2023
Exports
$1.68BWorld Rnk 11 / 179
Flag Rnk 40 / 1212
2023
PRODUCT COMPLEXITY IN Combustion Engines
1.16Rnk 119 / 1025
2023
Imports
$580MWorld Rnk 22 / 219
Flag Rnk 157 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $1.68B in Combustion Engines, making it the 11th largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 40th most exported product in India. The main destination of Combustion Engines exports from India are: Thailand ($484M), China ($257M), Indonesia ($101M), United States ($89.6M), and Turkey ($89.6M).

The fastest growing export markets for Combustion Engines of India between 2022 and 2023 were Indonesia ($81.3M), Argentina ($57.3M), and United States ($31.9M).

Imports In 2023, India imported $580M in Combustion Engines, becoming the 22nd largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 157th most imported product in India. India imports Combustion Engines primarily from: United States ($124M), Thailand ($78.9M), China ($77.5M), Japan ($64.5M), and Germany ($48.1M).

The fastest growing import markets in Combustion Engines for India between 2022 and 2023 were Denmark ($29.9M), China ($19.5M), and United States ($16.2M).

COMPANIES In 2023, leading companies such as Rolls-Royce (20), Volvo (6), and Cummins Jaw Warehouse (3) were at the forefront of shipping Combustion Engines from India to the United States.

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Combustion Engines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.68B
IMPORTS (2023)$580M
NET TRADE (2023)$1.1B

In 2023, India exported $1.68B in Combustion Engines. The main destinations of India exports on Combustion Engines were Thailand ($484M), China ($257M), Indonesia ($101M), United States ($89.6M), and Turkey ($89.6M).

In 2023, India imported $580M in Combustion Engines, mainly from United States ($124M), Thailand ($78.9M), China ($77.5M), Japan ($64.5M), and Germany ($48.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR India WERE (2022 - 2023):
Indonesia$81.3M (410%)
Argentina$57.3M (815%)
United States$31.9M (55.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY India WERE (2022 - 2023):
Thailand-$219M (-31.1%)
South Korea-$16.8M (-53.3%)
China-$15.7M (-5.75%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Combustion Engines were:
In 2023, India's main importing competitors in Combustion Engines were:

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $201M
TOP IMPORT POTENTIALChina+ $67.3M

Combustion Engines’s highest export potential is China. With an export gap of $201M.   Combustion Engines’s highest import potential is China with an import gap of $67.3M.

See methodology.

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