Thailand leads the global export of diesel-powered trucks weighing less than 5 tonnes, registering significant year-on-year growth of 2.53% in 2023. Europe strongly contributes with France and Germany following Thailand closely, showing growth of 3.24% and 1.41% respectively. Argentina and South Africa also stand out with above-average growth rates of 2.59% and 3.55%. Notably, Brazil has the highest growth rate at 5.5%, while China is experiencing steady growth at 1.59%. Conversely, a decline is observed in the exports from Mexico (-3.13%) and several other countries experiencing moderate to sharp decreases. Over the last five years, the compound annual growth rate (CAGR) indicates a positive trend overall but fluctuates widely among different countries.
Future trends to watch include potential increases in demand aligning with sustainable and environmentally-friendly transportation solutions, potentially affecting production and exports of diesel trucks. The transition to alternative energy sources and stricter environmental regulations may challenge some markets, while presenting opportunities for adaptation and innovation for others.
Top countries in Export of Diesel Powered Trucks Weighing Less Than 5 Tonnes by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Thailand | 8,314,800,000 | 2023 | +2.6% | +2.53% | View data |
| 2 | 2 France | 7,104,400,000 | 2023 | +3.41% | +3.24% | View data |
| 3 | 3 Germany | 6,773,500,000 | 2023 | +2.09% | +1.41% | View data |
| 4 | 4 Spain | 5,653,600,000 | 2023 | +1.89% | +1.6% | View data |
| 5 | 5 Italy | 5,373,100,000 | 2023 | +2.61% | +2.49% | View data |
| 6 | 6 Argentina | 3,799,800,000 | 2023 | +2.98% | +2.59% | View data |
| 7 | 7 South Africa | 3,696,600,000 | 2023 | +3.84% | +3.55% | View data |
| 8 | 8 Poland | 3,497,300,000 | 2023 | +4.36% | +3.77% | View data |
| 9 | 9 Belgium | 2,378,800,000 | 2023 | +2.84% | +2.16% | View data |
| 10 | 10 Mexico | 2,347,700,000 | 2023 | +1.48% | -3.13% | View data |
