HS4 subsector intelligence

Cranes
HS4 8426 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 84261995-2024 coverageGrowing
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$17.2BGlobal subsector value
02

Annual change

-1.2%Latest year on year
03

Exporters

174Active reporting countries
04

Importers

198Active reporting countries
05

HS6 products

9Classifications inside HS4

The subsector read

$17.2B in trade, with +8.9% annualized growth over three years.

Cranes is recorded across 4,380 active corridors, with 174 exporters and 198 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $3.7B1996: $4.0B1997: $4.1B1998: $4.0B1999: $3.9B2000: $3.9B2001: $4.0B2002: $4.2B2003: $4.9B2004: $6.7B2005: $8.5B2006: $11.0B2007: $14.6B2008: $19.6B2009: $13.6B2010: $12.4B2011: $14.3B2012: $14.9B2013: $15.8B2014: $16.0B2015: $15.2B2016: $13.9B2017: $12.9B2018: $13.9B2019: $13.4B2020: $11.5B2021: $13.3B2022: $14.4B2023: $17.3B2024: $17.2B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1ChinaCHNIndiaIND$581.6M+32%94,252 kmNo
2JapanJPNUSA, Puerto Rico and US Virgin IslandsUSA$477.0M+29.7%810,872 kmNo
3ChinaCHNRussiaRUS$467.0M+48.7%96,831 kmNo
4ChinaCHNSingaporeSGP$442.4M+9.1%93,797 kmYes
5ChinaCHNSaudi ArabiaSAU$373.9M+145.2%97,253 kmNo
6ChinaCHNIndonesiaIDN$333.0M+40.4%94,425 kmYes
7ChinaCHNSri LankaLKA$300.1M+245.5%85,091 kmNo
8GermanyDEUUSA, Puerto Rico and US Virgin IslandsUSA$268.2M-11.1%96,402 kmNo
9ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$260.5M-7.6%911,883 kmNo
10ChinaCHNUnited Arab EmiratesARE$233.8M+103.3%96,430 kmNo

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1ChinaCHN$6.2B1879
2GermanyDEU$2.2B1379
3ItalyITA$1.4B1399
4JapanJPN$1.3B1199
5AustriaAUT$976.5M989
6USA, Puerto Rico and US Virgin IslandsUSA$458.3M1419
7PolandPOL$453.9M909
8NetherlandsNLD$436.0M1269
9SpainESP$316.2M1209
10Republic of KoreaKOR$280.5M739
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$2.0B569
2IndiaIND$726.4M549
3Saudi ArabiaSAU$725.8M449
4RussiaRUS$627.9M199
5United KingdomGBR$618.9M539
6SingaporeSGP$569.3M439
7NetherlandsNLD$530.5M659
8GermanyDEU$516.3M649
9FranceFRA$484.4M569
10IndonesiaIDN$475.5M369

HS6 product coverage

The products inside HS4 8426

Six-digit classifications make the subsector specific. Browse the product workspace ↗

9 classifications shownCranes
01
Cranes: overhead travelling cranes on fixed supportHS6 842611
02
Cranes: mobile lifting frames on tyres and straddle carriersHS6 842612
03
Cranes: transporter, gantry and bridge cranesHS6 842619
04
Cranes: tower cranesHS6 842620
05
Cranes: portal or pedestal jib cranesHS6 842630
06
Cranes: self-propelled derricks and cranes, on tyres, n.e.c. in heading no. 8426HS6 842641
07
Cranes: self-propelled derricks and cranes, not on tyres, n.e.s. in heading no. 8426HS6 842649
08
Cranes and derricks: designed for mounting on road vehiclesHS6 842691
09
Cranes and derricks: for other than mounting on road vehicles, n.e.c. in heading no. 8426HS6 842699

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.