Engines, spark-ignition reciprocating, over 1000 cc840734 (Harmonized System 1992 for 6-digit)
2020 World Trade: $29.4B, Rnk 74 / 4613
2020 Top Exporter | Top Importer: $4.65B | $7.22B, United States | United States
2020 Product Complexity: 1.27, Rnk 428 / 4783
2019 - 2020 Export Growth (CAGR): -20%, Rnk 3641 / 4613
2018 Mean Tariff: 7.89%, Rnk 2898 / 6538
2020 Share of World Trade: 0.18%, Rnk 74 / 4613
Overview This page contains the latest trade data of Engines, spark-ignition reciprocating, over 1000 cc. In 2020, Engines, spark-ignition reciprocating, over 1000 cc were the world's 74th most traded product, with a total trade of $29.4B. Between 2019 and 2020 the exports of Engines, spark-ignition reciprocating, over 1000 cc decreased by -20%, from $36.8B to $29.4B. Trade in Engines, spark-ignition reciprocating, over 1000 cc represent 0.18% of total world trade.
Engines, spark-ignition reciprocating, over 1000 cc are a part of Spark-Ignition Engines.
Exports In 2020 the top exporters of Engines, spark-ignition reciprocating, over 1000 cc were United States ($4.65B), Germany ($3.91B), Mexico ($3.45B), Hungary ($2.48B), and Japan ($2.33B).
Imports In 2020 the top importers of Engines, spark-ignition reciprocating, over 1000 cc were United States ($7.22B), Canada ($3.85B), Germany ($2.69B), Mexico ($2.26B), and Spain ($1.67B).
Tariffs In 2018 the average tariff for Engines, spark-ignition reciprocating, over 1000 cc was 7.89%, making it the 2898th lowest tariff using the HS6 product classification.
Ranking Engines, spark-ignition reciprocating, over 1000 cc ranks 428th in the Product Complexity Index (PCI).
Description An engine is a device that converts the work of a prime mover into motion and heat. Engines are categorized by their reciprocating, rotary, or turbine nature. Reciprocating engines are the most common type of engine. They are typically powered by a spark-ignition reciprocating engine. Spark-ignition reciprocating engines are powered by an air-fuel mixture in a combustion chamber. They are most commonly used in cars, trucks, motorcycles, and many other vehicles.
The following visualization shows the latest trends on Engines, spark-ignition reciprocating, over 1000 cc. 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, $4.65B
Top Destination (2020): United States, $7.22B
Engines, spark-ignition reciprocating, over 1000 cc are the world's 74th most traded product.
In 2020, the top exporters of Engines, spark-ignition reciprocating, over 1000 cc were United States ($4.65B), Germany ($3.91B), Mexico ($3.45B), Hungary ($2.48B), and Japan ($2.33B).
In 2020, the top importers of Engines, spark-ignition reciprocating, over 1000 cc were United States ($7.22B), Canada ($3.85B), Germany ($2.69B), Mexico ($2.26B), and Spain ($1.67B).
Trade by country
Between 2019 and 2020, the exports of Engines, spark-ignition reciprocating, over 1000 cc grew the fastest in Poland ($146M), Czechia ($79.2M), Russia ($41.7M), Slovenia ($16.9M), and Portugal ($1.98M).
Between 2019 and 2020, the fastest growing importers of Engines, spark-ignition reciprocating, over 1000 cc were Vietnam ($64.2M), Belgium ($50.1M), Iran ($40.9M), Kazakhstan ($31.4M), and Spain ($24.5M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Engines, spark-ignition reciprocating, over 1000 cc.
In 2020, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Engines, spark-ignition reciprocating, over 1000 cc are explained by 15 countries.
TOP NET EXPORTER (2020): Japan, $2.24B
TOP NET IMPORTER (2020): United States, $2.57B
This map shows which countries export or import more of Engines, spark-ignition reciprocating, over 1000 cc. Each country is colored based on the difference in exports and imports of Engines, spark-ignition reciprocating, over 1000 cc during 2020.
In 2020, the countries that had a largest trade value in exports than in imports of Engines, spark-ignition reciprocating, over 1000 cc were Japan ($2.24B), Hungary ($1.93B), Austria ($1.69B), Germany ($1.22B), and Mexico ($1.19B).
In 2020, the countries that had a largest trade value in imports than in exports of Engines, spark-ignition reciprocating, over 1000 cc were United States ($2.57B), Canada ($1.93B), Russia ($942M), Spain ($895M), and Czechia ($713M).
This visualization shows the countries that have an important ratio of their trade related to Engines, spark-ignition reciprocating, over 1000 cc. It is possible to select the main countries that export or import Engines, spark-ignition reciprocating, over 1000 cc 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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