Combustion Engines2020 World Trade: $38.9B, Rnk 91 / 1217
2020 Top Exporter | Top Importer: $6.3B | $4.66B, United States | United States
2020 Product Complexity: 1.15, Rnk 132 / 1028
2019 - 2020 Export Growth (CAGR): false, Rnk 975 / 1217
2018 Mean Tariff: 5.88%, Rnk 723 / 1259
2020 Share of World Trade: 0.23%, Rnk 91 / 1217
Overview This page contains the latest trade data of Combustion Engines. In 2020, Combustion Engines were the world's 91st most traded product, with a total trade of $38.9B. Between 2019 and 2020 the exports of Combustion Engines N/A by N/A, from $47.4B to $38.9B. 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 2020 the top exporters of Combustion Engines were United States ($6.3B), Germany ($5.24B), Japan ($3.95B), United Kingdom ($3.24B), and Poland ($2.13B).
Imports In 2020 the top importers of Combustion Engines were United States ($4.66B), Mexico ($4.16B), Germany ($4.04B), China ($3.6B), and Turkey ($2.08B).
Tariffs In 2018 the average tariff for Combustion Engines was 5.88%, making it the 723rd lowest tariff using the HS4 product classification.
Ranking Combustion Engines ranks 132nd in the Product Complexity Index (PCI).
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.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Top Origin (2020): United States, $6.3B
Top Destination (2020): United States, $4.66B
Combustion Engines are the world's 91st most traded product.
In 2020, the top exporters of Combustion Engines were United States ($6.3B), Germany ($5.24B), Japan ($3.95B), United Kingdom ($3.24B), and Poland ($2.13B).
In 2020, the top importers of Combustion Engines were United States ($4.66B), Mexico ($4.16B), Germany ($4.04B), China ($3.6B), and Turkey ($2.08B).
Trade by country
Between 2019 and 2020, the exports of Combustion Engines grew the fastest in Poland ($431M), Finland ($26.4M), Russia ($18.3M), Ukraine ($15.3M), and Denmark ($12.6M).
Between 2019 and 2020, the fastest growing importers of Combustion Engines were China ($539M), Senegal ($37.1M), Niger ($29.7M), Chinese Taipei ($28.4M), and Pakistan ($19.1M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Combustion Engines.
In 2020, market concentration measured using Shannon Entropy, was 4.13. This means that most of the exports of Combustion Engines are explained by 17 countries.
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 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Combustion Engines were Japan ($3.35B), United Kingdom ($2.34B), Sweden ($1.91B), United States ($1.64B), and Poland ($1.62B).
In 2020, the countries that had a largest trade value in imports than in exports of Combustion Engines were Mexico ($2.68B), China ($2.31B), Turkey ($1.85B), Spain ($1.06B), and Czechia ($1.04B).
In 2020, the world most traded Combustion Engines, disaggragated by their HS6 level were Engines, diesel, for motor vehicles ($24.3B), Engines, diesel except motor vehicle/marine ($11.7B), and Marine propulsion engines, diesel ($2.9B)
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.
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.
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