NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

841280 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.18BRnk 1926 / 4644
2023
Top Exporter | Top Importer $332M | $200MUnited States | Germany
2023
Product Complexity 0.96Rnk 827 / 4656
2022 - 2023
Export Growth (CAGR) 11.6%Rnk 593 / 4644
2023
Share of World Trade 0.0052%Rnk 1926 / 4644

About

Overview This page contains the latest trade data of Engines and motors nes. In 2023, Engines and motors nes were the world's 1926th most traded product, with a total trade of $1.18B. Between 2022 and 2023 the exports of Engines and motors nes grew by 11.6%, from $1.06B to $1.18B. Trade in Engines and motors nes represent 0.0052% of total world trade.

Engines and motors nes are a part of Other Engines.

Exports In 2023 the top exporters of Engines and motors nes  were United States ($332M), Germany ($97.7M), Thailand ($97.6M), Hungary ($80.1M), and China ($75.4M).

Imports In 2023 the top importers of Engines and motors nes were Germany ($200M), United States ($123M), Thailand ($70M), Austria ($67.9M), and China ($65.3M).

Ranking Engines and motors nes ranks 827th in the Product Complexity Index (PCI).

Description A motor is a machine that converts electrical energy into mechanical energy. Engines are motors that are usually used to produce rotary motion. Both motors and engines are used in a myriad of applications, such as powering light bulbs, vacuuming floors, and driving cars.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Engines and motors nes. Countries are shown based on data availability.

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

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)United States$332M
Top Destination (2023)Germany$200M

In 2023 Engines and motors nes were the world's 1926th most traded product (out of 4,644).

In 2023, the top exporters of Engines and motors nes were United States ($332M), Germany ($97.7M), Thailand ($97.6M), Hungary ($80.1M), and China ($75.4M).

In 2023, the top importers of Engines and motors nes were Germany ($200M), United States ($123M), Thailand ($70M), Austria ($67.9M), and China ($65.3M).

Explore Visualizations

Exporters of Engines and motors nes (2023)
[Click to Select a Country]

Importers of Engines and motors nes (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$81.6M
Top Destination Growth (2022 -  2023)Germany$40.4M

Between 2022 and 2023, the exports of Engines and motors nes grew the fastest in United States ($81.6M), Thailand ($43.1M), Finland ($17.9M), Austria ($13.3M), and Israel ($12.3M).

Between 2022 and 2023, the fastest growing importers of Engines and motors nes were Germany ($40.4M), Belarus ($22.8M), Denmark ($16.3M), Thailand ($13.9M), and United Arab Emirates ($13.2M).

Explore Visualizations

Exporters of Engines and motors nes (2022 - 2023)

Importers of Engines and motors nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Engines and motors nes.

In 2023, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Engines and motors nes are explained by 17 countries.

Explore Visualizations

Value of Exports in Engines and motors nes

Net Trade

TOP NET EXPORTER (2023)United States$209M
TOP NET IMPORTER (2023)Germany$103M

This map shows which countries export or import more of Engines and motors nes. Each country is colored based on the difference in exports and imports of Engines and motors nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Engines and motors nes were United States ($209M), Hungary ($76M), United Kingdom ($43.3M), Thailand ($27.6M), and Finland ($14.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Engines and motors nes were Germany ($103M), Austria ($26.5M), Belarus ($23.2M), United Arab Emirates ($20.4M), and Singapore ($19.3M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Engines and motors nes.
It is possible to select the main countries that export or import Engines and motors nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Engines and motors nes 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms