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2023
Exports $2.89BWorld Rnk 8 / 188
Flag Rnk 207 / 1215
2023
Destination $157M Russia
2022 - 2023
FASTEST GROWING MARKET $157MKazakhstan
2023
PRODUCT COMPLEXITY IN Spark-Ignition Engines1.24Rnk 94 / 1025
2023
Imports $1.39BWorld Rnk 9 / 220
Flag Rnk 178 / 1214
2023
Origin $279M Japan
2022 - 2023
FASTEST GROWING ORIGIN $279MThailand
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $2.89B in Spark-Ignition Engines, making it the 8th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 207th most exported product in China. The main destination of Spark-Ignition Engines exports from China are: Russia ($277M), United States ($235M), Iran ($223M), Turkey ($171M), and Kazakhstan ($159M).

The fastest growing export markets for Spark-Ignition Engines of China between 2022 and 2023 were Kazakhstan ($157M), Russia ($122M), and Turkey ($74M).

Imports In 2023, China imported $1.39B in Spark-Ignition Engines, becoming the 9th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 178th most imported product in China. China imports Spark-Ignition Engines primarily from: Japan ($401M), Thailand ($390M), Austria ($117M), United States ($98.5M), and Sweden ($95.4M).

The fastest growing import markets in Spark-Ignition Engines for China between 2022 and 2023 were Thailand ($279M), Saudi Arabia ($37.4M), and Sweden ($35.6M).

COMPANIES In 2024, leading companies such as Volvo (12), Arhaus (5), and CONTINENTAL AUTOMOTIVE SYSTEMS, INC (3) were at the forefront of shipping Spark-Ignition Engines from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Spark-Ignition Engines exports accounted up to $326M and imports accounted up to $74.9M, resulting in a positive trade balance of $252M. Between December 2023 and December 2024 the exports of China's   Spark-Ignition Engines have increased by $103M (46.3%) from $223M to $326M, while imports decreased by $-29.4M (-28.2%) from $104M to $74.9M.

Destinations In December 2024, Spark-Ignition Engines were exported mostly to United Arab Emirates ($36.4M), South Korea ($28.1M), Vietnam ($24.8M), United States ($24.5M), and Russia ($18.1M), and were imported mostly from Japan ($41.2M), United States ($7.3M), Sweden ($5.83M), Austria ($4.62M), and Thailand ($4.51M).

Growth In December 2024, the increase in Spark-Ignition Engines's year-by-year exports was explained primarily by an increase in exports to South Korea ($39.5M or 2.71k%), Iran ($14.1M or 89.1%), and United Kingdom ($6.93M or 664%). In December 2024, the decrease in Spark-Ignition Engines's year-by-year imports was explained primarily by a decrease in imports from United States ($-3.97M or -33.8%), France ($-818k or -64.3%), and South Korea ($-804k or -59%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$103M(46.3%)
IMPORT GROWTH (December 2023 - December 2024)$-29.4M(-28.2%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)United Arab Emirates$36.4M

This section shows Spark-Ignition Engines's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.89B
IMPORTS (2023)$1.39B
NET TRADE (2023)$1.5B

In 2023, China exported $2.89B in Spark-Ignition Engines. The main destinations of China exports on Spark-Ignition Engines were Russia ($277M), United States ($235M), Iran ($223M), Turkey ($171M), and Kazakhstan ($159M).

In 2023, China imported $1.39B in Spark-Ignition Engines, mainly from Japan ($401M), Thailand ($390M), Austria ($117M), United States ($98.5M), and Sweden ($95.4M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR China WERE (2022 - 2023):
Kazakhstan$157M (6.85k%)
Russia$122M (78.4%)
Turkey$74M (76.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY China WERE (2022 - 2023):
United States-$237M (-50.2%)
Vietnam-$100M (-48.3%)
Belgium-$88.9M (-43.2%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Spark-Ignition Engines were:
United States $8.37B
Germany $6.24B
Japan $4.75B
In 2023, China's main importing competitors in Spark-Ignition Engines were:
United States $12.8B
Canada $5.21B
Germany $4.95B

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Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $215M
TOP IMPORT POTENTIALJapan+ $78.5M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $215M.   Spark-Ignition Engines’s highest import potential is Japan with an import gap of $78.5M.

See methodology.

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