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840710 (Harmonized System 1992 for 6-digit)

2022
World Trade $2.86BRnk 1185 / 4648
2022
Top Exporter | Top Importer $708M | $323MUnited States | Singapore
2022
Product Complexity -0.4Rnk 3109 / 4653
2021 - 2022
Export Growth (CAGR) 9.53%Rnk 1661 / 4648
2022
Share of World Trade 0.012%Rnk 1185 / 4648

About

Overview This page contains the latest trade data of Aircraft engines, spark-ignition. In 2022, Aircraft engines, spark-ignition were the world's 1185th most traded product, with a total trade of $2.86B. Between 2021 and 2022 the exports of Aircraft engines, spark-ignition grew by 9.53%, from $2.61B to $2.86B. Trade in Aircraft engines, spark-ignition represent 0.012% of total world trade.

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

Exports In 2022 the top exporters of Aircraft engines, spark-ignition  were United States ($708M), Thailand ($448M), Singapore ($300M), Oman ($200M), and India ($133M).

Imports In 2022 the top importers of Aircraft engines, spark-ignition were Singapore ($323M), United States ($302M), Hong Kong ($231M), United Kingdom ($168M), and Philippines ($132M).

Ranking Aircraft engines, spark-ignition ranks 3109th 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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Flow
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 (2022)United States$708M
Top Destination (2022)Singapore$323M

In 2022 Aircraft engines, spark-ignition were the world's 1185th most traded product (out of 4,648).

In 2022, the top exporters of Aircraft engines, spark-ignition were United States ($708M), Thailand ($448M), Singapore ($300M), Oman ($200M), and India ($133M).

In 2022, the top importers of Aircraft engines, spark-ignition were Singapore ($323M), United States ($302M), Hong Kong ($231M), United Kingdom ($168M), and Philippines ($132M).

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Exporters of Aircraft engines, spark-ignition (2022)
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Importers of Aircraft engines, spark-ignition (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$419M
Top Destination Growth (2021 -  2022)United States$174M

Between 2021 and 2022, the exports of Aircraft engines, spark-ignition grew the fastest in United States ($419M), Thailand ($243M), Oman ($159M), Singapore ($114M), and Luxembourg ($77.5M).

Between 2021 and 2022, the fastest growing importers of Aircraft engines, spark-ignition were United States ($174M), Hong Kong ($144M), Oman ($107M), New Zealand ($77M), and Thailand ($74.6M).

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Exporters of Aircraft engines, spark-ignition (2021 - 2022)

Importers of Aircraft engines, spark-ignition (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.02. This means that most of the exports of Aircraft engines, spark-ignition are explained by 16 countries.

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Value of Exports in Aircraft engines, spark-ignition

Net Trade

TOP NET EXPORTER (2022)United States$406M
TOP NET IMPORTER (2022)Hong Kong$196M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Aircraft engines, spark-ignition were United States ($406M), Thailand ($343M), India ($99.2M), Oman ($88.3M), and Austria ($88.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Aircraft engines, spark-ignition were Hong Kong ($196M), Philippines ($127M), China ($113M), New Zealand ($92.4M), and Malaysia ($52.5M).

Net Trade (2022)

Country Comparison

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Measure
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 (2022)

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