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2023
Exports $1.79BWorld Rnk 11 / 188
Flag Rnk 36 / 1216
2023
Destination $197M Slovakia
2022 - 2023
FASTEST GROWING MARKET $197MSlovakia
2023
PRODUCT COMPLEXITY IN Spark-Ignition Engines1.24Rnk 94 / 1025
2023
Imports $1.28BWorld Rnk 10 / 220
Flag Rnk 101 / 1214
2023
Origin $240M Germany
2022 - 2023
FASTEST GROWING ORIGIN $240MJapan
2023
ECONOMIC COMPLEXITY of United Kingdom1.5Rnk 11 / 132

About

Exports In 2023, United Kingdom exported $1.79B in Spark-Ignition Engines, making it the 11th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 36th most exported product in United Kingdom. The main destination of Spark-Ignition Engines exports from United Kingdom are: Slovakia ($436M), United States ($303M), Germany ($277M), Saudi Arabia ($198M), and Netherlands ($194M).

The fastest growing export markets for Spark-Ignition Engines of United Kingdom between 2022 and 2023 were Slovakia ($197M), Saudi Arabia ($196M), and Germany ($117M).

Imports In 2023, United Kingdom imported $1.28B in Spark-Ignition Engines, becoming the 10th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 101st most imported product in United Kingdom. United Kingdom imports Spark-Ignition Engines primarily from: Germany ($437M), Japan ($367M), Oman ($125M), China ($81.2M), and United States ($62.5M).

The fastest growing import markets in Spark-Ignition Engines for United Kingdom between 2022 and 2023 were Japan ($240M), United Arab Emirates ($58.8M), and China ($12.7M).

COMPANIES In 2024, leading companies such as Ford Motor Company (11) and Dole Fresh Fruit (6) were at the forefront of shipping Spark-Ignition Engines from United Kingdom to the United States.

Latest Trends

December 2024

About

Overview In December 2024 United Kingdom's Spark-Ignition Engines exports accounted up to £95.6M and imports accounted up to £41.7M, resulting in a positive trade balance of £53.9M. Between December 2023 and December 2024 the exports of United Kingdom's   Spark-Ignition Engines have decreased by £-16.9M (-15%) from £112M to £95.6M, while imports decreased by £-28.8M (-40.8%) from £70.5M to £41.7M.

Destinations In December 2024, Spark-Ignition Engines were exported mostly to Slovakia (£21.9M), United States (£18.7M), Germany (£18.4M), Japan (£14.2M), and Turkey (£12.7M), and were imported mostly from Germany (£20.3M), Japan (£8.67M), China (£2.3M), Thailand (£2.09M), and Netherlands (£2.07M).

Growth In December 2024, the decrease in Spark-Ignition Engines's year-by-year exports was explained primarily by a decrease in exports to Netherlands (£-6.06M or -53.2%), Slovakia (£-5.75M or -29.2%), and Portugal (£-4.85M or -97.6%). In December 2024, the decrease in Spark-Ignition Engines's year-by-year imports was explained primarily by a decrease in imports from Germany (£-19.4M or -60.1%), China (£-3.25M or -48.4%), and Austria (£-1.74M or -59%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)£-16.9M(-15%)
IMPORT GROWTH (December 2023 - December 2024)£-28.8M(-40.8%)
MAIN EXPORTER (December 2024)
MAIN DESTINATION (December 2024)Slovakia£21.9M

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 (2023)$1.79B
IMPORTS (2023)$1.28B
NET TRADE (2023)$511M

In 2023, United Kingdom exported $1.79B in Spark-Ignition Engines. The main destinations of United Kingdom exports on Spark-Ignition Engines were Slovakia ($436M), United States ($303M), Germany ($277M), Saudi Arabia ($198M), and Netherlands ($194M).

In 2023, United Kingdom imported $1.28B in Spark-Ignition Engines, mainly from Germany ($437M), Japan ($367M), Oman ($125M), China ($81.2M), and United States ($62.5M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR United Kingdom WERE (2022 - 2023):
Slovakia$197M (82.9%)
Saudi Arabia$196M (14.7k%)
Germany$117M (73.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY United Kingdom WERE (2022 - 2023):
Ethiopia-$67.7M (-83.9%)
United Arab Emirates-$28.9M (-87.1%)
Australia-$26.5M (-89.9%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, United Kingdom's main exporting competitors in Spark-Ignition Engines were:
United States $8.37B
Germany $6.24B
Japan $4.75B
In 2023, United Kingdom's main importing competitors in Spark-Ignition Engines were:
United States $12.8B
Canada $5.21B
Germany $4.95B

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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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