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Pricing

841112 (Harmonized System 1992 for 6-digit)

2022
World Trade $65.9BRnk 43 / 4648
2022
Top Exporter | Top Importer $16.9B | $7.57BUnited Kingdom | United States
2022
Product Complexity 0.38Rnk 1854 / 4653
2021 - 2022
Export Growth (CAGR) 9.89%Rnk 1613 / 4648
2022
Share of World Trade 0.28%Rnk 43 / 4648

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 43rd most traded product, with a total trade of $65.9B. Between 2021 and 2022 the exports of Turbo-jet engines of a thrust > 25 KN grew by 9.89%, from $60B to $65.9B. Trade in Turbo-jet engines of a thrust > 25 KN represent 0.28% 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 Kingdom ($16.9B), United States ($12.6B), Hong Kong ($7.4B), France ($6.21B), and Singapore ($5.37B).

Imports In 2022 the top importers of Turbo-jet engines of a thrust > 25 KN were United States ($7.57B), China ($6.57B), United Kingdom ($4.96B), Hong Kong ($4.4B), and United Arab Emirates ($3.51B).

Ranking Turbo-jet engines of a thrust > 25 KN ranks 1854th 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 Trends

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 (2022)United Kingdom$16.9B
Top Destination (2022)United States$7.57B

In 2022 Turbo-jet engines of a thrust > 25 KN were the world's 43rd most traded product (out of 4,648).

In 2022, the top exporters of Turbo-jet engines of a thrust > 25 KN were United Kingdom ($16.9B), United States ($12.6B), Hong Kong ($7.4B), France ($6.21B), and Singapore ($5.37B).

In 2022, the top importers of Turbo-jet engines of a thrust > 25 KN were United States ($7.57B), China ($6.57B), United Kingdom ($4.96B), Hong Kong ($4.4B), and United Arab Emirates ($3.51B).

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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 Kingdom$4.08B
Top Destination Growth (2021 -  2022)United Arab Emirates$2.36B

Between 2021 and 2022, the exports of Turbo-jet engines of a thrust > 25 KN grew the fastest in United Kingdom ($4.08B), Singapore ($2.25B), France ($928M), Chinese Taipei ($485M), and United Arab Emirates ($390M).

Between 2021 and 2022, the fastest growing importers of Turbo-jet engines of a thrust > 25 KN were United Arab Emirates ($2.36B), Hong Kong ($1.17B), Japan ($1.02B), Singapore ($1.02B), and United States ($827M).

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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 3.66. This means that most of the exports of Turbo-jet engines of a thrust > 25 KN are explained by 12 countries.

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

Net Trade

TOP NET EXPORTER (2022)United Kingdom$11.9B
TOP NET IMPORTER (2022)China$5.92B

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 Kingdom ($11.9B), United States ($5.01B), Hong Kong ($2.99B), France ($2.8B), and Singapore ($2.26B).

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 China ($5.92B), United Arab Emirates ($2.42B), Qatar ($1.63B), Brazil ($1.53B), and Japan ($1.53B).

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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