Spark-Ignition Engines in China | The Observatory of Economic Complexity

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Exports In 2022, China exported $3.25B in Spark-Ignition Engines, making it the 5th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 210th most exported product in China. The main destination of Spark-Ignition Engines exports from China are: United States ($519M), India ($217M), Belgium ($201M), Vietnam ($195M), and Iran ($167M).

The fastest growing export markets for Spark-Ignition Engines of China between 2021 and 2022 were Iran ($80.5M), United States ($52.4M), and India ($49.2M).

Imports In 2022, China imported $1.01B in Spark-Ignition Engines, becoming the 12th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 218th most imported product in China. China imports Spark-Ignition Engines primarily from: Japan ($415M), United States ($152M), Thailand ($106M), Germany ($106M), and Sweden ($59.4M).

The fastest growing import markets in Spark-Ignition Engines for China between 2021 and 2022 were Thailand ($73.9M), Spain ($15.6M), and France ($9.41M).

COMPANIES In 2023, leading companies such as BASS PRO LLC (91), IKEA SUPPLY AG (74), and BJ S WHOLESALE CLUB, INC. (60) were at the forefront of shipping Spark-Ignition Engines from China to the United States.

Latest Trends

February 2024

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Overview In February 2024 China's Spark-Ignition Engines exports accounted up to $233M and imports accounted up to $70.9M, resulting in a positive trade balance of $162M. Between February 2023 and February 2024 the exports of China's Spark-Ignition Engines have increased by $58.5M (33.6%) from $174M to $233M, while imports decreased by $-6.44M (-8.33%) from $77.3M to $70.9M.

Destinations In February 2024, Spark-Ignition Engines were exported mostly to Iran ($32.8M), South Korea ($28M), United States ($19.8M), Russia ($19M), and United Arab Emirates ($14.3M), and were imported mostly from Japan ($24.4M), Sweden ($11.8M), Hungary ($9.53M), Canada ($6.81M), and United States ($5.34M).

Growth In February 2024, the increase in Spark-Ignition Engines's year-by-year exports was explained primarily by an increase in exports to Czechia ($9.51M or 480%), United Arab Emirates ($6.75M or 67.6%), and Russia ($3.12M or 15.6%). In February 2024, the decrease in Spark-Ignition Engines's year-by-year imports was explained primarily by a decrease in imports from Germany ($-12.5M or -69.4%), South Korea ($-8.8M or -86.6%), and United States ($-6.21M or -34.6%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)$58.5M(33.6%)

IMPORT GROWTH (February 2023 - February 2024)$-6.44M(-8.33%)

MAIN EXPORTER (February 2024)Jiangsu Province$76.9M

MAIN DESTINATION (February 2024)Iran$32.8M

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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