2022
Exports
$525MWorld Rnk 17 / 180
Flag Rnk 159 / 1212
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.15Rnk 117 / 1025
2022
Imports
$467MWorld Rnk 22 / 222
Flag Rnk 190 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $525M in Spark-Ignition Engines, making it the 17th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 159th most exported product in India. The main destination of Spark-Ignition Engines exports from India are: Turkey ($127M), Bangladesh ($89M), Malaysia ($58.4M), United States ($39.7M), and Vietnam ($35.4M).

The fastest growing export markets for Spark-Ignition Engines of India between 2021 and 2022 were Malaysia ($40.5M), Thailand ($17.6M), and Indonesia ($14M).

Imports In 2022, India imported $467M in Spark-Ignition Engines, becoming the 22nd largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 190th most imported product in India. India imports Spark-Ignition Engines primarily from: China ($217M), South Korea ($71.5M), United States ($34.5M), Czechia ($16.8M), and Japan ($16.1M).

The fastest growing import markets in Spark-Ignition Engines for India between 2021 and 2022 were China ($49.2M), South Korea ($16.2M), and Switzerland ($9.92M).

COMPANIES In 2023, leading companies such as Danfoss (1) were at the forefront of shipping Spark-Ignition Engines from India to the United States.

Latest Trends

Sep 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 Spark-Ignition Engines. 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)$525M
IMPORTS (2022)$467M
NET TRADE (2022)$57.7M

In 2022, India exported $525M in Spark-Ignition Engines. The main destinations of India exports on Spark-Ignition Engines were Turkey ($127M), Bangladesh ($89M), Malaysia ($58.4M), United States ($39.7M), and Vietnam ($35.4M).

In 2022, India imported $467M in Spark-Ignition Engines, mainly from China ($217M), South Korea ($71.5M), United States ($34.5M), Czechia ($16.8M), and Japan ($16.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR India WERE (2021 - 2022):
Malaysia$40.5M (226%)
Thailand$17.6M (4.97k%)
Indonesia$14M (24.7k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY India WERE (2021 - 2022):
France-$17.4M (-72.9%)
United Kingdom-$17.2M (-78.8%)
Egypt-$8.55M (-26.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Spark-Ignition Engines were:
In 2022, India's main importing competitors in Spark-Ignition Engines were:

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Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $45.3M
TOP IMPORT POTENTIALChina+ $102M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $45.3M.   Spark-Ignition Engines’s highest import potential is China with an import gap of $102M.

See methodology.

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