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870193 (Harmonized System 2017 for 6-digit)

2023
World Trade $5.89BRnk 642 / 5380
2023
Top Exporter | Top Importer $966M | $1.37BItaly | United States
2023
Product Complexity 0.44Rnk 2042 / 5381
2022 - 2023
Export Growth (CAGR) -10.1%Rnk 3257 / 5380
2023
Share of World Trade 0.026%Rnk 642 / 5380

About

Overview This page contains the latest trade data of Engine power > 37kW < 75kW. In 2023, Engine power > 37kW < 75kW were the world's 642nd most traded product, with a total trade of $5.89B. Between 2022 and 2023 the exports of Engine power > 37kW < 75kW decreased by -10.1%, from $6.55B to $5.89B. Trade in Engine power > 37kW < 75kW represent 0.026% of total world trade.

Engine power > 37kW < 75kW are a part of Tractors; (other than tractors of heading no 8709).

Exports In 2023 the top exporters of Engine power > 37kW < 75kW  were Italy ($966M), Japan ($777M), India ($757M), Turkey ($540M), and Germany ($434M).

Imports In 2023 the top importers of Engine power > 37kW < 75kW were United States ($1.37B), France ($433M), Italy ($325M), Germany ($284M), and Spain ($231M).

Ranking Engine power > 37kW < 75kW ranks 2042nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Engine power > 37kW < 75kW. 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)Italy$966M
Top Destination (2023)United States$1.37B

In 2023 Engine power > 37kW < 75kW were the world's 642nd most traded product (out of 5,380).

In 2023, the top exporters of Engine power > 37kW < 75kW were Italy ($966M), Japan ($777M), India ($757M), Turkey ($540M), and Germany ($434M).

In 2023, the top importers of Engine power > 37kW < 75kW were United States ($1.37B), France ($433M), Italy ($325M), Germany ($284M), and Spain ($231M).

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Exporters of Engine power > 37kW < 75kW (2023)
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Importers of Engine power > 37kW < 75kW (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$137M
Top Destination Growth (2022 -  2023)Turkey$91.7M

Between 2022 and 2023, the exports of Engine power > 37kW < 75kW grew the fastest in Italy ($137M), China ($55.3M), Turkey ($29M), Austria ($14.7M), and South Korea ($13.8M).

Between 2022 and 2023, the fastest growing importers of Engine power > 37kW < 75kW were Turkey ($91.7M), France ($89.6M), Uzbekistan ($35M), Germany ($34.2M), and Austria ($31.8M).

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Exporters of Engine power > 37kW < 75kW (2022 - 2023)

Importers of Engine power > 37kW < 75kW (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Engine power > 37kW < 75kW.

In 2023, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Engine power > 37kW < 75kW are explained by 15 countries.

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Value of Exports in Engine power > 37kW < 75kW

Net Trade

TOP NET EXPORTER (2023)Japan$767M
TOP NET IMPORTER (2023)United States$1.26B

This map shows which countries export or import more of Engine power > 37kW < 75kW. Each country is colored based on the difference in exports and imports of Engine power > 37kW < 75kW during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Engine power > 37kW < 75kW were Japan ($767M), India ($754M), Italy ($641M), China ($431M), and Turkey ($368M).

In 2023, the countries that had a largest trade value in imports than in exports of Engine power > 37kW < 75kW were United States ($1.26B), France ($239M), Spain ($176M), Canada ($144M), and Poland ($133M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Engine power > 37kW < 75kW.
It is possible to select the main countries that export or import Engine power > 37kW < 75kW in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Engine power > 37kW < 75kW 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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