HS Icon Engines, spark-ignition reciprocating, over 1000 cc

840734 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Engines, spark-ignition reciprocating, over 1000 cc. In 2021, Engines, spark-ignition reciprocating, over 1000 cc were the world's 100th most traded product, with a total trade of $30.6B. Between 2020 and 2021 the exports of Engines, spark-ignition reciprocating, over 1000 cc grew by 3.76%, from $29.5B to $30.6B. Trade in Engines, spark-ignition reciprocating, over 1000 cc represent 0.15% of total world trade.

Engines, spark-ignition reciprocating, over 1000 cc are a part of Spark-Ignition Engines.

Exports In 2021 the top exporters of Engines, spark-ignition reciprocating, over 1000 cc  were Germany ($4.78B), United States ($4.41B), Mexico ($2.95B), Hungary ($2.74B), and Canada ($1.98B).

Imports In 2021 the top importers of Engines, spark-ignition reciprocating, over 1000 cc were United States ($8.16B), Canada ($3.24B), Germany ($2.84B), Mexico ($2.33B), and Spain ($1.54B).

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 213th 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.

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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.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Germany, $4.78B

Top Destination (2021): United States, $8.16B

Engines, spark-ignition reciprocating, over 1000 cc are the world's 100th most traded product.

In 2021, the top exporters of Engines, spark-ignition reciprocating, over 1000 cc were Germany ($4.78B), United States ($4.41B), Mexico ($2.95B), Hungary ($2.74B), and Canada ($1.98B).

In 2021, the top importers of Engines, spark-ignition reciprocating, over 1000 cc were United States ($8.16B), Canada ($3.24B), Germany ($2.84B), Mexico ($2.33B), and Spain ($1.54B).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Germany, $871M

Top Destination Growth (2020 -  2021): United States, $934M

Between 2020 and 2021, the exports of Engines, spark-ignition reciprocating, over 1000 cc grew the fastest in Germany ($871M), South Korea ($295M), Hungary ($267M), China ($256M), and Poland ($244M).

Between 2020 and 2021, the fastest growing importers of Engines, spark-ignition reciprocating, over 1000 cc were United States ($934M), Slovakia ($551M), Germany ($163M), France ($158M), and Czechia ($121M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Engines, spark-ignition reciprocating, over 1000 cc.

In 2021, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Engines, spark-ignition reciprocating, over 1000 cc are explained by 15 countries.

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TOP NET EXPORTER (2021): Hungary, $2.09B

TOP NET IMPORTER (2021): United States, $3.75B

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Engines, spark-ignition reciprocating, over 1000 cc were Hungary ($2.09B), Germany ($1.94B), Austria ($1.86B), Japan ($1.85B), and South Korea ($1B).

In 2021, the countries that had a largest trade value in imports than in exports of Engines, spark-ignition reciprocating, over 1000 cc were United States ($3.75B), Canada ($1.27B), Slovakia ($1.03B), Russia ($895M), and Czechia ($823M).

Country Comparison

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Ranking

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.

Product Complexity

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Diversification Frontier

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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.