Key Market Indicators
The country ranked number 11 in 2021, Belgium overtook at $665,740,000. The United States, Japan and Germany respectively ranked numbers 2, 3 and 4 in this ranking. China's truck exports are expected to reach $3.5 billion by 2026, up 1% annually from $3.3 billion in 2021. Since 1997, the country has seen a 3.1% year-on-year growth rate. In 2021, it ranked 14th, overtaken by Argentina's $3.3 billion. The US, Germany, and France took the top three spots. Meanwhile, Chinese truck imports are estimated to dip 0.5% year-on-year to $655.4 million by 2026, down from $665.7 million in 2021. Since 1997, the country has witnessed an 11.6% average increase in demand. In 2021, it ranked 11th, with Belgium overtaking it at $665.7 million. The US, Japan, and Germany took the top three spots.
China Truck Market Data and Forecasts
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