The dollar value for exported trucks reflects a -5.5% decrease since 2016 and a -19.4% drop from 2019 to 2020.
Trucks represent an essential means of transportation for people. As an economic entity, trucks also serve a critical role in the flow of international trade of goods around the globe.
The 5 biggest exporters of trucks are Mexico, United States, Germany, France and Japan. Collectively, that cohort of competitors generated over half (55.9%) of the overall value of exported trucks during 2020.
From a continental perspective, the value of trucks exported from Europe totaled $42 billion in 2020 or 38.3% of the world’s total. North America accounted for 36.4% of globally exported trucks while another 19.1% came from Asia.
Smaller percentages originated from Latin America (3.5%) excluding Mexico but including the Caribbean, Africa (2.6%) and Oceania (0.1%) mostly Australia.
For research purposes, the 4-digit Harmonized Tariff System code prefix is 8704 for trucks, technically transportation vehicles including chassis with engine and cab.
Trucks Exports by Country
Countries
Below are the 15 countries that exported the highest dollar value worth of trucks during 2020.
- Mexico: US$24.3 billion (22.2% of exported trucks)
- United States: $14 billion (12.8%)
- Germany: $9.6 billion (8.7%)
- France: $6.9 billion (6.3%)
- Japan: $6.6 billion (6%)
- Thailand: $4.9 billion (4.5%)
- Spain: $4.5 billion (4.1%)
- Turkey: $4.2 billion (3.8%)
- Italy: $3.7 billion (3.3%)
- Poland: $3.5 billion (3.2%)
- China: $3 billion (2.8%)
- South Africa: $2.8 billion (2.5%)
- Netherlands: $2.6 billion (2.4%)
- Argentina: $2.5 billion (2.2%)
- Belgium: $2 billion (1.9%)
By value, the listed 15 countries shipped 86.1% of exported trucks in 2020.
Among the above top truck exporters, the sole gainer since 2019 were Belgium via its 7% gain.
Those countries that posted declines in their exported trucks sales year over year were led by: Thailand (down -34.5%), Italy (down -25.4%), Spain (down -22.7%), Japan (down -22.2%) and South Africa (down -21.7%).
Advantages
The following countries posted the highest positive net exports for truck during 2020. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the surplus between the value of each country’s exported truck and its import purchases for that same commodity.
- Mexico: US$23.3 billion (net export surplus down -4.6% since 2019)
- Japan: $6.1 billion (down -23.7%)
- Thailand: $4.8 billion (down -34.5%)
- Turkey: $3.3 billion (down -24.4%)
- Germany: $2.9 billion (down -13.3%)
- Spain: $2.7 billion (down -16.2%)
- South Africa: $2.3 billion (down -20.1%)
- Argentina: $1.92 billion (down -45.5%)
- Poland: $1.89 billion (down -2.3%)
- China: $1.8 billion (down -25.1%)
- Italy: $1.6 billion (down -5.5%)
- France: $745.9 million (down -20.3%)
- Austria: $727.7 million (up 14.2%)
- South Korea: $721.9 million (down -39.3%)
- Netherlands: $516.3 million (up 16.6%)
Once again, Mexico generated the highest surplus in the international trade of trucks. In turn, this positive cashflow confirms strong Mexican competitive advantages for this specific product category.
Opportunities
The following countries posted the highest negative net exports for truck during 2020. Investopedia defines net exports as the value of a country’s total exports minus the value of its total imports. Thus, the statistics below present the deficit between the value of each country’s imported truck purchases and its exports for that same commodity.
- United States: -US$12 billion (net export deficit down -25% since 2019)
- Canada: -$10.2 billion (down -5%)
- Australia: -$5.7 billion (down -8%)
- United Kingdom: -$4.3 billion (down -38%)
- Chile: -$1.2 billion (down -37.1%)
- Philippines: -$1.14 billion (down -39.4%)
- Switzerland: -$1.06 billion (down -17.4%)
- Norway: -$1 billion (down -25.4%)
- Russia: -$895.8 million (down -41.8%)
- United Arab Emirates: -$840.3 million (up 831.9%)
- Saudi Arabia: -$821.6 million (down -14.5%)
- New Zealand: -$821.4 million (down -30.7%)
- Belgium: -$803 million (down -40.2%)
- Brazil: -$796.2 million (down -46.8%)
- Peru: -$783.8 million (down -23.5%)
The United States of America in incurring the highest deficit in the international trade of trucks in 2020. In turn, this negative cashflow highlights America’s competitive disadvantage producing this specific product category but also signals opportunities for competitive truck-supplying countries that can alternatively capture the powerful demand.
Companies
Truck Exporting Companies
Searchable List of Truck Exporting Countries
The 100 key exporters highlighted in the automated database below represent 99.99% of the overall value for globally exported trucks in 2020.
| Rank | Exporter | Truck Exports (US$) | 2019-20 |
|---|---|---|---|
| 1. | Mexico | $24,336,274,000 | -8.2% |
| 2. | United States | $14,007,618,000 | -18% |
| 3. | Germany | $9,590,876,000 | -12.7% |
| 4. | France | $6,883,679,000 | -15.3% |
| 5. | Japan | $6,573,877,000 | -22.2% |
| 6. | Thailand | $4,931,818,000 | -34.5% |
| 7. | Spain | $4,487,641,000 | -22.7% |
| 8. | Turkey | $4,197,162,000 | -14.6% |
| 9. | Italy | $3,654,807,000 | -25.4% |
| 10. | Poland | $3,535,150,000 | -10.6% |
| 11. | China | $3,027,321,000 | -14.4% |
| 12. | South Africa | $2,765,673,000 | -21.7% |
| 13. | Netherlands | $2,648,138,000 | -8.4% |
| 14. | Argentina | $2,456,749,000 | -38.5% |
| 15. | Belgium | $2,043,726,000 | +7% |
| 16. | Austria | $1,794,764,000 | -6% |
| 17. | Canada | $1,612,454,000 | -66% |
| 18. | Sweden | $1,523,760,000 | -19.7% |
| 19. | United Kingdom | $1,515,173,000 | -17.9% |
| 20. | South Korea | $1,187,633,000 | -22.7% |
| 21. | Brazil | $1,123,635,000 | -24.6% |
| 22. | Portugal | $968,021,000 | -5.9% |
| 23. | Finland | $697,428,000 | -2.6% |
| 24. | India | $613,071,000 | -38.3% |
| 25. | Belarus | $469,233,000 | -50.8% |
| 26. | Hungary | $316,428,000 | -10.4% |
| 27. | Russia | $303,112,000 | -23.5% |
| 28. | Slovakia | $274,917,000 | +23.7% |
| 29. | Norway | $223,864,000 | +23.5% |
| 30. | Czech Republic | $194,399,000 | +1.4% |
| 31. | Denmark | $177,970,000 | -16.3% |
| 32. | Indonesia | $168,361,000 | +60.4% |
| 33. | Switzerland | $157,093,000 | -8.6% |
| 34. | Australia | $119,642,000 | -26.1% |
| 35. | Slovenia | $107,074,000 | -29.9% |
| 36. | Estonia | $99,594,000 | +4.4% |
| 37. | Ireland | $77,110,000 | +32.3% |
| 38. | Uruguay | $74,078,000 | -36.1% |
| 39. | Lithuania | $65,128,000 | -41.9% |
| 40. | Colombia | $63,073,000 | -51.2% |
| 41. | Luxembourg | $52,358,000 | -3.5% |
| 42. | United Arab Emirates | $47,044,000 | -95.5% |
| 43. | Serbia | $38,952,000 | -10% |
| 44. | Croatia | $37,989,000 | +29.1% |
| 45. | Latvia | $30,242,000 | -20.6% |
| 46. | Kazakhstan | $29,584,000 | +113.2% |
| 47. | Singapore | $29,563,000 | -50.1% |
| 48. | Qatar | $29,261,000 | -10.7% |
| 49. | Ecuador | $27,271,000 | -24.1% |
| 50. | Chile | $24,860,000 | +27.5% |
| 51. | Bulgaria | $24,809,000 | -42.2% |
| 52. | Namibia | $24,258,000 | -15.4% |
| 53. | Zambia | $22,455,000 | +7.6% |
| 54. | Taiwan | $20,494,000 | +9.3% |
| 55. | Romania | $20,129,000 | +10% |
| 56. | Israel | $17,009,000 | -6.7% |
| 57. | Malaysia | $16,670,000 | +30.7% |
| 58. | Guatemala | $15,471,000 | -15.4% |
| 59. | Senegal | $12,455,000 | -23.6% |
| 60. | Kenya | $12,198,000 | -32.7% |
| 61. | Hong Kong | $11,904,000 | -21.3% |
| 62. | Uganda | $11,613,000 | +9.2% |
| 63. | Sri Lanka | $11,207,000 | +54% |
| 64. | Uzbekistan | $10,827,000 | +34.3% |
| 65. | Botswana | $8,561,000 | -23.8% |
| 66. | Lebanon | $7,311,000 | +471.6% |
| 67. | Jordan | $7,259,000 | -25.2% |
| 68. | Bolivia | $5,994,000 | +65.9% |
| 69. | Morocco | $5,904,000 | +14.2% |
| 70. | Panama | $5,552,000 | -25.3% |
| 71. | Bosnia/Herzegovina | $5,463,000 | -3.4% |
| 72. | Guyana | $5,239,000 | 0% |
| 73. | Democr. Rep. Congo | $4,694,000 | -38.4% |
| 74. | El Salvador | $4,624,000 | +178.2% |
| 75. | Burkina Faso | $4,547,000 | -34.5% |
| 76. | Greece | $4,331,000 | -39.2% |
| 77. | Albania | $3,871,000 | +21406% |
| 78. | Ethiopia | $3,836,000 | -57% |
| 79. | Niger | $3,192,000 | +358.6% |
| 80. | Peru | $2,928,000 | -6.9% |
| 81. | Eswatini | $2,715,000 | +59.6% |
| 82. | Tunisia | $2,601,000 | -80.4% |
| 83. | Honduras | $2,341,000 | +4.7% |
| 84. | Montenegro | $1,720,000 | -3.2% |
| 85. | Lesotho | $1,548,000 | -33% |
| 86. | North Macedonia | $1,515,000 | -12.7% |
| 87. | Iceland | $1,481,000 | -64.8% |
| 88. | Togo | $1,480,000 | -87.2% |
| 89. | Zimbabwe | $1,405,000 | +4.8% |
| 90. | Cyprus | $1,398,000 | -66.2% |
| 91. | Vietnam | $1,297,000 | -51.6% |
| 92. | Saudi Arabia | $1,295,000 | -53.3% |
| 93. | Pakistan | $1,278,000 | -63.1% |
| 94. | Ukraine | $1,253,000 | +27.6% |
| 95. | Congo | $1,252,000 | -47.9% |
| 96. | Malawi | $1,241,000 | -31.1% |
| 97. | Mozambique | $1,072,000 | +105.4% |
| 98. | Curaçao | $990,000 | +17.4% |
| 99. | Mali | $785,000 | -91.7% |
| 100. | Nicaragua | $776,000 | -19.8% |
You can change the presentation order by clicking the triangle icon at the top of any of the above columns. An entry of 0% in the right-most column means that 2019 data was unavailable.
Truck Exporting Companies
According to Forbes Global 2000 rankings, the following car and truck producing companies are among the top 100 largest companies in the world.
- Toyota Motor (Japan)
- Volkswagen Group (Germany)
- Daimler (Germany)
- Ford Motor (United States)
- BMW Group (Germany)
- General Motors (United States)
- Honda Motor (Japan)
- Hyundai Motor (South Korea)
- Nissan Motor (Japan)
- SAIC Motor (China)
The above corporations are presented in the same order as they appear in the Forbes listing.
Searchable List of Truck Exporting Countries in 2020
You can change the presentation order by clicking the triangle icon at the top of the columns. An entry of 0% in the right-most column means 2019 data was unavailable.
| Rank | Exporter | Truck Exports (US$) | 2019-20 |
|---|---|---|---|
| 1. | Mexico | $24,336,274,000 | -8.2% |
| 2. | United States | $14,007,618,000 | -18% |
| 3. | Germany | $9,590,876,000 | -12.7% |
| 4. | France | $6,883,679,000 | -15.3% |
| 5. | Japan | $6,573,877,000 | -22.2% |
| 6. | Thailand | $4,931,818,000 | -34.5% |
| 7. | Spain | $4,487,641,000 | -22.7% |
| 8. | Turkey | $4,197,162,000 | -14.6% |
| 9. | Italy | $3,654,807,000 | -25.4% |
| 10. | Poland | $3,535,150,000 | -10.6% |
| 11. | China | $3,027,321,000 | -14.4% |
| 12. | South Africa | $2,765,673,000 | -21.7% |
| 13. | Netherlands | $2,648,138,000 | -8.4% |
| 14. | Argentina | $2,456,749,000 | -38.5% |
| 15. | Belgium | $2,043,726,000 | +7% |
| 16. | Austria | $1,794,764,000 | -6% |
| 17. | Canada | $1,612,454,000 | -66% |
| 18. | Sweden | $1,523,760,000 | -19.7% |
| 19. | United Kingdom | $1,515,173,000 | -17.9% |
| 20. | South Korea | $1,187,633,000 | -22.7% |
| 21. | Brazil | $1,123,635,000 | -24.6% |
| 22. | Portugal | $968,021,000 | -5.9% |
| 23. | Finland | $697,428,000 | -2.6% |
| 24. | India | $613,071,000 | -38.3% |
| 25. | Belarus | $469,233,000 | -50.8% |
| 26. | Hungary | $316,428,000 | -10.4% |
| 27. | Russia | $303,112,000 | -23.5% |
| 28. | Slovakia | $274,917,000 | +23.7% |
| 29. | Norway | $223,864,000 | +23.5% |
| 30. | Czech Republic | $194,399,000 | +1.4% |
| 31. | Denmark | $177,970,000 | -16.3% |
| 32. | Indonesia | $168,361,000 | +60.4% |
| 33. | Switzerland | $157,093,000 | -8.6% |
| 34. | Australia | $119,642,000 | -26.1% |
| 35. | Slovenia | $107,074,000 | -29.9% |
| 36. | Estonia | $99,594,000 | +4.4% |
| 37. | Ireland | $77,110,000 | +32.3% |
| 38. | Uruguay | $74,078,000 | -36.1% |
| 39. | Lithuania | $65,128,000 | -41.9% |
| 40. | Colombia | $63,073,000 | -51.2% |
| 41. | Luxembourg | $52,358,000 | -3.5% |
| 42. | United Arab Emirates | $47,044,000 | -95.5% |
| 43. | Serbia | $38,952,000 | -10% |
| 44. | Croatia | $37,989,000 | +29.1% |
| 45. | Latvia | $30,242,000 | -20.6% |
| 46. | Kazakhstan | $29,584,000 | +113.2% |
| 47. | Singapore | $29,563,000 | -50.1% |
| 48. | Qatar | $29,261,000 | -10.7% |
| 49. | Ecuador | $27,271,000 | -24.1% |
| 50. | Chile | $24,860,000 | +27.5% |
| 51. | Bulgaria | $24,809,000 | -42.2% |
| 52. | Namibia | $24,258,000 | -15.4% |
| 53. | Zambia | $22,455,000 | +7.6% |
| 54. | Taiwan | $20,494,000 | +9.3% |
| 55. | Romania | $20,129,000 | +10% |
| 56. | Israel | $17,009,000 | -6.7% |
| 57. | Malaysia | $16,670,000 | +30.7% |
| 58. | Guatemala | $15,471,000 | -15.4% |
| 59. | Senegal | $12,455,000 | -23.6% |
| 60. | Kenya | $12,198,000 | -32.7% |
| 61. | Hong Kong | $11,904,000 | -21.3% |
| 62. | Uganda | $11,613,000 | +9.2% |
| 63. | Sri Lanka | $11,207,000 | +54% |
| 64. | Uzbekistan | $10,827,000 | +34.3% |
| 65. | Botswana | $8,561,000 | -23.8% |
| 66. | Lebanon | $7,311,000 | +471.6% |
| 67. | Jordan | $7,259,000 | -25.2% |
| 68. | Bolivia | $5,994,000 | +65.9% |
| 69. | Morocco | $5,904,000 | +14.2% |
| 70. | Panama | $5,552,000 | -25.3% |
| 71. | Bosnia/Herzegovina | $5,463,000 | -3.4% |
| 72. | Guyana | $5,239,000 | 0% |
| 73. | Democr. Rep. Congo | $4,694,000 | -38.4% |
| 74. | El Salvador | $4,624,000 | +178.2% |
| 75. | Burkina Faso | $4,547,000 | -34.5% |
| 76. | Greece | $4,331,000 | -39.2% |
| 77. | Albania | $3,871,000 | +21406% |
| 78. | Ethiopia | $3,836,000 | -57% |
| 79. | Niger | $3,192,000 | +358.6% |
| 80. | Peru | $2,928,000 | -6.9% |
| 81. | Eswatini | $2,715,000 | +59.6% |
| 82. | Tunisia | $2,601,000 | -80.4% |
| 83. | Honduras | $2,341,000 | +4.7% |
| 84. | Montenegro | $1,720,000 | -3.2% |
| 85. | Lesotho | $1,548,000 | -33% |
| 86. | North Macedonia | $1,515,000 | -12.7% |
| 87. | Iceland | $1,481,000 | -64.8% |
| 88. | Togo | $1,480,000 | -87.2% |
| 89. | Zimbabwe | $1,405,000 | +4.8% |
| 90. | Cyprus | $1,398,000 | -66.2% |
| 91. | Vietnam | $1,297,000 | -51.6% |
| 92. | Saudi Arabia | $1,295,000 | -53.3% |
| 93. | Pakistan | $1,278,000 | -63.1% |
| 94. | Ukraine | $1,253,000 | +27.6% |
| 95. | Congo | $1,252,000 | -47.9% |
| 96. | Malawi | $1,241,000 | -31.1% |
| 97. | Mozambique | $1,072,000 | +105.4% |
| 98. | Curaçao | $990,000 | +17.4% |
| 99. | Mali | $785,000 | -91.7% |
| 100. | Nicaragua | $776,000 | -19.8% |
See also Car Exports by Country, Automotive Parts Exports by Country and Best Global Consumer Markets for Selling Imported Cars
Research Sources:
Central Intelligence Agency, The World Factbook Field Listing: Exports – Commodities. Accessed on August 6, 2021
Forbes Global 2000 rankings, The World’s Biggest Public Companies. Accessed on August 6, 2021
International Trade Centre, Trade Map. Accessed on August 6, 2021
Investopedia, Net Exports Definition. Accessed on August 6, 2021
