Overview: This page contains the latest trade data of Engine Parts. In 2019, Engine Parts were the world's 42nd most traded product, with a total trade of $65.8B. Between 2018 and 2019 the exports of Engine Parts decreased by -5.95%, from $70B to $65.8B. Trade in Engine Parts represent 0.36% of total world trade.
Exports: In 2019 the top exporters of Engine Parts were Germany ($13.2B), Japan ($6.5B), United States ($6.19B), China ($5.44B), and Mexico ($4.32B).
Imports: In 2019 the top importers of Engine Parts were United States ($11.6B), Germany ($6.44B), China ($3.84B), Mexico ($3.76B), and United Kingdom ($3.36B).
Tariffs: In 2018 the average tariff for Engine Parts was 4.75%, making it the 865th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Engine Parts are Maldives (37.6%), Bermuda (35%), Pakistan (24.9%), Jordan (15.6%), and Zambia (13.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), Hong Kong (0%), Japan (0%), and Sri Lanka (0%).
Ranking: Engine Parts ranks 144th in the Product Complexity Index (PCI).
Description: Parts suitable for use solely or principally with internal combustion piston engine are used in the production of other goods. They can be made from a variety of materials, including steel, aluminum, and copper.