# HS 842620 Tower Cranes global trade data overview | Yugalinks

Reported global trade in tower cranes reached $1.4B in 2024, with five-year annual growth of -2.6%.

## Annual trade evidence

| Year | Global trade | Year-on-year growth | 3-year growth |
| --- | --- | --- | --- |
| 2013 | $1.6B | +3.1% | +5% |
| 2014 | $1.7B | +5.1% | +1.5% |
| 2015 | $1.6B | -3.2% | +1.6% |
| 2016 | $1.5B | -10.4% | -3% |
| 2017 | $1.5B | +2.5% | -3.8% |
| 2018 | $1.7B | +10.7% | +0.6% |
| 2019 | $1.6B | -2.6% | +3.4% |
| 2020 | $1.3B | -22.9% | -6% |
| 2021 | $1.6B | +29% | -1.1% |
| 2022 | $1.6B | -0.3% | -0.3% |
| 2023 | $1.7B | +6.9% | +11.2% |
| 2024 | $1.4B | -17.4% | -4.1% |

## Leading buyer markets

| Buyer market | Latest imports | 5-year growth | Suppliers |
| --- | --- | --- | --- |
| Russia | $125.2M | +11.3% | 6 |
| United Arab Emirates | $91.0M | +24.5% | 29 |
| Saudi Arabia | $88.3M | +44.7% | 20 |
| USA | $75.2M | -8.8% | 23 |
| China, Hong Kong Special Administrative Region | $58.9M | +32.7% | 8 |
| France | $53.5M | -10.9% | 21 |
| United Kingdom | $48.8M | -11.6% | 20 |
| Turkey | $48.2M | +107% | 15 |
| Switzerland, Liechtenstein | $48.2M | -1.2% | 11 |
| Germany | $42.8M | -21.8% | 21 |
| India | $42.7M | +14% | 13 |
| Italy | $42.3M | +9.7% | 15 |

_Source: reported merchandise trade data. Updated 2026-08-14._