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854430 (Harmonized System 1992 for 6-digit)

2022
World Trade $45.8BRnk 64 / 4648
2022
Top Exporter | Top Importer $9.63B | $12.6BMexico | United States
2022
Product Complexity -1.01Rnk 3834 / 4653
2021 - 2022
Export Growth (CAGR) 6.94%Rnk 1975 / 4648
2022
Share of World Trade 0.19%Rnk 64 / 4648

About

Overview This page contains the latest trade data of Ignition/other wiring sets for vehicles/aircraft/ship. In 2022, Ignition/other wiring sets for vehicles/aircraft/ship were the world's 64th most traded product, with a total trade of $45.8B. Between 2021 and 2022 the exports of Ignition/other wiring sets for vehicles/aircraft/ship grew by 6.94%, from $42.9B to $45.8B. Trade in Ignition/other wiring sets for vehicles/aircraft/ship represent 0.19% of total world trade.

Ignition/other wiring sets for vehicles/aircraft/ship are a part of Insulated Wire.

Exports In 2022 the top exporters of Ignition/other wiring sets for vehicles/aircraft/ship  were Mexico ($9.63B), Vietnam ($3.2B), China ($3.19B), Philippines ($2.67B), and Morocco ($2.5B).

Imports In 2022 the top importers of Ignition/other wiring sets for vehicles/aircraft/ship were United States ($12.6B), Germany ($5.13B), Japan ($4.94B), South Korea ($2.31B), and Mexico ($2.11B).

Ranking Ignition/other wiring sets for vehicles/aircraft/ship ranks 3834th in the Product Complexity Index (PCI).

Description The common use for an ignition wiring set is to provide the power necessary to start the engine. Other wiring sets are used to control the speed of an engine.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Ignition/other wiring sets for vehicles/aircraft/ship. 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)Mexico$9.63B
Top Destination (2022)United States$12.6B

In 2022 Ignition/other wiring sets for vehicles/aircraft/ship were the world's 64th most traded product (out of 4,648).

In 2022, the top exporters of Ignition/other wiring sets for vehicles/aircraft/ship were Mexico ($9.63B), Vietnam ($3.2B), China ($3.19B), Philippines ($2.67B), and Morocco ($2.5B).

In 2022, the top importers of Ignition/other wiring sets for vehicles/aircraft/ship were United States ($12.6B), Germany ($5.13B), Japan ($4.94B), South Korea ($2.31B), and Mexico ($2.11B).

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Exporters of Ignition/other wiring sets for vehicles/aircraft/ship (2022)
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Importers of Ignition/other wiring sets for vehicles/aircraft/ship (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Mexico$1.28B
Top Destination Growth (2021 -  2022)United States$1.36B

Between 2021 and 2022, the exports of Ignition/other wiring sets for vehicles/aircraft/ship grew the fastest in Mexico ($1.28B), United States ($357M), Morocco ($317M), Honduras ($236M), and Philippines ($169M).

Between 2021 and 2022, the fastest growing importers of Ignition/other wiring sets for vehicles/aircraft/ship were United States ($1.36B), Mexico ($651M), South Korea ($358M), Canada ($192M), and Slovakia ($182M).

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Exporters of Ignition/other wiring sets for vehicles/aircraft/ship (2021 - 2022)

Importers of Ignition/other wiring sets for vehicles/aircraft/ship (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Ignition/other wiring sets for vehicles/aircraft/ship.

In 2022, market concentration measured using Shannon Entropy, was 4.6. This means that most of the exports of Ignition/other wiring sets for vehicles/aircraft/ship are explained by 24 countries.

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Value of Exports in Ignition/other wiring sets for vehicles/aircraft/ship

Net Trade

TOP NET EXPORTER (2022)Mexico$7.52B
TOP NET IMPORTER (2022)United States$10.6B

This map shows which countries export or import more of Ignition/other wiring sets for vehicles/aircraft/ship. Each country is colored based on the difference in exports and imports of Ignition/other wiring sets for vehicles/aircraft/ship during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Ignition/other wiring sets for vehicles/aircraft/ship were Mexico ($7.52B), Vietnam ($3.01B), Philippines ($2.55B), Morocco ($2.4B), and China ($2.28B).

In 2022, the countries that had a largest trade value in imports than in exports of Ignition/other wiring sets for vehicles/aircraft/ship were United States ($10.6B), Japan ($4.71B), Germany ($3.46B), South Korea ($1.67B), and Canada ($1.09B).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Ignition/other wiring sets for vehicles/aircraft/ship.
It is possible to select the main countries that export or import Ignition/other wiring sets for vehicles/aircraft/ship in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Ignition/other wiring sets for vehicles/aircraft/ship 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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