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870191 (Harmonized System 2017 for 6-digit)

2023
World Trade $992MRnk 2283 / 5380
2023
Top Exporter | Top Importer $195M | $187MJapan | Canada
2023
Product Complexity 0.82Rnk 1269 / 5381
2022 - 2023
Export Growth (CAGR) -29.4%Rnk 4898 / 5380
2023
Share of World Trade 0.0044%Rnk 2283 / 5380

About

Overview This page contains the latest trade data of Engine power < 18kW. In 2023, Engine power < 18kW were the world's 2283rd most traded product, with a total trade of $992M. Between 2022 and 2023 the exports of Engine power < 18kW decreased by -29.4%, from $1.41B to $992M. Trade in Engine power < 18kW represent 0.0044% of total world trade.

Engine power < 18kW are a part of Tractors; (other than tractors of heading no 8709).

Exports In 2023 the top exporters of Engine power < 18kW  were Japan ($195M), United States ($190M), India ($86.3M), China ($83M), and South Korea ($68.8M).

Imports In 2023 the top importers of Engine power < 18kW were Canada ($187M), United States ($133M), Poland ($64.1M), France ($54.2M), and Netherlands ($53.3M).

Ranking Engine power < 18kW ranks 1269th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Engine power < 18kW. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Japan$195M
Top Destination (2023)Canada$187M

In 2023 Engine power < 18kW were the world's 2283rd most traded product (out of 5,380).

In 2023, the top exporters of Engine power < 18kW were Japan ($195M), United States ($190M), India ($86.3M), China ($83M), and South Korea ($68.8M).

In 2023, the top importers of Engine power < 18kW were Canada ($187M), United States ($133M), Poland ($64.1M), France ($54.2M), and Netherlands ($53.3M).

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Exporters of Engine power < 18kW (2023)
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Importers of Engine power < 18kW (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)India$6.22M
Top Destination Growth (2022 -  2023)Germany$12.3M

Between 2022 and 2023, the exports of Engine power < 18kW grew the fastest in India ($6.22M), Czechia ($3.2M), Sweden ($2.73M), Bulgaria ($2.68M), and Hungary ($2.14M).

Between 2022 and 2023, the fastest growing importers of Engine power < 18kW were Germany ($12.3M), Italy ($7.1M), Estonia ($5.12M), Ukraine ($4.73M), and Turkey ($4.1M).

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Exporters of Engine power < 18kW (2022 - 2023)

Importers of Engine power < 18kW (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Engine power < 18kW.

In 2023, market concentration measured using Shannon Entropy, was 3.96. This means that most of the exports of Engine power < 18kW are explained by 15 countries.

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Value of Exports in Engine power < 18kW

Net Trade

TOP NET EXPORTER (2023)Japan$193M
TOP NET IMPORTER (2023)Canada$177M

This map shows which countries export or import more of Engine power < 18kW. Each country is colored based on the difference in exports and imports of Engine power < 18kW during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Engine power < 18kW were Japan ($193M), China ($82.5M), India ($68.4M), South Korea ($67.5M), and United States ($56.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Engine power < 18kW were Canada ($177M), Poland ($49.5M), Malaysia ($24.4M), Ukraine ($23.4M), and Netherlands ($19M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Engine power < 18kW.
It is possible to select the main countries that export or import Engine power < 18kW in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Engine power < 18kW by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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