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2022
Exports $8.39BWorld Rnk 1 / 186
Flag Rnk 36 / 1217
2022
Destination $335M Mexico
2021 - 2022
FASTEST GROWING MARKET $335MCanada
2022
PRODUCT COMPLEXITY IN Combustion Engines1.13Rnk 126 / 1025
2022
Imports $5.93BWorld Rnk 1 / 220
Flag Rnk 104 / 1216
2022
Origin $74.6M Mexico
2021 - 2022
FASTEST GROWING ORIGIN $74.6MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $8.39B in Combustion Engines, making it the 1st largest exporter of Combustion Engines in the world. At the same year, Combustion Engines was the 36th most exported product in United States. The main destination of Combustion Engines exports from United States are: Mexico ($5.1B), Canada ($930M), China ($388M), Brazil ($214M), and Australia ($212M).

The fastest growing export markets for Combustion Engines of United States between 2021 and 2022 were Canada ($335M), Mexico ($221M), and Brazil ($38.3M).

Imports In 2022, United States imported $5.93B in Combustion Engines, becoming the 1st largest importer of Combustion Engines in the world. At the same year, Combustion Engines was the 104th most imported product in United States. United States imports Combustion Engines primarily from: Mexico ($1.43B), Japan ($1.29B), Germany ($1.02B), Italy ($536M), and United Kingdom ($506M).

The fastest growing import markets in Combustion Engines for United States between 2021 and 2022 were United Kingdom ($74.6M), South Korea ($60.7M), and Thailand ($28M).

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

September 2024

About

Overview In September 2024 United States' Combustion Engines exports accounted up to $655M and imports accounted up to $482M, resulting in a positive trade balance of $173M. Between September 2023 and September 2024 the exports of United States'   Combustion Engines have increased by $22.9M (3.62%) from $632M to $655M, while imports increased by $42.9M (9.76%) from $439M to $482M.

Destinations In September 2024, Combustion Engines were exported mostly to Mexico ($344M), Canada ($105M), Brazil ($25.3M), Australia ($22.1M), and China ($18.1M), and were imported mostly from Mexico ($166M), Japan ($73.1M), Germany ($70.1M), United Kingdom ($67M), and Austria ($36.6M).

Growth In September 2024, the increase in Combustion Engines's year-by-year exports was explained primarily by an increase in exports to Mexico ($48.2M or 19.1%), India ($31.4M or 383%), and Canada ($13.2M or 19.4%). In September 2024, the increase in Combustion Engines's year-by-year imports was explained primarily by an increase in imports from Mexico ($35.1M or 30.8%), United Kingdom ($29.1M or 92.7%), and Japan ($12.2M or 11.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$22.9M(3.62%)
IMPORT GROWTH (September 2023 - September 2024)$42.9M(9.76%)
MAIN EXPORTER (September 2024)Indiana$177M
MAIN DESTINATION (September 2024)Mexico$344M

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 (2022)$8.39B
IMPORTS (2022)$5.93B
NET TRADE (2022)$2.46B

In 2022, United States exported $8.39B in Combustion Engines. The main destinations of United States exports on Combustion Engines were Mexico ($5.1B), Canada ($930M), China ($388M), Brazil ($214M), and Australia ($212M).

In 2022, United States imported $5.93B in Combustion Engines, mainly from Mexico ($1.43B), Japan ($1.29B), Germany ($1.02B), Italy ($536M), and United Kingdom ($506M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Combustion Engines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$335M (56.2%)
Mexico$221M (4.53%)
Brazil$38.3M (21.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Combustion Engines BY United States WERE (2021 - 2022):
Russia-$105M (-85.8%)
South Korea-$16.7M (-45.5%)
Belarus-$14.8M (-98.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Combustion Engines were:
Germany $5.58B
Japan $4.24B
In 2022, United States's main importing competitors in Combustion Engines were:
Mexico $5.75B
Germany $3.93B

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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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