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Pricing

Compression-ignition internal combustion piston engines (diesel or semi-diesel engines)

8408 (Harmonized System 1992 for 4-digit)

2023
World Trade $51.4BRnk 80 / 1217
2023
Top Exporter | Top Importer $10B | $6.47BUnited States | Mexico
2023
Product Complexity 1.05Rnk 157 / 1044
2022 - 2023
Export Growth (CAGR) 7.62%Rnk 198 / 1217
2023
Share of World Trade 0.23%Rnk 80 / 1217

About

Overview This page contains the latest trade data of Combustion Engines. In 2023, Combustion Engines were the world's 80th most traded product, with a total trade of $51.4B. Between 2022 and 2023 the exports of Combustion Engines grew by 7.62%, from $47.8B to $51.4B. Trade in Combustion Engines represent 0.23% of total world trade.

Combustion Engines are a part of Machinery, mechanical appliances, & parts. They include Engines, diesel, for motor vehicles, Engines, diesel except motor vehicle/marine, and Marine propulsion engines, diesel.

Exports In 2023 the top exporters of Combustion Engines  were United States ($10B), Germany ($6.18B), United Kingdom ($4.51B), Japan ($4.31B), and France ($3.38B).

Imports In 2023 the top importers of Combustion Engines were Mexico ($6.47B), United States ($6.27B), Germany ($4.57B), China ($3.26B), and Turkey ($3.14B).

Ranking Combustion Engines ranks 157th in the Product Complexity Index (PCI).

Description A diesel engine is a type of internal combustion engine that uses diesel fuel. Diesel engines are used in many different types of vehicles, including cars, trucks, trains, and boats.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Combustion Engines. 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)United States$10B
Top Destination (2023)Mexico$6.47B

In 2023 Combustion Engines were the world's 80th most traded product (out of 1,217).

In 2023, the top exporters of Combustion Engines were United States ($10B), Germany ($6.18B), United Kingdom ($4.51B), Japan ($4.31B), and France ($3.38B).

In 2023, the top importers of Combustion Engines were Mexico ($6.47B), United States ($6.27B), Germany ($4.57B), China ($3.26B), and Turkey ($3.14B).

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Exporters of Combustion Engines (2023)
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Importers of Combustion Engines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$831M
Top Destination Growth (2022 -  2023)Poland$703M

Between 2022 and 2023, the exports of Combustion Engines grew the fastest in France ($831M), United States ($787M), Sweden ($774M), Germany ($476M), and Poland ($395M).

Between 2022 and 2023, the fastest growing importers of Combustion Engines were Poland ($703M), Germany ($502M), France ($386M), Turkey ($345M), and China ($268M).

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Exporters of Combustion Engines (2022 - 2023)

Importers of Combustion Engines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Combustion Engines.

In 2023, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Combustion Engines are explained by 16 countries.

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Value of Exports in Combustion Engines

Net Trade

TOP NET EXPORTER (2023)United States$3.73B
TOP NET IMPORTER (2023)Mexico$4.59B

This map shows which countries export or import more of Combustion Engines. Each country is colored based on the difference in exports and imports of Combustion Engines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Combustion Engines were United States ($3.73B), Japan ($3.31B), United Kingdom ($3.23B), Sweden ($3.09B), and Germany ($1.61B).

In 2023, the countries that had a largest trade value in imports than in exports of Combustion Engines were Mexico ($4.59B), Turkey ($3.07B), Canada ($1.31B), Czechia ($1.29B), and Belgium ($877M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Combustion Engines, disaggragated by their HS6 level were Engines, diesel, for motor vehicles ($31.8B), Engines, diesel except motor vehicle/marine ($15.7B), and Marine propulsion engines, diesel ($3.88B)

HS6 Disaggregation for Combustion Engines (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Combustion Engines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $140M
TOP IMPORT POTENTIALUnited Kingdom+ $97.6M

Combustion Engines’s highest export potential is China. With an export gap of $140M.  Combustion Engines’s highest import potential is United Kingdom with an import gap of $97.6M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Combustion Engines.

Country by Relatedness

The following visualization shows the relatedness of Combustion Engines to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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