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840710 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.51BRnk 812 / 4644
2023
Top Exporter | Top Importer $1.04B | $637MThailand | Hong Kong
2023
Product Complexity -0.42Rnk 3136 / 4656
2022 - 2023
Export Growth (CAGR) 16%Rnk 406 / 4644
2023
Share of World Trade 0.02%Rnk 812 / 4644

About

Overview This page contains the latest trade data of Aircraft engines, spark-ignition. In 2023, Aircraft engines, spark-ignition were the world's 812th most traded product, with a total trade of $4.51B. Between 2022 and 2023 the exports of Aircraft engines, spark-ignition grew by 16%, from $3.89B to $4.51B. Trade in Aircraft engines, spark-ignition represent 0.02% of total world trade.

Aircraft engines, spark-ignition are a part of Spark-Ignition Engines.

Exports In 2023 the top exporters of Aircraft engines, spark-ignition  were Thailand ($1.04B), United States ($652M), France ($495M), Saudi Arabia ($417M), and United Arab Emirates ($285M).

Imports In 2023 the top importers of Aircraft engines, spark-ignition were Hong Kong ($637M), China ($507M), Saudi Arabia ($503M), United States ($301M), and United Arab Emirates ($273M).

Ranking Aircraft engines, spark-ignition ranks 3136th in the Product Complexity Index (PCI).

Description Engines that use spark ignition are the most common for automobiles and light aircraft. They work by compressing a mixture of air and fuel that is then detonated with a spark plug to release energy and power the engine.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Aircraft engines, spark-ignition. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Thailand$1.04B
Top Destination (2023)Hong Kong$637M

In 2023 Aircraft engines, spark-ignition were the world's 812th most traded product (out of 4,644).

In 2023, the top exporters of Aircraft engines, spark-ignition were Thailand ($1.04B), United States ($652M), France ($495M), Saudi Arabia ($417M), and United Arab Emirates ($285M).

In 2023, the top importers of Aircraft engines, spark-ignition were Hong Kong ($637M), China ($507M), Saudi Arabia ($503M), United States ($301M), and United Arab Emirates ($273M).

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Exporters of Aircraft engines, spark-ignition (2023)
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Importers of Aircraft engines, spark-ignition (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Thailand$587M
Top Destination Growth (2022 -  2023)China$370M

Between 2022 and 2023, the exports of Aircraft engines, spark-ignition grew the fastest in Thailand ($587M), United Arab Emirates ($254M), France ($229M), Philippines ($66M), and Oman ($63.9M).

Between 2022 and 2023, the fastest growing importers of Aircraft engines, spark-ignition were China ($370M), Hong Kong ($302M), Saudi Arabia ($294M), France ($138M), and United Arab Emirates ($131M).

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Exporters of Aircraft engines, spark-ignition (2022 - 2023)

Importers of Aircraft engines, spark-ignition (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Aircraft engines, spark-ignition.

In 2023, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Aircraft engines, spark-ignition are explained by 15 countries.

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Value of Exports in Aircraft engines, spark-ignition

Net Trade

TOP NET EXPORTER (2023)Thailand$977M
TOP NET IMPORTER (2023)Hong Kong$626M

This map shows which countries export or import more of Aircraft engines, spark-ignition. Each country is colored based on the difference in exports and imports of Aircraft engines, spark-ignition during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Aircraft engines, spark-ignition were Thailand ($977M), United States ($351M), France ($341M), Oman ($137M), and Austria ($128M).

In 2023, the countries that had a largest trade value in imports than in exports of Aircraft engines, spark-ignition were Hong Kong ($626M), China ($436M), Philippines ($108M), Malaysia ($102M), and Saudi Arabia ($86.2M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Aircraft engines, spark-ignition.
It is possible to select the main countries that export or import Aircraft engines, spark-ignition in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Aircraft engines, spark-ignition by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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