Which Country Exports the Most Trucks in the World?

Motor Vehicles May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Global truck exports stood at 16M tonnes in 2016, remaining constant against the previous year level. Overall, truck exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, when it surged by 36% year-to-year. Over the period under review, global truck exports attained its maximum volume of 16M tonnes in 2014; however, from 2015 to 2016, it failed to regain its strength.

In value terms, truck exports amounted to $118B in 2016. Overall, truck exports continue to indicate a relatively flat trend pattern. Global truck export peaked of $125B in 2014; however, from 2015 to 2016, it stood at a somewhat lower level.

Top Truck Exporting Countries in the World

1. Mexico (23.4 billion USD)

2. USA (12.9 billion USD)

3. Germany (10.3 billion USD)

4. Japan (8.9 billion USD)

5. Thailand (6.5 billion USD)

6. France (6.4 billion USD)

7. Spain (5.8 billion USD)

8. Italy (5.2 billion USD)

9. Turkey (4.6 billion USD)

10. Belgium (3.8 billion USD)

11. Netherlands (3.1 billion USD)

12. China (2.8 billion USD)

Truck Exports By Country

In 2016, Mexico (3.2M tonnes), distantly followed by the U.S. (1.8M tonnes), Japan (1.4M tonnes), Germany (1.2M tonnes), Thailand (794K tonnes), and France (732K tonnes) were the largest exporters of truck, together mixed up 58% of total exports. The following exporters - Turkey (629K tonnes), Italy (624K tonnes), Spain (613K tonnes), Belgium (573K tonnes), China (449K tonnes), and the Netherlands (424K tonnes) together made up 21% of total exports.

From 2007 to 2016, the most notable growth rate of truck exports, among the main exporting countries, was attained by Italy (+18.3% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Mexico ($23B), the U.S. ($13B) and Germany ($10B) constituted the countries with the highest levels of exports in 2016, together accounting for 39% of global exports.

Mexico (+11.2% per year) had the highest rates of growth with regard to the truck exports, among the main exporting countries, over the last 9 years, while the other global leaders experienced more modest paces of growth.

Truck Export Prices By Country

In 2016, the average export price for truck amounted to $7,524 per tonne, picking up by 3% against the previous year. Overall, truck export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, when export price increased by 11% y-o-y. Global truck export peaked of $8,048 per tonne in 2013; however, from 2014 to 2016, it failed to regain its strength.

There were significant differences in the average export prices amongst major exporting countries. In 2016, the country with the highest export prices was Spain ($9,497 per tonne), while China ($6,288 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of truck export prices was attained by Mexico (+5.7% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global truck market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • truck market share
  • truck prices
  • truck industry
  • truck sales
  • truck import
  • truck export
  • truck market forecast
  • truck price forecast
  • key truck producers

All data provided in this article covers the following product: HS Code 8704 - Vehicles; for the transport of goods.

Source: World: Trucks - Market Report. Analysis and Forecast to 2025