherlands ($18.3M).

The fastest growing export markets for Work Trucks of United States between 2021 and 2022 were Canada ($22M), United Kingdom ($9.62M), and Haiti ($5.87M).

Imports In 2022, United States imported $311M in Work Trucks, becoming the 1st largest importer of Work Trucks in the world. At the same year, Work Trucks was the 672nd most imported product in United States. United States imports Work Trucks primarily from: Mexico ($46.1M), Chinese Taipei ($39.1M), Canada ($33.8M), Germany ($32.5M), and France ($32.3M).

The fastest growing import markets in Work Trucks for United States between 2021 and 2022 were Mexico ($19.1M), France ($17.3M), and Chinese Taipei ($16M).

COMPANIES In 2023, leading companies such as VOLKSWAGEN GROUP OF AMERICA (41), TE CONNECTIVITY CORPORATION (22), and TRANSAXLE MANUFACTURING OF AMERICA (8) were at the forefront of shipping Work Trucks to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Work Trucks exports accounted up to $26.7M and imports accounted up to $48M, resulting in a negative trade balance of $21.2M. Between January 2023 and January 2024 the exports of United States' Work Trucks have decreased by $-5.1M (-16%) from $31.8M to $26.7M, while imports increased by $5.26M (12.3%) from $42.7M to $48M.

Destinations In January 2024, Work Trucks were exported mostly to Canada ($5.28M), Australia ($3.22M), United Kingdom ($3.03M), Mexico ($2.33M), and Panama ($2.27M), and were imported mostly from Japan ($7.44M), France ($6.35M), China ($5.47M), Germany ($5.25M), and Thailand ($4.45M).

Growth In January 2024, the decrease in Work Trucks's year-by-year exports was explained primarily by a decrease in exports to Chile ($-563k or -71%), Trinidad and Tobago ($-169k or -97.2%), and Japan ($-144k or -61.1%). In January 2024, the increase in Work Trucks's year-by-year imports was explained primarily by an increase in imports from Taiwan ($4.26M or 159%), Mexico ($3.28M or 141%), and France ($2.73M or 207%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2023 - January 2024)$-5.1M(-16%)

IMPORT GROWTH (January 2023 - January 2024)$5.26M(12.3%)

MAIN EXPORTER (January 2024)Georgia$6.64M

MAIN DESTINATION (January 2024)Canada$5.28M

This section shows Work Trucks's exports and imports data at subnational level for United States. 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)$291M

IMPORTS (2022)$311M

NET TRADE (2022)-$20.4M

In 2022, United States exported $291M in Work Trucks. The main destinations of United States exports on Work Trucks were Australia ($58.5M), Canada ($52.8M), United Kingdom ($26M), Mexico ($21.7M), and Netherlands ($18.3M).

In 2022, United States imported $311M in Work Trucks, mainly from Mexico ($46.1M), Chinese Taipei ($39.1M), Canada ($33.8M), Germany ($32.5M), and France ($32.3M).

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