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840731 (Harmonized System 1992 for 6-digit)

2023
World Trade $124MRnk 3951 / 4644
2023
Top Exporter | Top Importer $90.8M | $62.6MChina | Turkey
2023
Product Complexity 0.033Rnk 2494 / 4656
2022 - 2023
Export Growth (CAGR) 1.54%Rnk 1380 / 4644
2023
Share of World Trade 0.00055%Rnk 3951 / 4644

About

Overview This page contains the latest trade data of Engines, spark-ignition reciprocating, <50 cc. In 2023, Engines, spark-ignition reciprocating, <50 cc were the world's 3951st most traded product, with a total trade of $124M. Between 2022 and 2023 the exports of Engines, spark-ignition reciprocating, <50 cc grew by 1.54%, from $122M to $124M. Trade in Engines, spark-ignition reciprocating, <50 cc represent 0.00055% of total world trade.

Engines, spark-ignition reciprocating, <50 cc are a part of Spark-Ignition Engines.

Exports In 2023 the top exporters of Engines, spark-ignition reciprocating, <50 cc  were China ($90.8M), Vietnam ($15.5M), Italy ($9.68M), France ($1.21M), and United Kingdom ($1.16M).

Imports In 2023 the top importers of Engines, spark-ignition reciprocating, <50 cc were Turkey ($62.6M), Japan ($21.2M), Vietnam ($13.4M), Spain ($5M), and Italy ($4.5M).

Ranking Engines, spark-ignition reciprocating, <50 cc ranks 2494th in the Product Complexity Index (PCI).

Description Engines are machines that convert heat to power. This is done by burning a fuel. The energy released from the burning of the fuel is converted into mechanical energy, which is then used to do work. Engines are used to power cars, trains, buses, boats, planes, and motorcycles, among other things. Spark-ignition engines are a type of internal combustion engine that use a spark plug to ignite the mixture of fuel and air in the cylinder. They are used for most small engines, such as those found in lawnmowers, leaf blowers, chain

Latest Trends

Latest Data

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The following visualization shows the latest trends on Engines, spark-ignition reciprocating, <50 cc. 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)China$90.8M
Top Destination (2023)Turkey$62.6M

In 2023 Engines, spark-ignition reciprocating, <50 cc were the world's 3951st most traded product (out of 4,644).

In 2023, the top exporters of Engines, spark-ignition reciprocating, <50 cc were China ($90.8M), Vietnam ($15.5M), Italy ($9.68M), France ($1.21M), and United Kingdom ($1.16M).

In 2023, the top importers of Engines, spark-ignition reciprocating, <50 cc were Turkey ($62.6M), Japan ($21.2M), Vietnam ($13.4M), Spain ($5M), and Italy ($4.5M).

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Exporters of Engines, spark-ignition reciprocating, <50 cc (2023)
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Importers of Engines, spark-ignition reciprocating, <50 cc (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$26M
Top Destination Growth (2022 -  2023)Turkey$27.6M

Between 2022 and 2023, the exports of Engines, spark-ignition reciprocating, <50 cc grew the fastest in China ($26M), Australia ($683k), France ($225k), India ($141k), and Switzerland ($126k).

Between 2022 and 2023, the fastest growing importers of Engines, spark-ignition reciprocating, <50 cc were Turkey ($27.6M), Vietnam ($7.03M), United Kingdom ($612k), Russia ($398k), and Netherlands ($377k).

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Exporters of Engines, spark-ignition reciprocating, <50 cc (2022 - 2023)

Importers of Engines, spark-ignition reciprocating, <50 cc (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Engines, spark-ignition reciprocating, <50 cc.

In 2023, market concentration measured using Shannon Entropy, was 1.53. This means that most of the exports of Engines, spark-ignition reciprocating, <50 cc are explained by 2 countries.

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Value of Exports in Engines, spark-ignition reciprocating, <50 cc

Net Trade

TOP NET EXPORTER (2023)China$90.5M
TOP NET IMPORTER (2023)Turkey$62.5M

This map shows which countries export or import more of Engines, spark-ignition reciprocating, <50 cc. Each country is colored based on the difference in exports and imports of Engines, spark-ignition reciprocating, <50 cc during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Engines, spark-ignition reciprocating, <50 cc were China ($90.5M), Italy ($5.18M), Vietnam ($2.07M), Australia ($664k), and India ($285k).

In 2023, the countries that had a largest trade value in imports than in exports of Engines, spark-ignition reciprocating, <50 cc were Turkey ($62.5M), Japan ($20.7M), Spain ($4.79M), France ($2.69M), and Russia ($1.91M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Engines, spark-ignition reciprocating, <50 cc.
It is possible to select the main countries that export or import Engines, spark-ignition reciprocating, <50 cc in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Engines, spark-ignition reciprocating, <50 cc 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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