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870195 (Harmonized System 2017 for 6-digit)

2023
World Trade $12.4BRnk 297 / 5380
2023
Top Exporter | Top Importer $4.32B | $1.4BGermany | United States
2023
Product Complexity 1.2Rnk 534 / 5381
2022 - 2023
Export Growth (CAGR) 37.7%Rnk 154 / 5380
2023
Share of World Trade 0.055%Rnk 297 / 5380

About

Overview This page contains the latest trade data of Engine power > 130kW. In 2023, Engine power > 130kW were the world's 297th most traded product, with a total trade of $12.4B. Between 2022 and 2023 the exports of Engine power > 130kW grew by 37.7%, from $8.99B to $12.4B. Trade in Engine power > 130kW represent 0.055% of total world trade.

Engine power > 130kW are a part of Tractors; (other than tractors of heading no 8709).

Exports In 2023 the top exporters of Engine power > 130kW  were Germany ($4.32B), United States ($2.32B), France ($1.32B), United Kingdom ($1.07B), and Austria ($840M).

Imports In 2023 the top importers of Engine power > 130kW were United States ($1.4B), France ($1.33B), Canada ($883M), Germany ($865M), and United Kingdom ($672M).

Ranking Engine power > 130kW ranks 534th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Engine power > 130kW. 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)Germany$4.32B
Top Destination (2023)United States$1.4B

In 2023 Engine power > 130kW were the world's 297th most traded product (out of 5,380).

In 2023, the top exporters of Engine power > 130kW were Germany ($4.32B), United States ($2.32B), France ($1.32B), United Kingdom ($1.07B), and Austria ($840M).

In 2023, the top importers of Engine power > 130kW were United States ($1.4B), France ($1.33B), Canada ($883M), Germany ($865M), and United Kingdom ($672M).

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Exporters of Engine power > 130kW (2023)
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Importers of Engine power > 130kW (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$1.27B
Top Destination Growth (2022 -  2023)United States$414M

Between 2022 and 2023, the exports of Engine power > 130kW grew the fastest in Germany ($1.27B), United States ($595M), France ($453M), United Kingdom ($280M), and Austria ($247M).

Between 2022 and 2023, the fastest growing importers of Engine power > 130kW were United States ($414M), France ($386M), Canada ($286M), Germany ($242M), and Australia ($229M).

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Exporters of Engine power > 130kW (2022 - 2023)

Importers of Engine power > 130kW (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Engine power > 130kW.

In 2023, market concentration measured using Shannon Entropy, was 3.19. This means that most of the exports of Engine power > 130kW are explained by 9 countries.

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Value of Exports in Engine power > 130kW

Net Trade

TOP NET EXPORTER (2023)Germany$3.46B
TOP NET IMPORTER (2023)Australia$635M

This map shows which countries export or import more of Engine power > 130kW. Each country is colored based on the difference in exports and imports of Engine power > 130kW during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Engine power > 130kW were Germany ($3.46B), United States ($924M), Austria ($673M), Finland ($405M), and United Kingdom ($396M).

In 2023, the countries that had a largest trade value in imports than in exports of Engine power > 130kW were Australia ($635M), Canada ($583M), Poland ($390M), South Africa ($266M), and Spain ($257M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Engine power > 130kW.
It is possible to select the main countries that export or import Engine power > 130kW in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Engine power > 130kW 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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