2022
Exports
$7.96BWorld Rnk 2 / 223
Flag Rnk 88 / 1216
2022
PRODUCT COMPLEXITY IN Engine Parts
0.92Rnk 203 / 1025
2022
Imports
$3.25BWorld Rnk 4 / 224
Flag Rnk 104 / 1212
2022
ECONOMIC COMPLEXITY of China
1.12Rnk 22 / 133

About

Exports In 2022, China exported $7.96B in Engine Parts, making it the 2nd largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 88th most exported product in China. The main destination of Engine Parts exports from China are: United States ($1.71B), Mexico ($500M), Japan ($462M), Germany ($418M), and South Korea ($373M).

The fastest growing export markets for Engine Parts of China between 2021 and 2022 were United States ($228M), Mexico ($90.8M), and Russia ($78.7M).

Imports In 2022, China imported $3.25B in Engine Parts, becoming the 4th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 104th most imported product in China. China imports Engine Parts primarily from: Germany ($1.19B), Japan ($720M), South Korea ($376M), United States ($179M), and United Kingdom ($70.1M).

The fastest growing import markets in Engine Parts for China between 2021 and 2022 were South Korea ($53.9M), Norway ($17.3M), and Italy ($16.3M).

COMPANIES In 2023, leading companies such as Cummins Jaw Warehouse (89), General Motors (79), and Volvo (35) were at the forefront of shipping Engine Parts from China to the United States.

Latest Trends

Nov 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Engine Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7.96B
IMPORTS (2022)$3.25B
NET TRADE (2022)$4.72B

In 2022, China exported $7.96B in Engine Parts. The main destinations of China exports on Engine Parts were United States ($1.71B), Mexico ($500M), Japan ($462M), Germany ($418M), and South Korea ($373M).

In 2022, China imported $3.25B in Engine Parts, mainly from Germany ($1.19B), Japan ($720M), South Korea ($376M), United States ($179M), and United Kingdom ($70.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR China WERE (2021 - 2022):
United States$228M (15.4%)
Mexico$90.8M (22.2%)
Russia$78.7M (42.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY China WERE (2021 - 2022):
Hong Kong-$75.5M (-55.2%)
Romania-$26.3M (-31.8%)
Pakistan-$23.5M (-22.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, China's main exporting competitors in Engine Parts were:
In 2022, China's main importing competitors in Engine Parts were:

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $323M
TOP IMPORT POTENTIALJapan+ $160M

Engine Parts’s highest export potential is United States. With an export gap of $323M.   Engine Parts’s highest import potential is Japan with an import gap of $160M.

See methodology.

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