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851120 (Harmonized System 1992 for 6-digit)

2022
World Trade $206MRnk 3695 / 4648
2022
Top Exporter | Top Importer $54.5M | $33.9MChina | United States
2022
Product Complexity 0.35Rnk 1925 / 4653
2021 - 2022
Export Growth (CAGR) -5.64%Rnk 3624 / 4648
2022
Share of World Trade 0.00087%Rnk 3695 / 4648

About

Overview This page contains the latest trade data of Ignition magnetos, magneto-generators and flywheels. In 2022, Ignition magnetos, magneto-generators and flywheels were the world's 3695th most traded product, with a total trade of $206M. Between 2021 and 2022 the exports of Ignition magnetos, magneto-generators and flywheels decreased by -5.64%, from $218M to $206M. Trade in Ignition magnetos, magneto-generators and flywheels represent 0.00087% of total world trade.

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

Exports In 2022 the top exporters of Ignition magnetos, magneto-generators and flywheels  were China ($54.5M), Italy ($19.3M), United States ($17.4M), India ($15M), and Cambodia ($13.1M).

Imports In 2022 the top importers of Ignition magnetos, magneto-generators and flywheels were United States ($33.9M), Thailand ($23.5M), Germany ($22.4M), Indonesia ($13.6M), and Italy ($11.5M).

Ranking Ignition magnetos, magneto-generators and flywheels ranks 1925th 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 (2022)China$54.5M
Top Destination (2022)United States$33.9M

In 2022 Ignition magnetos, magneto-generators and flywheels were the world's 3695th most traded product (out of 4,648).

In 2022, the top exporters of Ignition magnetos, magneto-generators and flywheels were China ($54.5M), Italy ($19.3M), United States ($17.4M), India ($15M), and Cambodia ($13.1M).

In 2022, the top importers of Ignition magnetos, magneto-generators and flywheels were United States ($33.9M), Thailand ($23.5M), Germany ($22.4M), Indonesia ($13.6M), and Italy ($11.5M).

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Exporters of Ignition magnetos, magneto-generators and flywheels (2022)
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Importers of Ignition magnetos, magneto-generators and flywheels (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Thailand$2.9M
Top Destination Growth (2021 -  2022)Germany$5.04M

Between 2021 and 2022, the exports of Ignition magnetos, magneto-generators and flywheels grew the fastest in Thailand ($2.9M), Spain ($1.8M), Brazil ($1.71M), United States ($1.71M), and Italy ($1.49M).

Between 2021 and 2022, the fastest growing importers of Ignition magnetos, magneto-generators and flywheels were Germany ($5.04M), Indonesia ($3.65M), Netherlands ($793k), United Arab Emirates ($676k), and Dominican Republic ($623k).

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Exporters of Ignition magnetos, magneto-generators and flywheels (2021 - 2022)

Importers of Ignition magnetos, magneto-generators and flywheels (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Ignition magnetos, magneto-generators and flywheels are explained by 16 countries.

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

Net Trade

TOP NET EXPORTER (2022)China$51.6M
TOP NET IMPORTER (2022)United States$16.5M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ignition magnetos, magneto-generators and flywheels were China ($51.6M), Cambodia ($12.9M), India ($12.5M), Croatia ($8.65M), and Czechia ($8.46M).

In 2022, the countries that had a largest trade value in imports than in exports of Ignition magnetos, magneto-generators and flywheels were United States ($16.5M), Germany ($15.1M), Thailand ($14.3M), Austria ($8.58M), and Indonesia ($7.96M).

Net Trade (2022)

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 (2022)

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