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851120 (Harmonized System 1992 for 6-digit)

2023
World Trade $189MRnk 3705 / 4644
2023
Top Exporter | Top Importer $42.1M | $16.9MChina | Thailand
2023
Product Complexity 0.74Rnk 1222 / 4656
2022 - 2023
Export Growth (CAGR) -16.9%Rnk 3414 / 4644
2023
Share of World Trade 0.00084%Rnk 3705 / 4644

About

Overview This page contains the latest trade data of Ignition magnetos, magneto-generators and flywheels. In 2023, Ignition magnetos, magneto-generators and flywheels were the world's 3705th most traded product, with a total trade of $189M. Between 2022 and 2023 the exports of Ignition magnetos, magneto-generators and flywheels decreased by -16.9%, from $228M to $189M. Trade in Ignition magnetos, magneto-generators and flywheels represent 0.00084% of total world trade.

Ignition magnetos, magneto-generators and flywheels are a part of Electrical Ignitions.

Exports In 2023 the top exporters of Ignition magnetos, magneto-generators and flywheels  were China ($42.1M), United States ($26M), Italy ($15.4M), India ($14.9M), and Croatia ($8.92M).

Imports In 2023 the top importers of Ignition magnetos, magneto-generators and flywheels were Thailand ($16.9M), United States ($16.5M), Mexico ($12.7M), Germany ($10.3M), and Indonesia ($9.85M).

Ranking Ignition magnetos, magneto-generators and flywheels ranks 1222nd in the Product Complexity Index (PCI).

Description Magneto-generators are primarily found in cars, trucks, and buses. They are turning magnets that generate electrical current. Often, they are used in conjunction with a battery. Flywheels store energy in a spinning wheel.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Ignition magnetos, magneto-generators and flywheels. 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$42.1M
Top Destination (2023)Thailand$16.9M

In 2023 Ignition magnetos, magneto-generators and flywheels were the world's 3705th most traded product (out of 4,644).

In 2023, the top exporters of Ignition magnetos, magneto-generators and flywheels were China ($42.1M), United States ($26M), Italy ($15.4M), India ($14.9M), and Croatia ($8.92M).

In 2023, the top importers of Ignition magnetos, magneto-generators and flywheels were Thailand ($16.9M), United States ($16.5M), Mexico ($12.7M), Germany ($10.3M), and Indonesia ($9.85M).

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Exporters of Ignition magnetos, magneto-generators and flywheels (2023)
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Importers of Ignition magnetos, magneto-generators and flywheels (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$5.97M
Top Destination Growth (2022 -  2023)Spain$5.51M

Between 2022 and 2023, the exports of Ignition magnetos, magneto-generators and flywheels grew the fastest in France ($5.97M), United States ($5.26M), India ($4.62M), South Korea ($837k), and Hungary ($721k).

Between 2022 and 2023, the fastest growing importers of Ignition magnetos, magneto-generators and flywheels were Spain ($5.51M), China ($2.2M), India ($1.53M), Philippines ($1.4M), and Hong Kong ($1.19M).

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Exporters of Ignition magnetos, magneto-generators and flywheels (2022 - 2023)

Importers of Ignition magnetos, magneto-generators and flywheels (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ignition magnetos, magneto-generators and flywheels.

In 2023, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Ignition magnetos, magneto-generators and flywheels are explained by 17 countries.

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Value of Exports in Ignition magnetos, magneto-generators and flywheels

Net Trade

TOP NET EXPORTER (2023)China$35.4M
TOP NET IMPORTER (2023)Thailand$11.1M

This map shows which countries export or import more of Ignition magnetos, magneto-generators and flywheels. Each country is colored based on the difference in exports and imports of Ignition magnetos, magneto-generators and flywheels during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Ignition magnetos, magneto-generators and flywheels were China ($35.4M), India ($10.6M), United States ($9.46M), Italy ($8.74M), and Croatia ($8.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Ignition magnetos, magneto-generators and flywheels were Thailand ($11.1M), Mexico ($10M), Austria ($8.13M), Vietnam ($7.76M), and Saudi Arabia ($7.48M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Ignition magnetos, magneto-generators and flywheels.
It is possible to select the main countries that export or import Ignition magnetos, magneto-generators and flywheels in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ignition magnetos, magneto-generators and flywheels 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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