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870192 (Harmonized System 2017 for 6-digit)

2022
World Trade $3.06BRnk 1180 / 5380
2022
Top Exporter | Top Importer $791M | $1.37BSouth Korea | United States
2022
Product Complexity 0.49Rnk 1925 / 5381
2021 - 2022
Export Growth (CAGR) 13.9%Rnk 1535 / 5380
2022
Share of World Trade 0.013%Rnk 1180 / 5380

About

Overview This page contains the latest trade data of Engine power > 18kW < 37kW. In 2022, Engine power > 18kW < 37kW were the world's 1180th most traded product, with a total trade of $3.06B. Between 2021 and 2022 the exports of Engine power > 18kW < 37kW grew by 13.9%, from $2.69B to $3.06B. Trade in Engine power > 18kW < 37kW represent 0.013% of total world trade.

Engine power > 18kW < 37kW are a part of Tractors; (other than tractors of heading no 8709).

Exports In 2022 the top exporters of Engine power > 18kW < 37kW  were South Korea ($791M), Japan ($629M), India ($382M), United States ($360M), and China ($229M).

Imports In 2022 the top importers of Engine power > 18kW < 37kW were United States ($1.37B), Canada ($195M), France ($142M), Netherlands ($132M), and Germany ($131M).

Ranking Engine power > 18kW < 37kW ranks 1925th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Engine power > 18kW < 37kW. 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 (2022)South Korea$791M
Top Destination (2022)United States$1.37B

In 2022 Engine power > 18kW < 37kW were the world's 1180th most traded product (out of 5,380).

In 2022, the top exporters of Engine power > 18kW < 37kW were South Korea ($791M), Japan ($629M), India ($382M), United States ($360M), and China ($229M).

In 2022, the top importers of Engine power > 18kW < 37kW were United States ($1.37B), Canada ($195M), France ($142M), Netherlands ($132M), and Germany ($131M).

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Exporters of Engine power > 18kW < 37kW (2022)
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Importers of Engine power > 18kW < 37kW (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)South Korea$146M
Top Destination Growth (2021 -  2022)United States$308M

Between 2021 and 2022, the exports of Engine power > 18kW < 37kW grew the fastest in South Korea ($146M), United States ($123M), Japan ($111M), India ($17.4M), and Indonesia ($16.6M).

Between 2021 and 2022, the fastest growing importers of Engine power > 18kW < 37kW were United States ($308M), Canada ($60.4M), Netherlands ($43.9M), France ($33M), and Australia ($31.6M).

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Exporters of Engine power > 18kW < 37kW (2021 - 2022)

Importers of Engine power > 18kW < 37kW (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Engine power > 18kW < 37kW.

In 2022, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Engine power > 18kW < 37kW are explained by 10 countries.

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Value of Exports in Engine power > 18kW < 37kW

Net Trade

TOP NET EXPORTER (2022)South Korea$787M
TOP NET IMPORTER (2022)United States$1.01B

This map shows which countries export or import more of Engine power > 18kW < 37kW. Each country is colored based on the difference in exports and imports of Engine power > 18kW < 37kW during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Engine power > 18kW < 37kW were South Korea ($787M), Japan ($629M), India ($366M), China ($226M), and Thailand ($107M).

In 2022, the countries that had a largest trade value in imports than in exports of Engine power > 18kW < 37kW were United States ($1.01B), Canada ($194M), France ($89.9M), Australia ($80.3M), and Netherlands ($72.2M).

Net Trade (2022)

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 < 37kW.
It is possible to select the main countries that export or import Engine power > 18kW < 37kW in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Engine power > 18kW < 37kW 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 (2022)

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