Electric forklifts imports in Saudi Arabia: data, top suppliers and prices
Imports of electric forklifts by Saudi Arabia reached $82.3 million in 2024 (14.3 thousand tonnes). Its share of world imports was 1%. That is close to the 2023 level. Over 2017-2024 the trade grew strongly, by about 16% a year on average.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
Imports by year, 2017-2024
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Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $82.3M | 14.3K t |
| 2023 | $81.7M | 11.8K t |
| 2022 | $39.0M | 6.5K t |
| 2021 | $36.8M | 5.9K t |
| 2020 | $39.5M | 6.8K t |
| 2019 | $31.1M | 4.5K t |
| 2018 | $29.1M | 4.2K t |
| 2017 | $29.7M | 4.3K t |
Where Saudi Arabia imports electric forklifts from
The largest suppliers were China (39%), Germany (13%), Sweden (10%). Among the main suppliers, France grew fastest (+209% on the year before).
| Supplier country | Value | Share |
|---|---|---|
| China | $32.1M | 39% |
| Germany | $10.6M | 13% |
| Sweden | $8.4M | 10% |
| Japan | $7.1M | 8.6% |
| Italy | $6.4M | 7.8% |
| Ireland | $4.2M | 5.1% |
| Thailand | $2.8M | 3.4% |
| United Kingdom | $2.4M | 2.9% |
| France | $1.9M | 2.3% |
| United States | $1.2M | 1.5% |
Average import price per kg
The average declared value was about $5.74 per kg, close to the world average of $7.11.
Declared value divided by weight, all 2024 shipments. Prices per shipment and per company are in EximDataX.
Electric forklifts exports from Saudi Arabia
Exports of electric forklifts by Saudi Arabia reached $607 thousand in 2024 (132 tonnes). Most of it went to Bulgaria (28%), Iraq (22%), Bahrain (22%).
Who is behind these numbers in Saudi Arabia?
The shipment records behind Saudi Arabia electric forklifts imports (HS 8427.10): companies, dates, quantities and declared values.
Shipment records are in the platform
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Mirror data: built from the shipment records of the countries that trade with it.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 8427.10: Fork-lift and other works trucks: fitted with lifting or handling equipment, self-propelled by electric motor.
Common questions
What is the value of electric forklifts imported by Saudi Arabia?
Saudi Arabia imported electric forklifts worth $82.3 million in 2024, the latest year with complete public data, about 14.3 thousand tonnes. That ranks it 33rd of 211 countries worldwide, with 1% of world imports. The value was up 1% on 2023.
Which countries supply electric forklifts to Saudi Arabia?
China was the largest supplier with 39% of the value ($32.1 million), followed by Germany (13%) and Sweden (10%). The top three together account for 62%, out of 26 supplier countries in total. France grew fastest among the top ten, up 209% on the year.
What is the average import price of electric forklifts per kg?
The average declared import value was about $5.74 per kg in 2024, 19% below the world average of $7.11 per kg. Declared value divided by weight mixes every grade, so read it as a benchmark rather than a quote.
How have imports of electric forklifts to Saudi Arabia changed since 2017?
Imports went from $29.7 million in 2017 to $82.3 million in 2024, an increase of 177%. 2024 was the highest year in the period. Over 8 years the average was $46.1 million a year.
Does Saudi Arabia also export electric forklifts?
Yes. Saudi Arabia exported $607 thousand worth of this product in 2024, mainly to Bulgaria, Iraq and Bahrain. On balance Saudi Arabia is a net importer of this product, by about $81.7 million a year.
What is the HS code for electric forklifts?
The HS code for electric forklifts is subheading 8427.10. It sits in HS chapter 84 (machinery and mechanical appliances, boilers, nuclear reactors; parts thereof). The full list of codes and descriptions is on the HS 8427 page.
How can I find the companies behind this trade?
For Saudi Arabia, EximDataX reads the shipment records of the countries that trade with it and shows the companies on both sides. We can walk you through your product on a short call.
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