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840790 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.13BRnk 1084 / 4644
2023
Top Exporter | Top Importer $889M | $788MChina | United States
2023
Product Complexity 0.74Rnk 1214 / 4656
2022 - 2023
Export Growth (CAGR) -18.2%Rnk 3536 / 4644
2023
Share of World Trade 0.014%Rnk 1084 / 4644

About

Overview This page contains the latest trade data of Engines, spark-ignition type nes. In 2023, Engines, spark-ignition type nes were the world's 1084th most traded product, with a total trade of $3.13B. Between 2022 and 2023 the exports of Engines, spark-ignition type nes decreased by -18.2%, from $3.83B to $3.13B. Trade in Engines, spark-ignition type nes represent 0.014% of total world trade.

Engines, spark-ignition type nes are a part of Spark-Ignition Engines.

Exports In 2023 the top exporters of Engines, spark-ignition type nes  were China ($889M), United States ($512M), Japan ($412M), Thailand ($325M), and Canada ($194M).

Imports In 2023 the top importers of Engines, spark-ignition type nes were United States ($788M), Mexico ($231M), China ($202M), Canada ($152M), and Italy ($137M).

Ranking Engines, spark-ignition type nes ranks 1214th in the Product Complexity Index (PCI).

Description Engines that use spark-ignition are used in cars, trucks, and buses, as well as in chainsaws and lawnmowers. These engines all use gasoline to get the engine going. What the spark-ignition does is provide the spark that makes the fuel combust.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Engines, spark-ignition type 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.

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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$889M
Top Destination (2023)United States$788M

In 2023 Engines, spark-ignition type nes were the world's 1084th most traded product (out of 4,644).

In 2023, the top exporters of Engines, spark-ignition type nes were China ($889M), United States ($512M), Japan ($412M), Thailand ($325M), and Canada ($194M).

In 2023, the top importers of Engines, spark-ignition type nes were United States ($788M), Mexico ($231M), China ($202M), Canada ($152M), and Italy ($137M).

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Exporters of Engines, spark-ignition type nes (2023)
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Importers of Engines, spark-ignition type nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$101M
Top Destination Growth (2022 -  2023)Poland$55.6M

Between 2022 and 2023, the exports of Engines, spark-ignition type nes grew the fastest in Canada ($101M), United States ($33.9M), South Korea ($29M), France ($16.3M), and Germany ($14.6M).

Between 2022 and 2023, the fastest growing importers of Engines, spark-ignition type nes were Poland ($55.6M), Canada ($23.7M), Argentina ($19.2M), China ($11.9M), and Finland ($11.7M).

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Exporters of Engines, spark-ignition type nes (2022 - 2023)

Importers of Engines, spark-ignition type nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Engines, spark-ignition type nes.

In 2023, market concentration measured using Shannon Entropy, was 3.5. This means that most of the exports of Engines, spark-ignition type nes are explained by 11 countries.

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Value of Exports in Engines, spark-ignition type nes

Net Trade

TOP NET EXPORTER (2023)China$687M
TOP NET IMPORTER (2023)United States$275M

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

In 2023, the countries that had a largest trade value in exports than in imports of Engines, spark-ignition type nes were China ($687M), Thailand ($307M), Japan ($294M), Finland ($46M), and Canada ($42M).

In 2023, the countries that had a largest trade value in imports than in exports of Engines, spark-ignition type nes were United States ($275M), Mexico ($225M), Vietnam ($66.5M), Poland ($64.3M), and Russia ($59.8M).

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 Engines, spark-ignition type nes.
It is possible to select the main countries that export or import Engines, spark-ignition type nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Engines, spark-ignition type 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)

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