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851190 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.27BRnk 1053 / 4644
2023
Top Exporter | Top Importer $833M | $395MChina | United States
2023
Product Complexity 0.44Rnk 1781 / 4656
2022 - 2023
Export Growth (CAGR) -7.7%Rnk 2442 / 4644
2023
Share of World Trade 0.014%Rnk 1053 / 4644

About

Overview This page contains the latest trade data of Parts of electrical ignition or starting equipment. In 2023, Parts of electrical ignition or starting equipment were the world's 1053rd most traded product, with a total trade of $3.27B. Between 2022 and 2023 the exports of Parts of electrical ignition or starting equipment decreased by -7.7%, from $3.54B to $3.27B. Trade in Parts of electrical ignition or starting equipment represent 0.014% of total world trade.

Parts of electrical ignition or starting equipment are a part of Electrical Ignitions.

Exports In 2023 the top exporters of Parts of electrical ignition or starting equipment  were China ($833M), Japan ($761M), Germany ($276M), United States ($166M), and Italy ($125M).

Imports In 2023 the top importers of Parts of electrical ignition or starting equipment were United States ($395M), Mexico ($353M), Hungary ($287M), Thailand ($257M), and France ($207M).

Ranking Parts of electrical ignition or starting equipment ranks 1781st in the Product Complexity Index (PCI).

Description The switch is used to turn the power on and off to the engine, the starter motor is used to turn the engine, and the battery is used to power the starter motor.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Parts of electrical ignition or starting equipment. 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 (2023)China$833M
Top Destination (2023)United States$395M

In 2023 Parts of electrical ignition or starting equipment were the world's 1053rd most traded product (out of 4,644).

In 2023, the top exporters of Parts of electrical ignition or starting equipment were China ($833M), Japan ($761M), Germany ($276M), United States ($166M), and Italy ($125M).

In 2023, the top importers of Parts of electrical ignition or starting equipment were United States ($395M), Mexico ($353M), Hungary ($287M), Thailand ($257M), and France ($207M).

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Exporters of Parts of electrical ignition or starting equipment (2023)
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Importers of Parts of electrical ignition or starting equipment (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$25.7M
Top Destination Growth (2022 -  2023)Slovakia$20.8M

Between 2022 and 2023, the exports of Parts of electrical ignition or starting equipment grew the fastest in Germany ($25.7M), China ($14.1M), Canada ($7.92M), France ($7.81M), and Belgium ($7.81M).

Between 2022 and 2023, the fastest growing importers of Parts of electrical ignition or starting equipment were Slovakia ($20.8M), Spain ($19.2M), Saudi Arabia ($12M), Poland ($11.4M), and Malaysia ($9.94M).

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Exporters of Parts of electrical ignition or starting equipment (2022 - 2023)

Importers of Parts of electrical ignition or starting equipment (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of electrical ignition or starting equipment.

In 2023, market concentration measured using Shannon Entropy, was 3.84. This means that most of the exports of Parts of electrical ignition or starting equipment are explained by 14 countries.

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Value of Exports in Parts of electrical ignition or starting equipment

Net Trade

TOP NET EXPORTER (2023)China$664M
TOP NET IMPORTER (2023)Mexico$309M

This map shows which countries export or import more of Parts of electrical ignition or starting equipment. Each country is colored based on the difference in exports and imports of Parts of electrical ignition or starting equipment during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of electrical ignition or starting equipment were China ($664M), Japan ($625M), Germany ($213M), Italy ($88.5M), and Chinese Taipei ($40.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of electrical ignition or starting equipment were Mexico ($309M), Hungary ($270M), United States ($229M), Thailand ($161M), and France ($123M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts of electrical ignition or starting equipment.
It is possible to select the main countries that export or import Parts of electrical ignition or starting equipment in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of electrical ignition or starting equipment 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 (2023)

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