As of 2024, Mexico leads the global truck exports market with a substantial share, followed by the United States and Germany. Over the past year, Mexico saw a notable growth in its export market. While countries like Poland and Belgium experienced significant increases, Japan and the United Kingdom faced declines. China and Argentina showed moderate growth, whereas smaller markets like Cyprus and Kazakhstan declined sharply. The year-on-year growth showcases fluctuating trends, with emerging markets like Guyana displaying impressive growth rates while many others showed declines.
Future trends to watch include the steady growth in emerging markets such as South Africa and Argentina, which could diversify global trade dynamics. Technological advancements and shifts towards more sustainable transport options may influence the competitive landscape. Keeping an eye on economic policies and trade relations will be crucial for anticipating changes in export shares among leading countries.
Top countries in Export of Trucks Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 19.28 | 2023 | +3.2% | +3.22% | View data |
| 2 | 2 United States | 11.91 | 2023 | +1.7% | +1.74% | View data |
| 3 | 3 Germany | 8.69 | 2023 | +1.34% | +0.66% | View data |
| 4 | 4 France | 6.8 | 2023 | +3.32% | +2.89% | View data |
| 5 | 5 Thailand | 6.07 | 2023 | +1.8% | +1.69% | View data |
| 6 | 6 Japan | 5.87 | 2023 | -0.85% | -1.93% | View data |
| 7 | 7 Spain | 4.92 | 2023 | +1.86% | +1.52% | View data |
| 8 | 8 Italy | 4.3 | 2023 | +1.78% | +1.66% | View data |
| 9 | 9 Canada | 3.31 | 2023 | +1.91% | +2.97% | View data |
| 10 | 10 Poland | 3.29 | 2023 | +4.36% | +4.25% | View data |
