Marine propulsion engines, diesel840810 (Harmonized System 1992 for 6-digit)
2021 World Trade: $3.13B, Rnk 1072 / 4641
2021 Top Exporter | Top Importer: $748M | $670M, Germany | China
2021 Product Complexity: 1.78, Rnk 76 / 4648
2020 - 2021 Export Growth (CAGR): 6.99%, Rnk 3718 / 4641
2018 Mean Tariff: 4.96%, Rnk 4231 / 6538
2021 Share of World Trade: 0.015%, Rnk 1072 / 4641
Overview This page contains the latest trade data of Marine propulsion engines, diesel. In 2021, Marine propulsion engines, diesel were the world's 1072nd most traded product, with a total trade of $3.13B. Between 2020 and 2021 the exports of Marine propulsion engines, diesel grew by 6.99%, from $2.92B to $3.13B. Trade in Marine propulsion engines, diesel represent 0.015% of total world trade.
Marine propulsion engines, diesel are a part of Combustion Engines.
Exports In 2021 the top exporters of Marine propulsion engines, diesel were Germany ($748M), South Korea ($476M), Japan ($404M), Sweden ($291M), and France ($193M).
Imports In 2021 the top importers of Marine propulsion engines, diesel were China ($670M), Italy ($251M), United States ($184M), South Korea ($170M), and France ($132M).
Tariffs In 2018 the average tariff for Marine propulsion engines, diesel was 4.96%, making it the 4231st lowest tariff using the HS6 product classification.
Ranking Marine propulsion engines, diesel ranks 76th in the Product Complexity Index (PCI).
Description A marine propulsion engine is a combustion engine that is used to power a boat or ship. Marine engines have a lower power-to-weight ratio than land engines, which makes them better suited for their use. Diesel engines are a type of marine engine. They are a type of internal combustion engine that is fueled by diesel fuel and is used to power a boat or ship. Marine propulsion engines are used to power boats and ships. They have a lower power-to-weight ratio than land engines, making them better suited for use on water. Diesel engines are a type
The following visualization shows the latest trends on Marine propulsion engines, diesel. 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
Marine propulsion engines, diesel are the world's 1072nd most traded product.
In 2021, the top exporters of Marine propulsion engines, diesel were Germany ($748M), South Korea ($476M), Japan ($404M), Sweden ($291M), and France ($193M).
In 2021, the top importers of Marine propulsion engines, diesel were China ($670M), Italy ($251M), United States ($184M), South Korea ($170M), and France ($132M).
Trade by country
Top Origin Growth (2020 - 2021): Sweden, $57.1M
Top Destination Growth (2020 - 2021): South Korea, $101M
Between 2020 and 2021, the exports of Marine propulsion engines, diesel grew the fastest in Sweden ($57.1M), France ($46.1M), Germany ($38.5M), Italy ($34.5M), and Netherlands ($29.7M).
Between 2020 and 2021, the fastest growing importers of Marine propulsion engines, diesel were South Korea ($101M), Italy ($57M), Slovakia ($37.1M), Germany ($26.9M), and Canada ($25.3M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Marine propulsion engines, diesel.
In 2021, market concentration measured using Shannon Entropy, was 3.63. This means that most of the exports of Marine propulsion engines, diesel are explained by 12 countries.
This map shows which countries export or import more of Marine propulsion engines, diesel. Each country is colored based on the difference in exports and imports of Marine propulsion engines, diesel during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Marine propulsion engines, diesel were Germany ($640M), Japan ($378M), South Korea ($306M), Sweden ($268M), and Finland ($65.5M).
In 2021, the countries that had a largest trade value in imports than in exports of Marine propulsion engines, diesel were China ($513M), Italy ($118M), Turkey ($98.2M), Indonesia ($83.5M), and Philippines ($76.4M).
This visualization shows the countries that have an important ratio of their trade related to Marine propulsion engines, diesel. It is possible to select the main countries that export or import Marine propulsion engines, diesel 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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