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870194 (Harmonized System 2017 for 6-digit)

2023
World Trade $9.55BRnk 392 / 5380
2023
Top Exporter | Top Importer $3.43B | $2.21BGermany | United States
2023
Product Complexity 0.87Rnk 1158 / 5381
2022 - 2023
Export Growth (CAGR) 2.66%Rnk 1555 / 5380
2023
Share of World Trade 0.042%Rnk 392 / 5380

About

Overview This page contains the latest trade data of Engine power > 75kW < 30kW. In 2023, Engine power > 75kW < 30kW were the world's 392nd most traded product, with a total trade of $9.55B. Between 2022 and 2023 the exports of Engine power > 75kW < 30kW grew by 2.66%, from $9.3B to $9.55B. Trade in Engine power > 75kW < 30kW represent 0.042% of total world trade.

Engine power > 75kW < 30kW are a part of Tractors; (other than tractors of heading no 8709).

Exports In 2023 the top exporters of Engine power > 75kW < 30kW  were Germany ($3.43B), France ($1.24B), Italy ($1.06B), United Kingdom ($860M), and Finland ($484M).

Imports In 2023 the top importers of Engine power > 75kW < 30kW were United States ($2.21B), France ($1.17B), Turkey ($474M), Germany ($451M), and United Kingdom ($425M).

Ranking Engine power > 75kW < 30kW ranks 1158th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Engine power > 75kW < 30kW. 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)Germany$3.43B
Top Destination (2023)United States$2.21B

In 2023 Engine power > 75kW < 30kW were the world's 392nd most traded product (out of 5,380).

In 2023, the top exporters of Engine power > 75kW < 30kW were Germany ($3.43B), France ($1.24B), Italy ($1.06B), United Kingdom ($860M), and Finland ($484M).

In 2023, the top importers of Engine power > 75kW < 30kW were United States ($2.21B), France ($1.17B), Turkey ($474M), Germany ($451M), and United Kingdom ($425M).

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Exporters of Engine power > 75kW < 30kW (2023)
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Importers of Engine power > 75kW < 30kW (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$292M
Top Destination Growth (2022 -  2023)Turkey$296M

Between 2022 and 2023, the exports of Engine power > 75kW < 30kW grew the fastest in Germany ($292M), Italy ($121M), France ($94.8M), China ($49M), and Finland ($26.9M).

Between 2022 and 2023, the fastest growing importers of Engine power > 75kW < 30kW were Turkey ($296M), France ($155M), United States ($152M), South Korea ($58.9M), and South Africa ($26.9M).

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Exporters of Engine power > 75kW < 30kW (2022 - 2023)

Importers of Engine power > 75kW < 30kW (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Engine power > 75kW < 30kW.

In 2023, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of Engine power > 75kW < 30kW are explained by 10 countries.

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Value of Exports in Engine power > 75kW < 30kW

Net Trade

TOP NET EXPORTER (2023)Germany$2.98B
TOP NET IMPORTER (2023)United States$2.06B

This map shows which countries export or import more of Engine power > 75kW < 30kW. Each country is colored based on the difference in exports and imports of Engine power > 75kW < 30kW during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Engine power > 75kW < 30kW were Germany ($2.98B), Italy ($793M), Finland ($451M), United Kingdom ($436M), and China ($305M).

In 2023, the countries that had a largest trade value in imports than in exports of Engine power > 75kW < 30kW were United States ($2.06B), Turkey ($356M), Australia ($340M), Poland ($296M), and Canada ($242M).

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 > 75kW < 30kW.
It is possible to select the main countries that export or import Engine power > 75kW < 30kW in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Engine power > 75kW < 30kW 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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