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841280 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.04BRnk 2151 / 4648
2022
Top Exporter | Top Importer $260M | $159MUnited States | Germany
2022
Product Complexity -0.18Rnk 2784 / 4653
2021 - 2022
Export Growth (CAGR) 8.52%Rnk 1769 / 4648
2022
Share of World Trade 0.0044%Rnk 2151 / 4648

About

Overview This page contains the latest trade data of Engines and motors nes. In 2022, Engines and motors nes were the world's 2151st most traded product, with a total trade of $1.04B. Between 2021 and 2022 the exports of Engines and motors nes grew by 8.52%, from $956M to $1.04B. Trade in Engines and motors nes represent 0.0044% of total world trade.

Engines and motors nes are a part of Other Engines.

Exports In 2022 the top exporters of Engines and motors nes  were United States ($260M), Germany ($97.6M), Thailand ($69.5M), China ($67.6M), and Austria ($65.9M).

Imports In 2022 the top importers of Engines and motors nes were Germany ($159M), United States ($115M), China ($77.5M), Japan ($64.1M), and Austria ($60.9M).

Ranking Engines and motors nes ranks 2784th in the Product Complexity Index (PCI).

Description A motor is a machine that converts electrical energy into mechanical energy. Engines are motors that are usually used to produce rotary motion. Both motors and engines are used in a myriad of applications, such as powering light bulbs, vacuuming floors, and driving cars.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Engines and motors nes. 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$260M
Top Destination (2022)Germany$159M

In 2022 Engines and motors nes were the world's 2151st most traded product (out of 4,648).

In 2022, the top exporters of Engines and motors nes were United States ($260M), Germany ($97.6M), Thailand ($69.5M), China ($67.6M), and Austria ($65.9M).

In 2022, the top importers of Engines and motors nes were Germany ($159M), United States ($115M), China ($77.5M), Japan ($64.1M), and Austria ($60.9M).

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Exporters of Engines and motors nes (2022)
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Importers of Engines and motors nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$32.1M
Top Destination Growth (2021 -  2022)Japan$37.4M

Between 2021 and 2022, the exports of Engines and motors nes grew the fastest in United States ($32.1M), China ($23.6M), United Kingdom ($18.4M), Austria ($17.3M), and Thailand ($15.9M).

Between 2021 and 2022, the fastest growing importers of Engines and motors nes were Japan ($37.4M), Germany ($36.3M), Finland ($12.1M), United Kingdom ($10.4M), and United Arab Emirates ($10.2M).

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Exporters of Engines and motors nes (2021 - 2022)

Importers of Engines and motors nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Engines and motors nes.

In 2022, market concentration measured using Shannon Entropy, was 4.24. This means that most of the exports of Engines and motors nes are explained by 18 countries.

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Value of Exports in Engines and motors nes

Net Trade

TOP NET EXPORTER (2022)United States$145M
TOP NET IMPORTER (2022)Germany$60.9M

This map shows which countries export or import more of Engines and motors nes. Each country is colored based on the difference in exports and imports of Engines and motors nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Engines and motors nes were United States ($145M), Hungary ($61.4M), Thailand ($44.3M), India ($30.3M), and Turkey ($19.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Engines and motors nes were Germany ($60.9M), Japan ($31.2M), France ($20.8M), Vietnam ($18.8M), and Finland ($16.5M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Engines and motors nes 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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