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870193 (Harmonized System 2017 for 6-digit)

2022
World Trade $6.64BRnk 590 / 5380
2022
Top Exporter | Top Importer $1.13B | $1.84BIndia | United States
2022
Product Complexity 0.49Rnk 1930 / 5381
2021 - 2022
Export Growth (CAGR) 8.04%Rnk 2216 / 5380
2022
Share of World Trade 0.028%Rnk 590 / 5380

About

Overview This page contains the latest trade data of Engine power > 37kW < 75kW. In 2022, Engine power > 37kW < 75kW were the world's 590th most traded product, with a total trade of $6.64B. Between 2021 and 2022 the exports of Engine power > 37kW < 75kW grew by 8.04%, from $6.14B to $6.64B. Trade in Engine power > 37kW < 75kW represent 0.028% of total world trade.

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

Exports In 2022 the top exporters of Engine power > 37kW < 75kW  were India ($1.13B), Japan ($1.02B), Italy ($834M), Turkey ($511M), and Germany ($425M).

Imports In 2022 the top importers of Engine power > 37kW < 75kW were United States ($1.84B), France ($384M), Italy ($297M), Canada ($281M), and Germany ($273M).

Ranking Engine power > 37kW < 75kW ranks 1930th 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 (2022)India$1.13B
Top Destination (2022)United States$1.84B

In 2022 Engine power > 37kW < 75kW were the world's 590th most traded product (out of 5,380).

In 2022, the top exporters of Engine power > 37kW < 75kW were India ($1.13B), Japan ($1.02B), Italy ($834M), Turkey ($511M), and Germany ($425M).

In 2022, the top importers of Engine power > 37kW < 75kW were United States ($1.84B), France ($384M), Italy ($297M), Canada ($281M), and Germany ($273M).

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Exporters of Engine power > 37kW < 75kW (2022)
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Importers of Engine power > 37kW < 75kW (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)India$290M
Top Destination Growth (2021 -  2022)United States$574M

Between 2021 and 2022, the exports of Engine power > 37kW < 75kW grew the fastest in India ($290M), Mexico ($202M), China ($109M), South Korea ($82M), and Turkey ($69.3M).

Between 2021 and 2022, the fastest growing importers of Engine power > 37kW < 75kW were United States ($574M), Canada ($65.4M), Netherlands ($61.6M), Brazil ($46.4M), and South Africa ($30.7M).

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Exporters of Engine power > 37kW < 75kW (2021 - 2022)

Importers of Engine power > 37kW < 75kW (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.99. 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 (2022)India$1.13B
TOP NET IMPORTER (2022)United States$1.61B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Engine power > 37kW < 75kW were India ($1.13B), Japan ($1B), Italy ($537M), Turkey ($428M), and China ($401M).

In 2022, the countries that had a largest trade value in imports than in exports of Engine power > 37kW < 75kW were United States ($1.61B), Canada ($260M), Australia ($188M), France ($153M), and Netherlands ($146M).

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 > 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 (2022)

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