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850220 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.67BRnk 678 / 4648
2022
Top Exporter | Top Importer $2.25B | $1.39BChina | United States
2022
Product Complexity 0.73Rnk 1228 / 4653
2021 - 2022
Export Growth (CAGR) 10.5%Rnk 1548 / 4648
2022
Share of World Trade 0.024%Rnk 678 / 4648

About

Overview This page contains the latest trade data of Generating sets, with spark ignition engines. In 2022, Generating sets, with spark ignition engines were the world's 678th most traded product, with a total trade of $5.67B. Between 2021 and 2022 the exports of Generating sets, with spark ignition engines grew by 10.5%, from $5.13B to $5.67B. Trade in Generating sets, with spark ignition engines represent 0.024% of total world trade.

Generating sets, with spark ignition engines are a part of Electric Generating Sets.

Exports In 2022 the top exporters of Generating sets, with spark ignition engines  were China ($2.25B), Germany ($516M), Vietnam ($438M), Austria ($389M), and United States ($379M).

Imports In 2022 the top importers of Generating sets, with spark ignition engines were United States ($1.39B), Canada ($386M), Ukraine ($296M), Nigeria ($282M), and Germany ($280M).

Ranking Generating sets, with spark ignition engines ranks 1228th in the Product Complexity Index (PCI).

Description Generating sets are large diesel engines that are used to provide power to remote locations without an accessible power grid. The engine is typically housed in a steel frame and is often accompanied by a large diesel tank. The engine is typically used to power electric generators or directly power devices. Generating sets are used with spark ignition engines because diesel engines are not designed to be used in a stationary setting. Diesel engines are designed to be used as a mobile power source that can be moved with ease. What are two common types of generating sets? Two common

Latest Trends

Latest Data

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The following visualization shows the latest trends on Generating sets, with spark ignition 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.

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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)China$2.25B
Top Destination (2022)United States$1.39B

In 2022 Generating sets, with spark ignition engines were the world's 678th most traded product (out of 4,648).

In 2022, the top exporters of Generating sets, with spark ignition engines were China ($2.25B), Germany ($516M), Vietnam ($438M), Austria ($389M), and United States ($379M).

In 2022, the top importers of Generating sets, with spark ignition engines were United States ($1.39B), Canada ($386M), Ukraine ($296M), Nigeria ($282M), and Germany ($280M).

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Exporters of Generating sets, with spark ignition engines (2022)
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Importers of Generating sets, with spark ignition engines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$241M
Top Destination Growth (2021 -  2022)Ukraine$267M

Between 2021 and 2022, the exports of Generating sets, with spark ignition engines grew the fastest in China ($241M), Poland ($68.4M), Italy ($66.6M), Germany ($62.7M), and United States ($51.2M).

Between 2021 and 2022, the fastest growing importers of Generating sets, with spark ignition engines were Ukraine ($267M), Germany ($144M), Poland ($90.3M), Canada ($89.1M), and Belgium ($53.5M).

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Exporters of Generating sets, with spark ignition engines (2021 - 2022)

Importers of Generating sets, with spark ignition engines (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Generating sets, with spark ignition engines.

In 2022, market concentration measured using Shannon Entropy, was 3.54. This means that most of the exports of Generating sets, with spark ignition engines are explained by 11 countries.

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Value of Exports in Generating sets, with spark ignition engines

Net Trade

TOP NET EXPORTER (2022)China$2.15B
TOP NET IMPORTER (2022)United States$1.01B

This map shows which countries export or import more of Generating sets, with spark ignition engines. Each country is colored based on the difference in exports and imports of Generating sets, with spark ignition engines during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Generating sets, with spark ignition engines were China ($2.15B), Vietnam ($425M), Austria ($336M), Germany ($236M), and Finland ($183M).

In 2022, the countries that had a largest trade value in imports than in exports of Generating sets, with spark ignition engines were United States ($1.01B), Canada ($335M), Ukraine ($296M), Nigeria ($281M), and Russia ($182M).

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 Generating sets, with spark ignition engines.
It is possible to select the main countries that export or import Generating sets, with spark ignition engines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Generating sets, with spark ignition engines 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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