Key Market Indicators
Samoa's truck import market is projected to see significant growth, with expectations to reach approximately $13 million by 2028. This marks an increase from around $11 million in 2023, reflecting a compound annual growth rate (CAGR) of 2.8%. Notably, Samoan demand for trucks has surged by 3.8% annually since 2014. In stark contrast, Samoan truck exports are on a downward trajectory. The export market is expected to fall to about $22,000 by 2028, down from $24,000 in 2023, indicating a 1.1% annual decrease in CAGR. Since 2014, the country's truck supply has diminished by 6% each year. In the global ranking for truck exports in 2023, Samoa was positioned at number 95, just behind Greenland, which had exports valued at $24,000. Leading the rankings were the United States, Germany, and France, holding the second, third, and fourth spots respectively.