Supposedly the regulations we have legislated ourselves into mean no compact trucks anymore for us. Which does suck. However, in the case of conventional pickups (two piece bodies, bed+cab, ladder frames, live rear axle, etc.) the amount of parts involved and the steps taken to build them means that they don't scale down much in initial price based on size. It's a lot like tools. A 1/4" drive 10mm swivel socket is easily less than half the girth of a 3/8" drive 10mm swivel socket, yet they cost almost as much. Why? Because it took just as much time and effort and processes to make it. The cost of the raw metal is the cheap part.
When I bought my 1993 F150 new, it was $12,600. 2WD, regular cab, long (8ft) bed. Base engine (6cyl), base transmission (5sp). A Ranger, configured the same way, was $9900. That was a 4 cyl, with less than half the displacement, the same basic 5sp manual, a bed a foot shorter, no second fuel tank (the F150s came standard with them), the Ranger's long (7ft) bed was extra (F150 longbed was the same price as the short bed on regular cab trucks, because Ford simply built SO MANY that way). Both trucks had the same $1000 A/C option, but everything on the F150 was substantially bigger. So, for less than $3k more, I got a LOT more truck. Fuel economy was worse, but not substantially so, and the F150 could pull most anything I'd ever want or need to pull, the Ranger couldn't.
I really think other parts of the world, where compact trucks are common and still available, are just so because full sized trucks are not sold there or the sheer size of them is impractical for older tight city streets. They also of course have many choices of smaller, more commercially minded choices like Transporter-based trucks. Rest assured, I'd happily give up my OBS Fords for one of these:
But, thanks to the Chicken Tax, VAG being pussies, and our dumbass regulations, I can't.
I'd be curious what 2025 Transporters and their truck versions cost, though.