Analysis and Studies - Products analysis

Delivery trucks: import and export

Delivery trucks are essential vehicles in the logistics and transportation industries, designed to transport goods and materials over short to medium distances efficiently. They come in a wide range of sizes and configurations, from compact vans designed for light loads and quick deliveries to larger box trucks capable of handling more substantial cargo. The choice of vehicle often depends on the nature of the cargo, its volume, and weight, as well as the specific delivery requirements: in urban settings, smaller delivery trucks are often used due to their maneuverability and ease of access to congested areas, whereas larger trucks are used for bulk deliveries to warehouses or retail stores.

The rapid growth of e-commerce has significantly impacted on the demand for delivery trucks: as online shopping becomes more prevalent, companies are under increasing pressure to provide fast and reliable delivery services.

In 2022, delivery trucks were the world's 18th most traded product, with a total trade of $157B, and between 2021 and 2022 their exports grew by 7.48%, from $146B to $157B. The trade in delivery trucks represents 0.66% of total world trade.

In 2022 the most significant exporter of delivery trucks was Mexico, with a trade of $29.1B, followed by United States ($19.5B), China ($10.4B), Japan ($10.3B), and Germany ($10.1B). Whereas the country which imported them the most was the United States, with a trade of $32.3B, ahead of Canada ($17.3B), Australia ($8.59B), United Kingdom ($7.82B), and Germany ($7.78B).

These dynamics highlight regional dependencies and varied risk management strategies in global trade. Mexico’s heavily reliance on the United States indicates strong North American integration but significant vulnerability to market shifts and also the United States focuses regionally, with 72.7% of its exports going to Canada.

In contrast, China and Japan demonstrate more diversified export strategies, targeting markets across multiple continents, reducing dependency on any single region, whereas Germany emphasizes intra-European trades.

  1. Mexico (18.5%): 86.2% United States, 9.37% Canada, 1.16% Brazil, 0.32% Australia
  2. United States (12.4%): 72.7% Canada, 6.02% Australia, 5.01% Mexico, 2.3% Chile, 1.57% Kuwait, 1.04% Belgium, 0.59% Brazil
  3. China (6.64%): 14.6% Russia, 8.82% Chile. 6.04% Vietnam, 5.56% Indonesia, 5.33% Australia, 4.35% Mexico, 2.24% Democratic Republic of Congo, 1.83% South Africa, 1.56% United Kingdom, 0.43% Germany 
  4. Japan (6.57%): 17.5% Australia, 8.28% United States, 4.9% Saudi Arabia, 4.57% Indonesia, 3.65% Vietnam, 2.99% South Africa, 2.72% Mexico, 1.6% Chile, 1.4% United Kingdom, 1.34% Russia, 1.15% Kenya, 0.24% Germany 
  5. Germany (6.45%): 13.8% France, 11.6% United Kingdom, 6.65% United States, 6.04% Netherlands, 5.62% Poland, 3.68% Italy, 2.81% Turkey, 1.76% Canada, 1.63% Mexico, 1.46% Australia, 1.41% Saudi Arabia, 0.84% Chile, 0.52% South Africa

 This graphic underlines the significance of regional proximity, cost-effectiveness, and maintaining stable supply chains in the global delivery truck market. We can observe strong regional ties, with the United States and Canada primarily sourcing from North American partners, especially Mexico, highlighting the impact of trade agreements.

Australia and the United Kingdom display more varied sourcing strategies, importing from a wider range of countries, meanwhile, Germany and the United Kingdom focus on suppliers within Europe, benefiting from established and efficient intra-European trade networks.

  1. United States (20.6%): 77.6% Mexico, 12.2% Canada, 2.64% Japan, 2.09% Germany, 2.02% United Kingdom, 1.2% Turkey, 1.2% Spain
  2. Canada (11%): 81.7% United States, 15.7% Mexico, 1.03% Germany, 0.39% Japan
  3. Australia (5.47%): 42.7% Thailand, 21% Japan, 14.1% United States, 6.46% China, 1.72% Germany, 1.69% France, 1.36% Argentina, 1.08% Mexico, 0.85% Italy, 0.81% Spain, 0.43% Poland
  4. United Kingdom (4.99%): 21.3% Turkey, 15% Germany, 14.1% France, 9.36% Spain, 8.67% South Africa, 6.43% Italy, 6.19% Poland, 2.43% Thailand, 2.08% China, 1.85% Japan. 0.31% United States
  5. Germany (4.96%): 21.9% France, 17.9% Poland, 11.8% Spain, 11.5% Italy, 4.84% South Africa, 2.75% Turkey, 0.58% China, 0.48% United States, 0.31% Japan

Between 2021 and 2022, the country which saw a fastest growth in exports was China, with an increase of $3.43B, followed by Canada ($2.66B), United States ($2.3B), Mexico ($2.18B), and Poland ($810M).

 

 

  1. China: from $6.99B to $10.4B
  2. Canada: from $1.36B to $4.03B
  3. United States: from $17.2B to $19.5B
  4. Mexico: from $26.9B to $29.1B
  5. Poland: from $3.76B to $4.57B

Whereas the fastest growing importer of delivery trucks was the United States, with an increase of $4.79B, ahead of Canada ($2.85B), Mexico ($966M), Indonesia ($933M), and Belgium ($835M).

 

 

  1. United States: from $27.5B to $32.3B
  2. Canada: from $14.5B to $17.3B
  3. Mexico: from $1.75B to $2.71B
  4. Indonesia: from $1.06B to $1.99B
  5. Belgium: from $3.78B to $4.61B

Sources: 

https://oec.world/en