Global Truck Trends in 2024
Truck is part of Commercial Vehicle and includes a number of sub-sectors such as Medium Truck and Heavy Truck. You may also be interested in Bus.
Global truck exports are projected to reach approximately $148 billion by 2028, up from $142 billion in 2023. This represents an average annual growth rate of 1.4%. Since 2019, the global supply has increased by about 1.9% annually. In 2023, Mexico emerged as the leading exporter of trucks, with exports valued at around $27 billion. The United States, Germany, and France followed, ranking second, third, and fourth respectively in truck exports. Notably, Guyana experienced a significant increase of 35.7% year-over-year in its truck export figures. Conversely, Cyprus saw a substantial decline, with a decrease of 37.7% annually since 2019.
Top 10 countries
In 2024 major markets in the Truck Industry were:
Truck Market Data and Forecasts
How much the Truck industry is expected to grow to 2028?
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More in Truck MarketGlobal Truck Statistics
- Truck Import 191 countries (Africa, Sub-Saharan Africa, Asia...)
- Truck Export 183 countries (Africa, Sub-Saharan Africa, Asia...)
- Industrial Equipment Import 192 countries (Africa, Sub-Saharan Africa, Asia...)
- Industrial Equipment Export 189 countries (Asia, Africa, Latin America...)
- Diesel Import 206 countries (Africa, Sub-Saharan Africa, Asia...)
- Truck Registration 49 countries (Europe, Northern Europe, Western Europe...)
- Diesel Export 205 countries (Africa, Sub-Saharan Africa, Europe...)
- Tractor Import 191 countries (Africa, Sub-Saharan Africa, Latin America...)
- Vehicle Import 198 countries (Asia, Europe, Southeast Asia...)
- Tractor Export 177 countries (Africa, Sub-Saharan Africa, Asia...)