# Global Electric works truck Market 2026

> World exports of electric works truck (HS 870911) reached $589.2 million in 2024, 63% more than in 2019. China was the largest exporter with 25% of the world total, and the United States was the largest buyer.

- Publisher: Stratum Market Research
- Page: https://stratummarketresearch.com/reports/electric-works-truck-market/
- Sector: Mobility & Transport
- Scope: Global
- Updated: 2026-11-09
- Headline figure: 589.2 USD million (World exports, 2024)

## What this market covers

Electric works trucks for carrying and towing loads, used in factories, depots and stations.

Segments: Platform trucks, Tow tractors, Baggage trucks.

Typical buyers: Warehouses, Factories, Airport and station operators.

## Key figures

| Figure | Value | Year |
|---|---|---|
| World exports of electric works truck (HS 870911) were worth $589.2 million in 2024. | 589.2 USD million | 2024 |
| World exports were 63% higher in 2024 than in 2019 ($360.9 million), calculated from the annual totals. | +63 % since 2019 | 2024 |
| China was the largest exporter in 2024, with 25% of world exports ($150.1 million). | 25 % of world exports | 2024 |
| The three largest exporters, China, Germany and France, shipped 56% of world exports in 2024. | 56 % of world exports | 2024 |
| The United States was the largest importer in 2024, buying $99.0 million, or 17% of world imports. | 17 % of world imports | 2024 |
| 21 countries exported more than $1 million of this product in 2024. | 21 countries | 2024 |
| The average world export price was about $12.33 per kilogram in 2024, calculated from value and weight. | 12.33 USD per kg | 2024 |
| Countries exported 47.8 thousand tonnes of this product in 2024. | 47.8 thousand tonnes | 2024 |

## Why this market is moving now

- World trade grew 63% from 2019 to 2024, a direct read on cross-border demand.

## Largest exporting countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | China | 150.1 |
| 2 | Germany | 90.5 |
| 3 | France | 89.3 |
| 4 | United States | 68.2 |
| 5 | Canada | 39.3 |
| 6 | Italy | 32.8 |
| 7 | Japan | 27.0 |
| 8 | Netherlands | 19.4 |
| 9 | Sweden | 14.5 |
| 10 | Spain | 14.4 |

## Largest importing countries, 2024

| Rank | Country | Value (USD million) |
|---|---|---|
| 1 | United States | 99.0 |
| 2 | United Kingdom | 37.3 |
| 3 | Canada | 26.6 |
| 4 | Mexico | 26.5 |
| 5 | France | 22.0 |
| 6 | Germany | 19.4 |
| 7 | Saudi Arabia | 17.7 |
| 8 | Italy | 17.3 |
| 9 | United Arab Emirates | 16.7 |
| 10 | Spain | 16.3 |

## World exports of HS 870911, USD million

| Year | Value |
|---|---|
| 2017 | 300.0 |
| 2018 | 355.8 |
| 2019 | 360.9 |
| 2020 | 313.5 |
| 2021 | 292.6 |
| 2022 | 409.2 |
| 2023 | 580.5 |
| 2024 | 589.2 |

## Questions and answers

### How big is the global electric works truck market?

There is no single official market total. World exports of HS 870911 reached $589.2 million in 2024, a direct measure of cross-border trade.

### Which countries export the most electric works truck?

China led world exports in 2024 with 25% of the total, followed by Germany, France and the United States.

### Which countries import the most electric works truck?

The United States was the largest importer in 2024, followed by the United Kingdom, Canada and Mexico.

### Is world trade in electric works truck growing?

World exports were 63% higher in 2024 than in 2019.

### What is the average export price of electric works truck?

Dividing world export value by weight gives about $12.33 per kilogram in 2024.

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## How to cite

Stratum Market Research, "Global Electric works truck Market 2026", updated 9 Nov 2026, https://stratummarketresearch.com/reports/electric-works-truck-market/