The United States leads the global export of work trucks, with the Netherlands closely trailing. Germany, France, and China hold significant market shares. Remarkable year-over-year growth rates in 2023 were seen in Saudi Arabia, Indonesia, and Israel, indicating a rising trend in these regions. Japan and Canada experienced notable declines. Over a longer period, the Compound Annual Growth Rate (CAGR) highlights steady performance across established exporters, with exceptions like Germany and the UK, which showed nominal growth.
Future trends to monitor include the impact of regulatory shifts towards more sustainable vehicle solutions, the expansion of emerging markets like Indonesia, and potential fluctuations in geopolitical relations that could affect trade dynamics.
Top countries in Export of Work Trucks Except Electrically Powered Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 26.3 | 2023 | +0.99% | +0.46% | View data |
| 2 | 2 Netherlands | 25.32 | 2023 | +4.79% | +3.94% | View data |
| 3 | 3 Germany | 9.53 | 2023 | -1.39% | +0.33% | View data |
| 4 | 4 France | 7.95 | 2023 | +2.62% | +1.1% | View data |
| 5 | 5 China | 7.69 | 2023 | +4.21% | +3.32% | View data |
| 6 | 6 Belgium | 5.02 | 2023 | +4.76% | +2.94% | View data |
| 7 | 7 Poland | 3.75 | 2023 | +5.15% | +14.61% | View data |
| 8 | 8 Russia | 3.75 | 2023 | +5.31% | +19.21% | View data |
| 9 | 9 Australia | 3.24 | 2023 | -2.24% | +14.88% | View data |
| 10 | 10 United Kingdom | 3.01 | 2023 | +3.17% | -0.21% | View data |
