Overview:  This page contains the latest trade data of Combustion Engines. In 2019, Combustion Engines were the world's 76th most traded product, with a total trade of $47.1B. Between 2018 and 2019 the exports of Combustion Engines decreased by -7.26%, from $50.8B to $47.1B. Trade in Combustion Engines represent 0.26% of total world trade.

Exports: In 2019 the top exporters of Combustion Engines  were United States ($7.97B), Germany ($7.04B), Japan ($4.62B), United Kingdom ($4.29B), and France ($2.43B).

Imports: In 2019 the top importers of Combustion Engines were United States ($6.47B), Mexico ($5.53B), Germany ($4.48B), China ($3.05B), and Spain ($2.33B).

Tariffs: In 2018 the average tariff for Combustion Engines was 6.07%, making it the 694th lowest tariff using the HS4 product classification.

The countries with the highest import tariffs for Combustion Engines are Maldives (34.3%), Angola (25%), Bermuda (25%), Pakistan (23.2%), and Bahamas (21.2%). The countries with the lowest tariffs are Mauritius (0%), South Africa (0%), Zambia (0%), Hong Kong (0%), and Japan (0%).

Ranking: Combustion Engines ranks 131st in the Product Complexity Index (PCI).

Description: A diesel engine is a type of internal combustion engine that uses diesel fuel. Diesel engines are used in many different types of vehicles, including cars, trucks, trains, and boats.

Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2019): United States, $7.97B

Top Destination (2019): United States, $6.47B

Combustion Engines are the world's 76th most traded product.

In 2019, the top exporters of Combustion Engines were United States ($7.97B), Germany ($7.04B), Japan ($4.62B), United Kingdom ($4.29B), and France ($2.43B).

In 2019, the top importers of Combustion Engines were United States ($6.47B), Mexico ($5.53B), Germany ($4.48B), China ($3.05B), and Spain ($2.33B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): United States, $258M

Top Destination Growth (2018 - 2019): Mexico, $170M

Between 2018 and 2019, the exports of Combustion Engines grew the fastest in United States ($258M), India ($86M), South Korea ($84.3M), Brazil ($33.4M), and South Africa ($28.5M).

Between 2018 and 2019, the fastest growing importers of Combustion Engines were Mexico ($170M), South Africa ($136M), Slovakia ($126M), United Arab Emirates ($53.5M), and Finland ($52.6M).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Combustion Engines.

In 2019,  market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Combustion Engines are explained by 16 countries.

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TOP NET EXPORTER (2019): Japan, $3.77B

TOP NET IMPORTER (2019): Mexico, $3.61B

This map shows which countries export or import more of Combustion Engines. Each country is colored based on the difference in exports and imports of Combustion Engines during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Combustion Engines were Japan ($3.77B), United Kingdom ($2.87B), Germany ($2.56B), Sweden ($2.15B), and Hungary ($1.61B).

In 2019, the countries that had a largest trade value in imports than in exports of Combustion Engines were Mexico ($3.61B), Turkey ($1.82B), China ($1.6B), Spain ($1.27B), and Czechia ($1.18B).

Disaggregation

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Value

In 2019, the world most traded Combustion Engines, disaggragated by their HS6 level were Engines, diesel, for motor vehicles ($30B), Engines, diesel except motor vehicle/marine ($13.9B), and Marine propulsion engines, diesel ($3.24B)

Import Tariffs

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In 2018, the average tariff for importing Combustion Engines was 6.07%. The countries with the highest tariffs for importing Combustion Engines were Maldives (34.3%), Angola (25%), Bermuda (25%), Pakistan (23.2%), and Bahamas (21.2%).

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 Combustion Engines to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.