HS Icon Diesel powered trucks weighing < 5 tonnes in  Flag United States

2019
Exports | Imports
: $1.08B | $2.36B, World Rnk 14 / 166
Flag Rnk 246 / 4634 | World Rnk 8 / 217
Flag Rnk 159 / 4597

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $8.65M | $16.8M, Chad |  South Africa

2019
ECONOMIC COMPLEXITY of United States
: 1.59, Rnk 9 / 147

2019
PRODUCT COMPLEXITY  IN Diesel powered trucks weighing < 5 tonnes
: 0.033, Rnk 1497 / 2764

Exports: In 2019, United States exported $1.08B in Diesel powered trucks weighing < 5 tonnes, making it the 14th largest exporter of Diesel powered trucks weighing < 5 tonnes in the world. At the same year, Diesel powered trucks weighing < 5 tonnes was the 246th most exported product in United States. The main destination of Diesel powered trucks weighing < 5 tonnes exports from United States are: Canada ($826M), Israel ($53.2M), Australia ($39.3M), Belgium ($25.6M), and Mexico ($13.2M).

The fastest growing export markets for Diesel powered trucks weighing < 5 tonnes of United States between 2018 and 2019 were Chad ($8.65M), United Arab Emirates ($8.58M), and Kuwait ($5.24M).

Imports: In 2019, United States imported $2.36B in Diesel powered trucks weighing < 5 tonnes, becoming the 8th largest importer of Diesel powered trucks weighing < 5 tonnes in the world. At the same year, Diesel powered trucks weighing < 5 tonnes was the 159th most imported product in United States. United States imports Diesel powered trucks weighing < 5 tonnes primarily from: Mexico ($2.08B), Germany ($231M), Canada ($17M), South Africa ($16.9M), and United Arab Emirates ($1.58M).

The fastest growing import markets in Diesel powered trucks weighing < 5 tonnes for United States between 2018 and 2019 were South Africa ($16.8M), Canada ($3.47M), and United Arab Emirates ($1.46M).

Tariffs: In 2017, the average tariff for United States in Diesel powered trucks weighing < 5 tonnes was 16.3%. The countries with the highest import tariffs for Diesel powered trucks weighing < 5 tonnes were Cote d'Ivoire (Most Favoured Nation duty rate treatement, 25%), Algeria (Most Favoured Nation duty rate treatement, 25%), Egypt (Most Favoured Nation duty rate treatement, 25%), Eritrea (Most Favoured Nation duty rate treatement, 25%), and Western Sahara (Most Favoured Nation duty rate treatement, 25%).

Latest Trends (May 2021)

#permalink to section

Overview: In May 2021 United States' Diesel powered trucks weighing < 5 tonnes exports accounted up to $150M and imports accounted up to $754M, resulting in a negative trade balance of $604M. Between May 2020 and May 2021 the exports of United States'   Diesel powered trucks weighing < 5 tonnes have increased by $138M (1.17k%) from $11.8M to $150M, while imports increased by $749M (13.9k%) from $5.4M to $754M.

Destinations: In May 2021, Diesel powered trucks weighing < 5 tonnes were exported mostly to Canada ($126M), Israel ($9.36M), Italy ($3.99M), Switzerland ($2.54M), and Belgium ($1.54M), and were imported mostly from Mexico ($753M), Germany ($1.26M), United Kingdom ($162k), Australia ($74.3k), and Japan ($26.1k).

Growth: In May 2021, the increase in Diesel powered trucks weighing < 5 tonnes's year-by-year exports was explained primarily by an increase in exports to Canada ($116M or 1.18k%), Israel ($7.56M or 420%), and Mexico ($1.02M or 8.2k%). In May 2021, the increase in Diesel powered trucks weighing < 5 tonnes's year-by-year imports was explained primarily by an increase in imports from Mexico ($747M or 14.2k%) and Germany ($1.26M or 16.9k%).

Subnational Monthly Trade

#permalink to section
Time Scale
Flow
Value

EXPORT GROWTH (May 2020 - May 2021): $138M, (1.17k%)

IMPORT GROWTH (May 2020 - May 2021): $749M, (13.9k%)

MAIN EXPORTER (May 2021): Michigan, $80.6M

MAIN DESTINATION (May 2021): Canada, $126M

This section shows Diesel powered trucks weighing < 5 tonnes's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Diesel powered trucks weighing < 5 tonnes over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Historical Data

#permalink to section
Value

EXPORTS (2019): $1.08B

IMPORTS (2019): $2.36B

NET TRADE (2019): -$1.28B

In 2019, United States exported $1.08B in Diesel powered trucks weighing < 5 tonnes. The main destinations of United States exports on Diesel powered trucks weighing < 5 tonnes were Canada ($826M), Israel ($53.2M), Australia ($39.3M), Belgium ($25.6M), and Mexico ($13.2M).

In 2019, United States imported $2.36B in Diesel powered trucks weighing < 5 tonnes, mainly from Mexico ($2.08B), Germany ($231M), Canada ($17M), South Africa ($16.9M), and United Arab Emirates ($1.58M).

Explore Visualizations

IN 2019, United States HAD A POSITIVE NET TRADE IN Diesel powered trucks weighing < 5 tonnes WITH:

IN 2019, United States HAD A NEGATIVE NET TRADE IN Diesel powered trucks weighing < 5 tonnes WITH:

Flow

THE FASTEST GROWING Diesel powered trucks weighing < 5 tonnes EXPORT MARKETS FOR United States WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diesel powered trucks weighing < 5 tonnes BY United States WERE (2018 - 2019):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2018, United States's main exporting competitors in Diesel powered trucks weighing < 5 tonnes were:

In 2018, United States's main importing competitors in Diesel powered trucks weighing < 5 tonnes were:

Explore Visualizations

Tariffs by Country

#permalink to section

In 2017, the average tariff for United States in Diesel powered trucks weighing < 5 tonnes was 16.3%.

The countries with the highest tariffs for Diesel powered trucks weighing < 5 tonnes in United States were Cote d'Ivoire (Most Favoured Nation duty rate treatement, 25%), Algeria (Most Favoured Nation duty rate treatement, 25%), Egypt (Most Favoured Nation duty rate treatement, 25%), Eritrea (Most Favoured Nation duty rate treatement, 25%), and Western Sahara (Most Favoured Nation duty rate treatement, 25%).