841111 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Turbo-jet engines of a thrust < 25 KN. In 2022, Turbo-jet engines of a thrust < 25 KN were the world's 2105th most traded product, with a total trade of $1.08B. Between 2021 and 2022 the exports of Turbo-jet engines of a thrust < 25 KN decreased by -18.5%, from $1.33B to $1.08B. Trade in Turbo-jet engines of a thrust < 25 KN represent 0.0046% of total world trade.

Turbo-jet engines of a thrust < 25 KN are a part of Gas Turbines.

Exports In 2022 the top exporters of Turbo-jet engines of a thrust < 25 KN  were United States ($405M), Canada ($270M), Ukraine ($108M), United Kingdom ($90.3M), and Germany ($42.6M).

Imports In 2022 the top importers of Turbo-jet engines of a thrust < 25 KN were United States ($280M), Canada ($149M), Qatar ($93.8M), Germany ($80.4M), and United Kingdom ($77.2M).

Ranking Turbo-jet engines of a thrust < 25 KN ranks 1351st in the Product Complexity Index (PCI).

Description A turbo-jet engine is a type of gas turbine engine that extracts energy from the engine exhaust. The engine is often used to power aircraft for short distances such as commuter flights.

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Turbo-jet engines of a thrust < 25 KN. 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$405M
Top Destination (2022)United States$280M

In 2022 Turbo-jet engines of a thrust < 25 KN were the world's 2105th most traded product (out of 4,648).

In 2022, the top exporters of Turbo-jet engines of a thrust < 25 KN were United States ($405M), Canada ($270M), Ukraine ($108M), United Kingdom ($90.3M), and Germany ($42.6M).

In 2022, the top importers of Turbo-jet engines of a thrust < 25 KN were United States ($280M), Canada ($149M), Qatar ($93.8M), Germany ($80.4M), and United Kingdom ($77.2M).

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Exporters of Turbo-jet engines of a thrust < 25 KN (2022)
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Importers of Turbo-jet engines of a thrust < 25 KN (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$75M
Top Destination Growth (2021 -  2022)United Kingdom$39.4M

Between 2021 and 2022, the exports of Turbo-jet engines of a thrust < 25 KN grew the fastest in United States ($75M), Brazil ($18.6M), United Arab Emirates ($7.19M), Norway ($3.86M), and Spain ($2.47M).

Between 2021 and 2022, the fastest growing importers of Turbo-jet engines of a thrust < 25 KN were United Kingdom ($39.4M), Qatar ($36.7M), Germany ($23.2M), Turkey ($17.2M), and Malaysia ($12M).

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Exporters of Turbo-jet engines of a thrust < 25 KN (2021 - 2022)

Importers of Turbo-jet engines of a thrust < 25 KN (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Turbo-jet engines of a thrust < 25 KN.

In 2022, market concentration measured using Shannon Entropy, was 2.91. This means that most of the exports of Turbo-jet engines of a thrust < 25 KN are explained by 7 countries.

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Value of Exports in Turbo-jet engines of a thrust < 25 KN

Net Trade

TOP NET EXPORTER (2022)United States$125M
TOP NET IMPORTER (2022)Qatar$93.8M

This map shows which countries export or import more of Turbo-jet engines of a thrust < 25 KN. Each country is colored based on the difference in exports and imports of Turbo-jet engines of a thrust < 25 KN during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Turbo-jet engines of a thrust < 25 KN were United States ($125M), Canada ($121M), Ukraine ($108M), Brazil ($27.4M), and United Kingdom ($13.1M).

In 2022, the countries that had a largest trade value in imports than in exports of Turbo-jet engines of a thrust < 25 KN were Qatar ($93.8M), China ($68.9M), Switzerland ($54.1M), Turkey ($51.5M), and Germany ($37.8M).

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 Turbo-jet engines of a thrust < 25 KN.
It is possible to select the main countries that export or import Turbo-jet engines of a thrust < 25 KN in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Turbo-jet engines of a thrust < 25 KN 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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