HS4 subsector intelligence

Fork-lift and other works trucks
HS4 8427 trade overview

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

HS4 84271995-2024 coverageRapid growth
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$32.6BGlobal subsector value
02

Annual change

+4.6%Latest year on year
03

Exporters

181Active reporting countries
04

Importers

199Active reporting countries
05

HS6 products

3Classifications inside HS4

The subsector read

$32.6B in trade, with +16.5% annualized growth over three years.

Fork-lift and other works trucks is recorded across 5,302 active corridors, with 181 exporters and 199 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: $5.1B1996: $5.2B1997: $5.3B1998: $5.6B1999: $5.9B2000: $6.3B2001: $6.2B2002: $5.9B2003: $7.0B2004: $9.0B2005: $10.7B2006: $12.4B2007: $15.4B2008: $17.1B2009: $8.3B2010: $10.2B2011: $14.5B2012: $15.3B2013: $15.3B2014: $16.3B2015: $15.2B2016: $15.4B2017: $17.4B2018: $20.1B2019: $19.9B2020: $16.1B2021: $20.6B2022: $24.8B2023: $31.6B2024: $32.6B
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
1United KingdomGBRUSA, Puerto Rico and US Virgin IslandsUSA$1.3B+51.9%35,585 kmNo
2MexicoMEXUSA, Puerto Rico and US Virgin IslandsUSA$1.2B+84.3%33,359 kmYes
3ChinaCHNRussiaRUS$962.8M+69.9%36,831 kmNo
4USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$921.5M+5.8%3556 kmYes
5JapanJPNUSA, Puerto Rico and US Virgin IslandsUSA$757.2M+223.3%310,872 kmNo
6ChinaCHNUSA, Puerto Rico and US Virgin IslandsUSA$734.5M+9.3%311,883 kmNo
7Republic of KoreaKORUSA, Puerto Rico and US Virgin IslandsUSA$718.1M+25.5%311,077 kmYes
8GermanyDEUFranceFRA$707.1M+11%3881 kmYes
9ItalyITAUSA, Puerto Rico and US Virgin IslandsUSA$612.0M+37.3%36,907 kmNo
10USA, Puerto Rico and US Virgin IslandsUSAMexicoMEX$557.2M+24.4%33,359 kmYes

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$7.8B1973
2GermanyDEU$4.7B1533
3United KingdomGBR$2.5B1503
4ItalyITA$2.4B1473
5USA, Puerto Rico and US Virgin IslandsUSA$2.4B1583
6FranceFRA$1.9B1443
7JapanJPN$1.5B1563
8SwedenSWE$1.5B1163
9MexicoMEX$1.3B563
10Republic of KoreaKOR$1.1B1393
Top importers2024 ranking
RankCountryImportsPartnersHS6
1USA, Puerto Rico and US Virgin IslandsUSA$7.3B733
2FranceFRA$1.8B643
3GermanyDEU$1.6B773
4CanadaCAN$1.6B453
5United KingdomGBR$1.5B613
6NetherlandsNLD$1.5B633
7MexicoMEX$1.1B783
8ItalyITA$1.1B613
9BelgiumBEL$1.1B493
10RussiaRUS$992.5M183

HS6 product coverage

The products inside HS4 8427

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

3 classifications shownFork-lift and other works trucks
01
Fork-lift and other works trucks: fitted with lifting or handling equipment, self-propelled by electric motorHS6 842710
02
Fork-lift and other works trucks: fitted with lifting or handling equipment, self-propelled by other than electric motorHS6 842720
03
Fork-lift and other works trucks: fitted with lifting or handling equipment, not self-propelledHS6 842790

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.