HS Icon Spark-Ignition Engines

8407 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Spark-Ignition Engines. In 2020, Spark-Ignition Engines were the world's 82nd most traded product, with a total trade of $43.1B. Between 2019 and 2020 the exports of Spark-Ignition Engines decreased by -21.4%, from $54.8B to $43.1B. Trade in Spark-Ignition Engines represent 0.26% of total world trade.

Spark-Ignition Engines are a part of Machinery, mechanical appliances, & parts. They include Engines, spark-ignition reciprocating, over 1000 cc, Aircraft engines, spark-ignition, Engines, spark-ignition type nes, Outboard motors, spark-ignition, Engines, spark-ignition reciprocating, 250-1000 cc, Engines, spark-ignition reciprocating, 50-250 cc, Marine propulsion spark-ignition engines nes, and Engines, spark-ignition reciprocating, <50 cc.

Exports In 2020 the top exporters of Spark-Ignition Engines  were United States ($6.05B), Germany ($4.66B), Japan ($4.64B), Mexico ($3.54B), and Hungary ($2.67B).

Imports In 2020 the top importers of Spark-Ignition Engines were United States ($9.54B), Canada ($4.22B), Germany ($3.3B), Mexico ($2.54B), and Spain ($2.37B).

Tariffs In 2018 the average tariff for Spark-Ignition Engines was 6.21%, making it the 682nd lowest tariff using the HS4 product classification.

Ranking Spark-Ignition Engines ranks 169th in the Product Complexity Index (PCI).

Description A spark-ignition reciprocating or rotary internal combustion piston engine is a type of internal combustion engine that uses a spark plug to ignite the fuel in the cylinder.

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Y-AXIS SCALE

The following visualization shows the latest trends on 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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): United States, $6.05B

Top Destination (2020): United States, $9.54B

Spark-Ignition Engines are the world's 82nd most traded product.

In 2020, the top exporters of Spark-Ignition Engines were United States ($6.05B), Germany ($4.66B), Japan ($4.64B), Mexico ($3.54B), and Hungary ($2.67B).

In 2020, the top importers of Spark-Ignition Engines were United States ($9.54B), Canada ($4.22B), Germany ($3.3B), Mexico ($2.54B), and Spain ($2.37B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Saudi Arabia, $384M

Top Destination Growth (2019 - 2020): United Kingdom, $234M

Between 2019 and 2020, the exports of Spark-Ignition Engines grew the fastest in Saudi Arabia ($384M), Brazil ($53.6M), Finland ($48.5M), India ($48.2M), and Russia ($46.1M).

Between 2019 and 2020, the fastest growing importers of Spark-Ignition Engines were United Kingdom ($234M), Vietnam ($171M), Ireland ($155M), El Salvador ($93.2M), and Iran ($49.4M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Spark-Ignition Engines.

In 2020,  market concentration measured using Shannon Entropy, was 4.34. This means that most of the exports of Spark-Ignition Engines are explained by 20 countries.

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TOP NET EXPORTER (2020): Japan, $4.41B

TOP NET IMPORTER (2020): United States, $3.5B

This map shows which countries export or import more of Spark-Ignition Engines. Each country is colored based on the difference in exports and imports of Spark-Ignition Engines during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Spark-Ignition Engines were Japan ($4.41B), Hungary ($2.1B), Austria ($1.97B), Germany ($1.36B), and Thailand ($1.11B).

In 2020, the countries that had a largest trade value in imports than in exports of Spark-Ignition Engines were United States ($3.5B), Canada ($2.11B), Spain ($1.36B), Russia ($1.08B), and Czechia ($786M).

Disaggregation

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Value

In 2020, the world most traded Spark-Ignition Engines, disaggragated by their HS6 level were Engines, spark-ignition reciprocating, over 1000 cc ($29.4B), Aircraft engines, spark-ignition ($3.43B), Engines, spark-ignition reciprocating, 250-1000 cc ($3.43B), Engines, spark-ignition type nes ($2.82B), and Outboard motors, spark-ignition ($2.82B)

Country Comparison

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Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Spark-Ignition Engines to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.