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Pricing

841191 (Harmonized System 1992 for 6-digit)

2022
World Trade $50.2BRnk 59 / 4648
2022
Top Exporter | Top Importer $11.3B | $13.6BUnited States | United States
2022
Product Complexity 1.52Rnk 179 / 4653
2021 - 2022
Export Growth (CAGR) 22.3%Rnk 676 / 4648
2022
Share of World Trade 0.21%Rnk 59 / 4648

About

Overview This page contains the latest trade data of Parts of turbo-jet or turbo-propeller engines. In 2022, Parts of turbo-jet or turbo-propeller engines were the world's 59th most traded product, with a total trade of $50.2B. Between 2021 and 2022 the exports of Parts of turbo-jet or turbo-propeller engines grew by 22.3%, from $41B to $50.2B. Trade in Parts of turbo-jet or turbo-propeller engines represent 0.21% of total world trade.

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

Exports In 2022 the top exporters of Parts of turbo-jet or turbo-propeller engines  were United States ($11.3B), United Kingdom ($9.81B), France ($5.63B), Japan ($2.9B), and Canada ($2.31B).

Imports In 2022 the top importers of Parts of turbo-jet or turbo-propeller engines were United States ($13.6B), United Kingdom ($4.92B), Germany ($4.12B), France ($3.94B), and Hong Kong ($3.54B).

Ranking Parts of turbo-jet or turbo-propeller engines ranks 179th 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 Trends

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 (2022)United States$11.3B
Top Destination (2022)United States$13.6B

In 2022 Parts of turbo-jet or turbo-propeller engines were the world's 59th most traded product (out of 4,648).

In 2022, the top exporters of Parts of turbo-jet or turbo-propeller engines were United States ($11.3B), United Kingdom ($9.81B), France ($5.63B), Japan ($2.9B), and Canada ($2.31B).

In 2022, the top importers of Parts of turbo-jet or turbo-propeller engines were United States ($13.6B), United Kingdom ($4.92B), Germany ($4.12B), France ($3.94B), and Hong Kong ($3.54B).

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Exporters of Parts of turbo-jet or turbo-propeller engines (2022)
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Importers of Parts of turbo-jet or turbo-propeller engines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United Kingdom$2.15B
Top Destination Growth (2021 -  2022)United States$2.77B

Between 2021 and 2022, the exports of Parts of turbo-jet or turbo-propeller engines grew the fastest in United Kingdom ($2.15B), France ($1.79B), United States ($1.15B), Canada ($430M), and Mexico ($422M).

Between 2021 and 2022, the fastest growing importers of Parts of turbo-jet or turbo-propeller engines were United States ($2.77B), United Kingdom ($1.11B), Germany ($1.09B), France ($916M), and Brazil ($748M).

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Exporters of Parts of turbo-jet or turbo-propeller engines (2021 - 2022)

Importers of Parts of turbo-jet or turbo-propeller engines (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Parts of turbo-jet or turbo-propeller engines are explained by 14 countries.

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

Net Trade

TOP NET EXPORTER (2022)United Kingdom$4.88B
TOP NET IMPORTER (2022)Hong Kong$3.13B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of turbo-jet or turbo-propeller engines were United Kingdom ($4.88B), France ($1.69B), Japan ($1.46B), Poland ($1.21B), and Italy ($701M).

In 2022, 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 ($3.13B), United States ($2.32B), Germany ($2.29B), Singapore ($1.65B), and Brazil ($953M).

Net Trade (2022)

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 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 (2022)

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