841112 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Turbo-jet engines of a thrust > 25 KN. In 2023, Turbo-jet engines of a thrust > 25 KN were the world's 31st most traded product, with a total trade of $88.8B. Between 2022 and 2023 the exports of Turbo-jet engines of a thrust > 25 KN grew by 17.1%, from $75.8B to $88.8B. Trade in Turbo-jet engines of a thrust > 25 KN represent 0.39% of total world trade.

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

Exports In 2023 the top exporters of Turbo-jet engines of a thrust > 25 KN  were United States ($25.9B), United Kingdom ($17.1B), France ($8.49B), Hong Kong ($8.36B), and Canada ($4.28B).

Imports In 2023 the top importers of Turbo-jet engines of a thrust > 25 KN were Hong Kong ($9.65B), China ($9B), United States ($8.29B), Singapore ($7.35B), and France ($5.16B).

Ranking Turbo-jet engines of a thrust > 25 KN ranks 1620th in the Product Complexity Index (PCI).

Description A turbojet engine is a type of gas turbine engine that works by compressing air with a rotary compressor and then mixing it with fuel outside the engine, where it is ignited and the mixture is burnt. The hot gases that are created spin a turbine, which is connected to a shaft that runs the compressor, which then does a loop that goes around the engine. The hot gases are then either used to produce thrust in a nozzle or accelerated through a propelling nozzle to produce thrust. A turbojet engine is a type of gas turbine engine that works by compressing air with

Latest Data

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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 (2023)United States$25.9B
Top Destination (2023)Hong Kong$9.65B

In 2023 Turbo-jet engines of a thrust > 25 KN were the world's 31st most traded product (out of 4,644).

In 2023, the top exporters of Turbo-jet engines of a thrust > 25 KN were United States ($25.9B), United Kingdom ($17.1B), France ($8.49B), Hong Kong ($8.36B), and Canada ($4.28B).

In 2023, the top importers of Turbo-jet engines of a thrust > 25 KN were Hong Kong ($9.65B), China ($9B), United States ($8.29B), Singapore ($7.35B), and France ($5.16B).

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Exporters of Turbo-jet engines of a thrust > 25 KN (2023)
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Importers of Turbo-jet engines of a thrust > 25 KN (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$3.27B
Top Destination Growth (2022 -  2023)Hong Kong$2.16B

Between 2022 and 2023, the exports of Turbo-jet engines of a thrust > 25 KN grew the fastest in United States ($3.27B), United Kingdom ($2.82B), France ($1.82B), Canada ($1.5B), and Hong Kong ($965M).

Between 2022 and 2023, the fastest growing importers of Turbo-jet engines of a thrust > 25 KN were Hong Kong ($2.16B), United Kingdom ($1.72B), Singapore ($1.44B), China ($1.25B), and France ($927M).

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Exporters of Turbo-jet engines of a thrust > 25 KN (2022 - 2023)

Importers of Turbo-jet engines of a thrust > 25 KN (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.57. This means that most of the exports of Turbo-jet engines of a thrust > 25 KN are explained by 11 countries.

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

Net Trade

TOP NET EXPORTER (2023)United States$17.7B
TOP NET IMPORTER (2023)China$5.17B

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 2023.

In 2023, 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 ($17.7B), United Kingdom ($13.5B), France ($3.33B), Canada ($3.08B), and Luxembourg ($361M).

In 2023, the countries that had a largest trade value in imports than in exports of Turbo-jet engines of a thrust > 25 KN were China ($5.17B), Japan ($3.36B), Singapore ($3.29B), Brazil ($3.13B), and United Arab Emirates ($2.29B).

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 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 (2023)

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