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840729 (Harmonized System 1992 for 6-digit)

2023
World Trade $311MRnk 3306 / 4644
2023
Top Exporter | Top Importer $86.6M | $90.7MUnited States | Mexico
2023
Product Complexity 0.95Rnk 853 / 4656
2022 - 2023
Export Growth (CAGR) -18.2%Rnk 3533 / 4644
2023
Share of World Trade 0.0014%Rnk 3306 / 4644

About

Overview This page contains the latest trade data of Marine propulsion spark-ignition engines nes. In 2023, Marine propulsion spark-ignition engines nes were the world's 3306th most traded product, with a total trade of $311M. Between 2022 and 2023 the exports of Marine propulsion spark-ignition engines nes decreased by -18.2%, from $380M to $311M. Trade in Marine propulsion spark-ignition engines nes represent 0.0014% of total world trade.

Marine propulsion spark-ignition engines nes are a part of Spark-Ignition Engines.

Exports In 2023 the top exporters of Marine propulsion spark-ignition engines nes  were United States ($86.6M), Austria ($81.7M), Japan ($22M), Canada ($21M), and France ($16.6M).

Imports In 2023 the top importers of Marine propulsion spark-ignition engines nes were Mexico ($90.7M), United States ($53.2M), Brazil ($19.1M), Belgium ($18.6M), and Spain ($15.3M).

Ranking Marine propulsion spark-ignition engines nes ranks 853rd in the Product Complexity Index (PCI).

Description In terms of propulsion, marine spark-ignition engines are most commonly used to power motorboats. They are also used to power some recreational watercraft, such as jet skis. Marine spark-ignition engines are often used to power boats, as they are lightweight and efficient. They are also used on some recreational watercraft, such as jet skis. Marine spark-ignition engines are often used to power boats, as they are lightweight and efficient. They are also used on some recreational watercraft, such as jet skis.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Marine propulsion spark-ignition engines 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)United States$86.6M
Top Destination (2023)Mexico$90.7M

In 2023 Marine propulsion spark-ignition engines nes were the world's 3306th most traded product (out of 4,644).

In 2023, the top exporters of Marine propulsion spark-ignition engines nes were United States ($86.6M), Austria ($81.7M), Japan ($22M), Canada ($21M), and France ($16.6M).

In 2023, the top importers of Marine propulsion spark-ignition engines nes were Mexico ($90.7M), United States ($53.2M), Brazil ($19.1M), Belgium ($18.6M), and Spain ($15.3M).

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Exporters of Marine propulsion spark-ignition engines nes (2023)
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Importers of Marine propulsion spark-ignition engines nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$7.95M
Top Destination Growth (2022 -  2023)Spain$7.36M

Between 2022 and 2023, the exports of Marine propulsion spark-ignition engines nes grew the fastest in France ($7.95M), Germany ($5.36M), China ($2.74M), Denmark ($1.97M), and Indonesia ($1.47M).

Between 2022 and 2023, the fastest growing importers of Marine propulsion spark-ignition engines nes were Spain ($7.36M), Nigeria ($2.6M), Poland ($1.75M), Brazil ($1.28M), and Portugal ($1.16M).

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Exporters of Marine propulsion spark-ignition engines nes (2022 - 2023)

Importers of Marine propulsion spark-ignition engines nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Marine propulsion spark-ignition engines nes.

In 2023, market concentration measured using Shannon Entropy, was 3.41. This means that most of the exports of Marine propulsion spark-ignition engines nes are explained by 10 countries.

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Value of Exports in Marine propulsion spark-ignition engines nes

Net Trade

TOP NET EXPORTER (2023)Austria$79.5M
TOP NET IMPORTER (2023)Mexico$80.1M

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

In 2023, the countries that had a largest trade value in exports than in imports of Marine propulsion spark-ignition engines nes were Austria ($79.5M), United States ($33.4M), Japan ($21.7M), France ($14.4M), and Canada ($12.7M).

In 2023, the countries that had a largest trade value in imports than in exports of Marine propulsion spark-ignition engines nes were Mexico ($80.1M), Brazil ($19.1M), Poland ($14.3M), Spain ($12.7M), and Belgium ($8.92M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Marine propulsion spark-ignition engines 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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