Introduction
The global forklift market has been experiencing significant growth over the past few years, with the demand for forklifts increasing in various industries such as logistics, construction, and manufacturing. As a result, the export of forklifts has become a lucrative business for many countries around the world. In this report, we will analyze the top 10 forklift exporting countries in 2025 based on data-driven insights and industry trends.
1. China
Overview
China has been the largest exporter of forklifts for several years, dominating the global market with its competitive pricing and high-quality products. The country’s strong manufacturing capabilities and extensive distribution networks have enabled it to export a large volume of forklifts to various countries around the world.
Financial Data
In 2025, China’s forklift exports are projected to reach a record high of $5 billion, representing a significant increase compared to previous years. The growth in exports can be attributed to the country’s focus on technological innovation and efficiency in production processes.
Industry Insights
Chinese forklift manufacturers such as Hangcha Group and Lonking Holdings Limited are leading players in the global market, offering a wide range of forklift models to meet the diverse needs of customers. The country’s emphasis on research and development has also contributed to the success of its forklift industry.
2. Japan
Overview
Japan is another major player in the forklift export market, known for its advanced technology and precision engineering. The country’s forklifts are highly regarded for their reliability and performance, making them popular choices for businesses worldwide.
Financial Data
Japan’s forklift exports are expected to reach $3.5 billion in 2025, reflecting steady growth in the industry. The country’s focus on innovation and sustainability has helped it maintain a competitive edge in the global market.
Industry Insights
Companies like Toyota Industries Corporation and Komatsu Ltd. are key players in Japan’s forklift industry, known for their cutting-edge technology and efficient production processes. The country’s commitment to environmental sustainability has also led to the development of eco-friendly forklift models.
3. United States
Overview
The United States is a significant player in the global forklift market, with a strong domestic demand for forklifts and a well-established manufacturing sector. The country’s forklifts are known for their durability and versatility, making them popular choices for various industries.
Financial Data
In 2025, the United States is projected to export forklifts worth $2.8 billion, reflecting steady growth in the industry. The country’s emphasis on innovation and automation has contributed to the success of its forklift exports.
Industry Insights
Leading companies in the US forklift industry include Hyster-Yale Materials Handling, Inc. and Crown Equipment Corporation, known for their robust forklift models and comprehensive service offerings. The country’s focus on safety and ergonomic design has also set it apart in the global market.
4. Germany
Overview
Germany is a key player in the European forklift market, known for its engineering excellence and high-quality manufacturing standards. The country’s forklifts are renowned for their precision and efficiency, making them popular choices for businesses in Europe and beyond.
Financial Data
Germany’s forklift exports are expected to reach $2.5 billion in 2025, reflecting consistent growth in the industry. The country’s focus on innovation and sustainability has helped it maintain a competitive edge in the global market.
Industry Insights
Companies like Kion Group and Jungheinrich AG are leading players in Germany’s forklift industry, offering a wide range of forklift models to meet the diverse needs of customers. The country’s emphasis on automation and digitalization has also contributed to the success of its forklift exports.
5. South Korea
Overview
South Korea is a rising star in the global forklift market, known for its technological innovation and agile manufacturing processes. The country’s forklifts are gaining popularity for their advanced features and competitive pricing, making them attractive options for businesses worldwide.
Financial Data
In 2025, South Korea’s forklift exports are projected to reach $2 billion, representing a significant increase compared to previous years. The country’s focus on research and development has enabled it to produce cutting-edge forklift models that meet the evolving needs of customers.
Industry Insights
Leading companies in South Korea’s forklift industry include Doosan Corporation and Hyundai Heavy Industries Co., known for their innovative designs and efficient production processes. The country’s emphasis on quality control and customer satisfaction has also contributed to its success in the global market.
6. Italy
Overview
Italy is a prominent player in the European forklift market, known for its stylish designs and advanced technology. The country’s forklifts are popular for their aesthetic appeal and performance, making them sought-after choices for businesses in Europe and beyond.
Financial Data
Italy’s forklift exports are expected to reach $1.8 billion in 2025, reflecting steady growth in the industry. The country’s focus on design and innovation has helped it maintain a competitive edge in the global market.
Industry Insights
Companies like B&B Attachments Ltd. and Carer Electric Forklifts are leading players in Italy’s forklift industry, offering a wide range of forklift models to meet the diverse needs of customers. The country’s emphasis on sustainability and energy efficiency has also set it apart in the global market.
7. Netherlands
Overview
The Netherlands is a key player in the European forklift market, known for its innovative designs and sustainable practices. The country’s forklifts are popular for their eco-friendly features and ergonomic design, making them attractive options for businesses looking to reduce their carbon footprint.
Financial Data
In 2025, the Netherlands is projected to export forklifts worth $1.5 billion, reflecting steady growth in the industry. The country’s focus on sustainability and corporate social responsibility has helped it gain a competitive edge in the global market.
Industry Insights
Leading companies in the Netherlands forklift industry include Still Materials Handling B.V. and Toyota Material Handling Europe, known for their innovative designs and commitment to sustainability. The country’s emphasis on safety and efficiency has also contributed to its success in the global market.
8. France
Overview
France is a significant player in the European forklift market, known for its elegant designs and advanced technology. The country’s forklifts are popular for their performance and reliability, making them preferred choices for businesses in Europe and beyond.
Financial Data
France’s forklift exports are expected to reach $1.3 billion in 2025, reflecting steady growth in the industry. The country’s focus on innovation and automation has helped it maintain a competitive edge in the global market.
Industry Insights
Companies like Manitou Group and Fenwick-Linde are leading players in France’s forklift industry, offering a wide range of forklift models to meet the diverse needs of customers. The country’s emphasis on sustainability and digitalization has also contributed to its success in the global market.
9. United Kingdom
Overview
The United Kingdom is a prominent player in the European forklift market, known for its innovative designs and reliable performance. The country’s forklifts are popular for their versatility and durability, making them ideal choices for businesses across various industries.
Financial Data
In 2025, the United Kingdom is projected to export forklifts worth $1.2 billion, reflecting steady growth in the industry. The country’s focus on sustainability and customer satisfaction has helped it maintain a competitive edge in the global market.
Industry Insights
Leading companies in the UK forklift industry include Linde Material Handling UK and Hyster-Yale UK Ltd., known for their innovative designs and comprehensive service offerings. The country’s emphasis on safety and efficiency has also set it apart in the global market.
10. Taiwan
Overview
Taiwan is a growing player in the global forklift market, known for its cost-effective solutions and reliable performance. The country’s forklifts are gaining popularity for their affordability and durability, making them attractive options for businesses looking to optimize their operations.
Financial Data
In 2025, Taiwan’s forklift exports are projected to reach $1 billion, representing a significant increase compared to previous years. The country’s focus on efficiency and customer satisfaction has enabled it to expand its presence in the global market.
Industry Insights
Companies like Tailift Co., Ltd. and Noveltek Industrial Manufacturing Inc. are leading players in Taiwan’s forklift industry, offering a wide range of forklift models to meet the diverse needs of customers. The country’s emphasis on cost-effective solutions and innovative designs has also contributed to its success in the global market.
In conclusion, the forklift export market is experiencing robust growth, with countries like China, Japan, and the United States leading the way. As global demand for forklifts continues to rise, these top 10 exporting countries are well-positioned to capitalize on the lucrative opportunities in the industry. With their focus on innovation, sustainability, and customer satisfaction, these countries are set to maintain their competitive edge in the global forklift market in 2025 and beyond.
