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Parts for cranes and excavators: top exporters and importers (2024)

In 2024, world trade in parts for cranes and excavators totaled $68.7 billion (10.2 million tonnes). The top exporters were China (22%), Germany (10%) and the United States (9%); the top importers were the United States (17%), Germany (7%) and Canada (4%). Compared with 2019, the value rose 12%.

Summary

World trade
$68.7billion
Tonnes
10.2million tonnes
Price per tonne
$6,746
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$15.2 billion · 22.1%
  2. Germany$6.6 billion · 9.6%
  3. United States$6.4 billion · 9.4%
  4. Italy$3.9 billion · 5.8%
  5. Japan$2.5 billion · 3.6%
  6. Canada$2.2 billion · 3.2%
  7. South Korea$2.1 billion · 3.1%
  8. Mexico$2.1 billion · 3%
  9. France$1.9 billion · 2.8%
  10. Sweden$1.8 billion · 2.6%
  11. Netherlands$1.6 billion · 2.3%
    re-exports
  12. Poland$1.6 billion · 2.3%
  13. United Kingdom$1.5 billion · 2.3%
  14. India$1.5 billion · 2.2%
  15. Austria$1.4 billion · 2%
  16. Czechia$1.3 billion · 1.9%
  17. Spain$1.2 billion · 1.8%
  18. Belgium$1.1 billion · 1.6%
    re-exports
  19. United Arab Emirates$1.1 billion · 1.5%
  20. Singapore$915 million · 1.3%
    re-exports

Top importers

  1. United States$11.4 billion · 16.6%
  2. Germany$4.6 billion · 6.8%
  3. Canada$2.9 billion · 4.2%
  4. France$2.8 billion · 4.1%
  5. Japan$2.3 billion · 3.3%
  6. Saudi Arabia$2.2 billion · 3.2%
  7. United Kingdom$2.2 billion · 3.2%
  8. Australia$2.1 billion · 3.1%
  9. Italy$1.8 billion · 2.6%
  10. India$1.7 billion · 2.5%
  11. Netherlands$1.6 billion · 2.3%
    re-exports
  12. China$1.6 billion · 2.3%
  13. Singapore$1.5 billion · 2.3%
    re-exports
  14. Indonesia$1.3 billion · 1.9%
  15. Austria$1.3 billion · 1.9%
  16. Mexico$1.3 billion · 1.9%
  17. Russia$1.2 billion · 1.8%
  18. United Arab Emirates$1.2 billion · 1.8%
  19. Brazil$1.2 billion · 1.8%
  20. Belgium$1.1 billion · 1.6%
    re-exports

Trend

Who sells it

China has been the top exporter since 2016

Value in USD billions. The five largest exporters in 2024.

  • China 15.2
  • Germany 6.6
  • United States 6.4
  • Italy 3.9
  • Japan 2.5

Source: CEPII BACI

Show the numbers
Country19952024
China0.115.2
Germany2.66.6
United States3.66.4
Italy1.23.9
Japan1.92.5

Price

Implied price

The price per tonne stayed close to $6,746 since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $6,746

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$6,560
1996$5,642
1997$5,802
1998$5,744
1999$5,343
2000$5,702
2001$5,629
2002$5,637
2003$6,058
2004$6,109
2005$6,656
2006$6,589
2007$7,472
2008$8,027
2009$8,921
2010$7,958
2011$7,791
2012$8,229
2013$7,744
2014$8,187
2015$7,296
2016$7,368
2017$6,103
2018$6,152
2019$6,118
2020$6,250
2021$6,096
2022$6,221
2023$6,913
2024$6,746

What it includes

  • 8431 · Parts for cranes and excavators

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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