2023
Exports
$10BWorld Rnk 1 / 179
Flag Rnk 28 / 1217
2023
PRODUCT COMPLEXITY IN Combustion Engines
1.16Rnk 119 / 1025
2023
Imports
$6.27BWorld Rnk 2 / 219
Flag Rnk 93 / 1215
2023
ECONOMIC COMPLEXITY of United States
1.5Rnk 10 / 132

About

Exports In 2023, United States exported $10B in Combustion Engines, making it the 1st largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 28th most exported product in United States. The main destination of Combustion Engines exports from United States are: Mexico ($5.84B), Canada ($1.1B), China ($468M), Australia ($265M), and United Kingdom ($248M).

The fastest growing export markets for Combustion Engines of United States between 2022 and 2023 were Canada ($227M), China ($54.8M), and Australia ($53.3M).

Imports In 2023, United States imported $6.27B in Combustion Engines, becoming the 2nd largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 93rd most imported product in United States. United States imports Combustion Engines primarily from: Mexico ($1.71B), Japan ($1.18B), Germany ($973M), United Kingdom ($797M), and Austria ($387M).

The fastest growing import markets in Combustion Engines for United States between 2022 and 2023 were United Kingdom ($266M), Mexico ($100M), and Austria ($55.8M).

COMPANIES In 2023, leading companies such as Kubota (682), John Deere (501), and Rolls-Royce (125) were at the forefront of shipping Combustion Engines to the United States.

Latest Trends

November 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)$114M(19.2%)
IMPORT GROWTH (November 2023 - November 2024)$-91.4M(-18%)
MAIN EXPORTER (November 2024)Indiana$177M
MAIN DESTINATION (November 2024)Mexico$419M

This section shows Combustion Engines's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Combustion Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$10B
IMPORTS (2023)$6.27B
NET TRADE (2023)$3.73B

In 2023, United States exported $10B in Combustion Engines. The main destinations of United States exports on Combustion Engines were Mexico ($5.84B), Canada ($1.1B), China ($468M), Australia ($265M), and United Kingdom ($248M).

In 2023, United States imported $6.27B in Combustion Engines, mainly from Mexico ($1.71B), Japan ($1.18B), Germany ($973M), United Kingdom ($797M), and Austria ($387M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR United States WERE (2022 - 2023):
Canada$227M (25.9%)
China$54.8M (13.2%)
Australia$53.3M (25.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY United States WERE (2022 - 2023):
Russia-$17.4M (-100%)
Algeria-$14.2M (-99.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United States's main exporting competitors in Combustion Engines were:
In 2023, United States's main importing competitors in Combustion Engines were:
Mexico $6.47B
Germany $4.57B

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Trade Value of Combustion Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $140M
TOP IMPORT POTENTIALUnited Kingdom+ $97.6M

Combustion Engines’s highest export potential is China. With an export gap of $140M.   Combustion Engines’s highest import potential is United Kingdom with an import gap of $97.6M.

See methodology.

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