2023
Exports
$1.76BWorld Rnk 11 / 222
Flag Rnk 39 / 1212
2023
PRODUCT COMPLEXITY IN Engine Parts
1.05Rnk 160 / 1025
2023
Imports
$1.6BWorld Rnk 13 / 224
Flag Rnk 61 / 1208
2023
ECONOMIC COMPLEXITY of India
0.65Rnk 39 / 132

About

Exports In 2023, India exported $1.76B in Engine Parts, making it the 11th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 39th most exported product in India. The main destination of Engine Parts exports from India are: United States ($475M), United Kingdom ($156M), Germany ($147M), Brazil ($102M), and Mexico ($70.5M).

The fastest growing export markets for Engine Parts of India between 2022 and 2023 were United States ($25.2M), Russia ($19.5M), and Germany ($13.9M).

Imports In 2023, India imported $1.6B in Engine Parts, becoming the 13th largest importer of Engine Parts in the world. At the same year, Engine Parts was the 61st most imported product in India. India imports Engine Parts primarily from: Germany ($268M), China ($235M), Thailand ($230M), Japan ($174M), and South Korea ($165M).

The fastest growing import markets in Engine Parts for India between 2022 and 2023 were Germany ($82.1M), Japan ($40.4M), and Thailand ($31.3M).

COMPANIES In 2023, leading companies such as Cummins Jaw Warehouse (1.13k), Cummins (874), and Stihl (201) were at the forefront of shipping Engine Parts 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 Engine Parts. 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)$1.76B
IMPORTS (2023)$1.6B
NET TRADE (2023)$160M

In 2023, India exported $1.76B in Engine Parts. The main destinations of India exports on Engine Parts were United States ($475M), United Kingdom ($156M), Germany ($147M), Brazil ($102M), and Mexico ($70.5M).

In 2023, India imported $1.6B in Engine Parts, mainly from Germany ($268M), China ($235M), Thailand ($230M), Japan ($174M), and South Korea ($165M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR India WERE (2022 - 2023):
United States$25.2M (5.59%)
Russia$19.5M (165%)
Germany$13.9M (10.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY India WERE (2022 - 2023):
France-$26.2M (-45%)
Slovakia-$15.5M (-49.7%)
United Kingdom-$12.9M (-7.64%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, India's main exporting competitors in Engine Parts were:
In 2023, India's main importing competitors in Engine Parts were:

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Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $208M
TOP IMPORT POTENTIALChina+ $194M

Engine Parts’s highest export potential is United States. With an export gap of $208M.   Engine Parts’s highest import potential is China with an import gap of $194M.

See methodology.

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