841191 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Parts of turbo-jet or turbo-propeller engines. In 2023, Parts of turbo-jet or turbo-propeller engines were the world's 34th most traded product, with a total trade of $80.8B. Between 2022 and 2023 the exports of Parts of turbo-jet or turbo-propeller engines grew by 23.5%, from $65.4B to $80.8B. Trade in Parts of turbo-jet or turbo-propeller engines represent 0.36% of total world trade.

Parts of turbo-jet or turbo-propeller engines are a part of Gas Turbines.

Exports In 2023 the top exporters of Parts of turbo-jet or turbo-propeller engines  were United States ($32.3B), United Kingdom ($10.1B), France ($8.5B), Japan ($4.11B), and Germany ($3.19B).

Imports In 2023 the top importers of Parts of turbo-jet or turbo-propeller engines were United States ($15.7B), United Kingdom ($8.24B), Germany ($7.9B), France ($7.73B), and Hong Kong ($6.74B).

Ranking Parts of turbo-jet or turbo-propeller engines ranks 175th in the Product Complexity Index (PCI).

Description A jet engine is a reaction engine that produces thrust by emitting a jet of fluid (such as water, steam, or exhaust gas) at high speed. The jet engine has no moving parts. The fluid is accelerated by a nozzle and exits the rear of the engine at a high speed. The pressure of the fluid exiting the nozzle can reach as high as 100 pounds per square inch. A turbojet engine is a type of jet engine that works by compressing air with a turbine, mixing it with fuel, and igniting it to create thrust.

Latest Data

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The following visualization shows the latest trends on Parts of turbo-jet or turbo-propeller 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 (2023)United States$32.3B
Top Destination (2023)United States$15.7B

In 2023 Parts of turbo-jet or turbo-propeller engines were the world's 34th most traded product (out of 4,644).

In 2023, the top exporters of Parts of turbo-jet or turbo-propeller engines were United States ($32.3B), United Kingdom ($10.1B), France ($8.5B), Japan ($4.11B), and Germany ($3.19B).

In 2023, the top importers of Parts of turbo-jet or turbo-propeller engines were United States ($15.7B), United Kingdom ($8.24B), Germany ($7.9B), France ($7.73B), and Hong Kong ($6.74B).

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Exporters of Parts of turbo-jet or turbo-propeller engines (2023)
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Importers of Parts of turbo-jet or turbo-propeller engines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$5.07B
Top Destination Growth (2022 -  2023)United States$2.82B

Between 2022 and 2023, the exports of Parts of turbo-jet or turbo-propeller engines grew the fastest in United States ($5.07B), United Kingdom ($2.4B), France ($2.04B), China ($833M), and Japan ($712M).

Between 2022 and 2023, the fastest growing importers of Parts of turbo-jet or turbo-propeller engines were United States ($2.82B), Hong Kong ($2.34B), Germany ($1.64B), France ($1.49B), and China ($1.14B).

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Exporters of Parts of turbo-jet or turbo-propeller engines (2022 - 2023)

Importers of Parts of turbo-jet or turbo-propeller engines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of turbo-jet or turbo-propeller engines.

In 2023, market concentration measured using Shannon Entropy, was 3.39. This means that most of the exports of Parts of turbo-jet or turbo-propeller engines are explained by 10 countries.

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Value of Exports in Parts of turbo-jet or turbo-propeller engines

Net Trade

TOP NET EXPORTER (2023)United States$16.5B
TOP NET IMPORTER (2023)Hong Kong$6.46B

This map shows which countries export or import more of Parts of turbo-jet or turbo-propeller engines. Each country is colored based on the difference in exports and imports of Parts of turbo-jet or turbo-propeller engines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of turbo-jet or turbo-propeller engines were United States ($16.5B), United Kingdom ($1.82B), Mexico ($1.01B), Italy ($925M), and Poland ($820M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of turbo-jet or turbo-propeller engines were Hong Kong ($6.46B), Germany ($4.71B), Brazil ($3.05B), Singapore ($2.58B), and United Arab Emirates ($1.8B).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Parts of turbo-jet or turbo-propeller engines.
It is possible to select the main countries that export or import Parts of turbo-jet or turbo-propeller engines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of turbo-jet or turbo-propeller 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 (2023)

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