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World - Trucks - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

World - Trucks - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Apr 17, 2024

Best Import Markets for Trucks Worldwide

When it comes to the global market for trucks, there are several countries that stand out as key players in terms of import value. The latest data from the IndexBox market intelligence platform reveals the top 10 countries by import value of trucks in 2023. Let's take a closer look at these top import markets and explore what makes them so significant in the truck industry.

1. United States - $39.4 Billion USD

Unsurprisingly, the United States tops the list as the world's largest import market for trucks. With an import value of $39.4 billion in 2023, the U.S. remains a major player in the global truck industry. The country's strong demand for trucks, both for personal and commercial use, drives its high import value in this sector.

2. Canada - $18.1 Billion USD

Canada comes in second place with an import value of $18.1 billion in 2023. As a neighboring country to the U.S., Canada's proximity and close trade ties make it a significant market for truck imports. The country's vast territory and heavy reliance on trucks for transportation contribute to its high demand for imported vehicles.

3. Germany - $10.4 Billion USD

Germany is Europe's largest import market for trucks, with an import value of $10.4 billion in 2023. As a major hub for automotive manufacturing and innovation, Germany's demand for trucks is driven by its strong economy and industrial sector. The country's high standards for quality and technology make it a key market for truck manufacturers around the world.

4. United Kingdom - $10.0 Billion USD

The United Kingdom holds the fourth spot on the list with an import value of $10.0 billion in 2023. Despite its relatively small size compared to other countries on the list, the UK remains a significant market for truck imports. The country's robust transportation and logistics industry fuel its demand for trucks from both domestic and foreign manufacturers.

5. Australia - $9.8 Billion USD

Australia's import market for trucks is worth $9.8 billion in 2023, making it one of the top importers of trucks in the world. The country's vast and diverse landscape, as well as its strong mining and construction sectors, contribute to its high demand for trucks. Australia's need for reliable and durable vehicles makes it an attractive market for truck manufacturers.

6. France - $8.6 Billion USD

France is a key player in the global truck import market, with an import value of $8.6 billion in 2023. The country's well-developed infrastructure and strategic location in Europe make it a major hub for the transportation and logistics industry. France's demand for trucks is driven by its diverse economy and strong consumer base.

7. Belgium - $4.9 Billion USD

Belgium ranks seventh on the list with an import value of $4.9 billion in 2023. As a central hub for trade and commerce in Europe, Belgium plays a crucial role in the import and distribution of trucks across the continent. The country's strategic location and well-connected transportation networks make it a preferred destination for truck imports.

8. Italy - $4.2 Billion USD

Italy is another key import market for trucks, with an import value of $4.2 billion in 2023. The country's strong manufacturing and automotive industry drive its demand for trucks, both for domestic use and export. Italy's reputation for quality craftsmanship and design makes it a popular market for luxury and commercial trucks.

9. Spain - $3.7 Billion USD

Spain's import market for trucks is worth $3.7 billion in 2023, placing it among the top importers of trucks in the world. The country's growing economy and infrastructure development contribute to its increasing demand for trucks. Spain's strategic location in Europe and strong ties to other major markets make it an attractive destination for truck manufacturers.

10. Netherlands - $3.4 Billion USD

Rounding out the top 10 list is the Netherlands, with an import value of $3.4 billion in 2023. As a key player in the European transportation and logistics industry, the Netherlands has a significant demand for trucks. The country's modern infrastructure and efficient supply chain management make it a prime market for truck imports.

Overall, these top import markets for trucks play a crucial role in driving the global truck industry forward. With their strong demand for vehicles and strategic positioning in the global market, these countries continue to shape the future of the truck industry. For more insights and data on the global truck market, be sure to visit the IndexBox market intelligence platform.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global truck market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 29104110 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight . 5 tonnes (excluding dumpers for off-highway use)
  • Prodcom 29104130 - Goods vehicles with a diesel or semi-diesel engine, of a gross vehicle weight > 5 tonnes but . .20 tonnes (including vans) (excluding dumpers for off-highway use, tractors)
  • Prodcom 29104140 - Goods vehicles with compression-ignition internal combustion piston engine (diesel or semi-diesel), of a gross vehicle weight > .20 tonnes (excluding dumpers designed for offhighway use)
  • Prodcom 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Ford Motor Company, Daimler Trucks North America, General Motors Truck Company, Caterpillar, Chevrolet, BAE Systems, Chrysler, Crane Carrier Company, Dodge, Lincoln Motor Company, Jeep, AM General, Western Star Trucks, Thermo King, Autocar Company, Stemco, Harsco, Inovyn

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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