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2022
Exports $1.18BWorld Rnk 14 / 180
Flag Rnk 69 / 1216
2022
Destination $77.2M United States
2021 - 2022
FASTEST GROWING MARKET $77.2MEthiopia
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines1.15Rnk 117 / 1025
2022
Imports $1.1BWorld Rnk 8 / 222
Flag Rnk 120 / 1214
2022
Origin $194M Germany
2021 - 2022
FASTEST GROWING ORIGIN $194MGermany
2022
ECONOMIC COMPLEXITY of United Kingdom1.42Rnk 12 / 133

About

Exports In 2022, United Kingdom exported $1.18B in Spark-Ignition Engines, making it the 14th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 69th most exported product in United Kingdom. The main destination of Spark-Ignition Engines exports from United Kingdom are: United States ($267M), Slovakia ($239M), Germany ($156M), Netherlands ($155M), and Turkey ($80.8M).

The fastest growing export markets for Spark-Ignition Engines of United Kingdom between 2021 and 2022 were Ethiopia ($77.2M), Slovakia ($57.1M), and Spain ($31.6M).

Imports In 2022, United Kingdom imported $1.1B in Spark-Ignition Engines, becoming the 8th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 120th most imported product in United Kingdom. United Kingdom imports Spark-Ignition Engines primarily from: Germany ($488M), Japan ($153M), Oman ($119M), China ($78.4M), and Austria ($51.2M).

The fastest growing import markets in Spark-Ignition Engines for United Kingdom between 2021 and 2022 were Germany ($194M), Oman ($119M), and Japan ($116M).

COMPANIES In 2023, leading companies such as Ford Motor Company (19), Dole Fresh Fruit (14), and Robert Bosch (2) were at the forefront of shipping Spark-Ignition Engines from United Kingdom to the United States.

Latest Trends

October 2024

About

Overview In October 2024 United Kingdom's Spark-Ignition Engines exports accounted up to £116M and imports accounted up to £54.3M, resulting in a positive trade balance of £62.2M. Between October 2023 and October 2024 the exports of United Kingdom's   Spark-Ignition Engines have decreased by £-8.64M (-6.91%) from £125M to £116M, while imports decreased by £-40.9M (-43%) from £95.2M to £54.3M.

Destinations In October 2024, Spark-Ignition Engines were exported mostly to United States (£30.5M), Germany (£27.9M), Slovakia (£27.3M), Turkey (£18.4M), and Poland (£2.03M), and were imported mostly from Germany (£16.2M), Japan (£14.6M), China (£9.29M), Austria (£4.44M), and Netherlands (£2.97M).

Growth In October 2024, the decrease in Spark-Ignition Engines's year-by-year exports was explained primarily by a decrease in exports to Turkey (£-4.1M or -91%), Austria (£-331k or -59.8%), and Japan (£-121k or -62.2%). In October 2024, the decrease in Spark-Ignition Engines's year-by-year imports was explained primarily by a decrease in imports from Mexico (£-4.05M or -99.3%), Belgium (£-987k or -35.8%), and Netherlands (£-716k or -20%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)£-8.64M(-6.91%)
IMPORT GROWTH (October 2023 - October 2024)£-40.9M(-43%)
MAIN EXPORTER (October 2024)Dover Eurotunnel£55.8M
MAIN DESTINATION (October 2024)United States£30.5M

This section shows Spark-Ignition Engines's exports and imports data at subnational level for United Kingdom. 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 Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.18B
IMPORTS (2022)$1.1B
NET TRADE (2022)$80.7M

In 2022, United Kingdom exported $1.18B in Spark-Ignition Engines. The main destinations of United Kingdom exports on Spark-Ignition Engines were United States ($267M), Slovakia ($239M), Germany ($156M), Netherlands ($155M), and Turkey ($80.8M).

In 2022, United Kingdom imported $1.1B in Spark-Ignition Engines, mainly from Germany ($488M), Japan ($153M), Oman ($119M), China ($78.4M), and Austria ($51.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR United Kingdom WERE (2021 - 2022):
Ethiopia$77.2M (2.21k%)
Slovakia$57.1M (31.4%)
Spain$31.6M (224%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY United Kingdom WERE (2021 - 2022):
United States-$105M (-28.2%)
Singapore-$69.7M (-96.2%)
Russia-$43.9M (-99.6%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United Kingdom's main exporting competitors in Spark-Ignition Engines were:
United States $7B
Germany $5.21B
Japan $5.2B
In 2022, United Kingdom's main importing competitors in Spark-Ignition Engines were:
United States $11.7B
Canada $4.24B
Germany $3.61B

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Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $86.6M
TOP IMPORT POTENTIALChina+ $34.5M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $86.6M.   Spark-Ignition Engines’s highest import potential is China with an import gap of $34.5M.

See methodology.

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