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Pricing

2022
Exports | Imports $7B | $11.7BWorld Rnk 1 / 180
Flag Rnk 45 / 1217
World Rnk 1 / 222
Flag Rnk 54 / 1216
2021 - 2022
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN $684M | $408MMexico |  Japan
2022
ECONOMIC COMPLEXITY of United States1.41Rnk 10 / 124
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines1.19Rnk 109 / 1025

About

Exports In 2022, United States exported $7B in Spark-Ignition Engines, making it the 1st largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 45th most exported product in United States. The main destination of Spark-Ignition Engines exports from United States are: Canada ($2.75B), Mexico ($2.22B), Singapore ($237M), Belgium ($212M), and Thailand ($171M).

The fastest growing export markets for Spark-Ignition Engines of United States between 2021 and 2022 were Mexico ($684M), Singapore ($230M), and Thailand ($147M).

Imports In 2022, United States imported $11.7B in Spark-Ignition Engines, becoming the 1st largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 54th most imported product in United States. United States imports Spark-Ignition Engines primarily from: Mexico ($2.7B), Canada ($2.26B), Japan ($2.16B), Germany ($1.57B), and Austria ($651M).

The fastest growing import markets in Spark-Ignition Engines for United States between 2021 and 2022 were Japan ($408M), Mexico ($267M), and Canada ($216M).

COMPANIES In 2023, leading companies such as LG ELECTRONICS U.S.A. INC. (1.25k), FORD MOTOR COMPANY (960), and AMAZON SERVICES LLC (464) were at the forefront of shipping Spark-Ignition Engines to the United States.

Latest Trends

January 2024

About

Overview In January 2024 United States' Spark-Ignition Engines exports accounted up to $593M and imports accounted up to $915M, resulting in a negative trade balance of $322M. Between January 2023 and January 2024 the exports of United States'   Spark-Ignition Engines have decreased by $-21.2M (-3.45%) from $614M to $593M, while imports decreased by $-1.43M (-0.16%) from $917M to $915M.

Destinations In January 2024, Spark-Ignition Engines were exported mostly to Canada ($354M), Mexico ($166M), Belgium ($15.5M), Japan ($10.4M), and Brazil ($10.3M), and were imported mostly from Mexico ($244M), Canada ($219M), Germany ($124M), Japan ($111M), and South Korea ($75.3M).

Growth In January 2024, the decrease in Spark-Ignition Engines's year-by-year exports was explained primarily by a decrease in exports to India ($-11.6M or -90%), China ($-8.8M or -49.4%), and Turkey ($-3.92M or -92.7%). In January 2024, the decrease in Spark-Ignition Engines's year-by-year imports was explained primarily by a decrease in imports from Japan ($-33.9M or -19.5%), Mexico ($-31.6M or -11.5%), and Italy ($-19M or -42.8%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (January 2023 - January 2024)$-21.2M(-3.45%)
IMPORT GROWTH (January 2023 - January 2024)$-1.43M(-0.16%)
MAIN EXPORTER (January 2024)Ohio$128M
MAIN DESTINATION (January 2024)Canada$354M

This section shows Spark-Ignition 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 Spark-Ignition Engines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$7B
IMPORTS (2022)$11.7B
NET TRADE (2022)-$4.74B

In 2022, United States exported $7B in Spark-Ignition Engines. The main destinations of United States exports on Spark-Ignition Engines were Canada ($2.75B), Mexico ($2.22B), Singapore ($237M), Belgium ($212M), and Thailand ($171M).

In 2022, United States imported $11.7B in Spark-Ignition Engines, mainly from Mexico ($2.7B), Canada ($2.26B), Japan ($2.16B), Germany ($1.57B), and Austria ($651M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$684M (44.5%)
Singapore$230M (3.1k%)
Thailand$147M (612%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY United States WERE (2021 - 2022):
China-$38.6M (-20.2%)
Iceland-$24.9M (-98.9%)
Brazil-$21.7M (-27%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

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

Explore Visualizations

Trade Value of Spark-Ignition Engines by Exporters

Keep Exploring

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