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Engines and motors; n.e.c. (e.g. reaction engines, hydraulic power engines, pneumatic power engines)

8412 (Harmonized System 1992 for 4-digit)

2023
World Trade $27.8BRnk 160 / 1217
2023
Top Exporter | Top Importer $4.34B | $5.1BChina | United States
2023
Product Complexity 0.77Rnk 268 / 1044
2022 - 2023
Export Growth (CAGR) -0.77%Rnk 433 / 1217
2023
Share of World Trade 0.12%Rnk 160 / 1217

About

Overview This page contains the latest trade data of Other Engines. In 2023, Other Engines were the world's 160th most traded product, with a total trade of $27.8B. Between 2022 and 2023 the exports of Other Engines decreased by -0.77%, from $28B to $27.8B. Trade in Other Engines represent 0.12% of total world trade.

Other Engines are a part of Machinery, mechanical appliances, & parts. They include Parts of hydraulic/pneumatic/other power engines, Hydraulic power engines/motors, linear acting, Hydraulic power engines/motors, except linear acting, Pneumatic power engines/motors, linear acting, Engines and motors nes, Pneumatic power engines/motors, except linear acting, and Reaction engines other than turbo jets.

Exports In 2023 the top exporters of Other Engines  were China ($4.34B), United States ($3.73B), Germany ($3.55B), Japan ($1.37B), and Italy ($1.32B).

Imports In 2023 the top importers of Other Engines were United States ($5.1B), Germany ($2.77B), China ($1.4B), France ($1.35B), and United Kingdom ($1.24B).

Ranking Other Engines ranks 268th in the Product Complexity Index (PCI).

Description Engines and motors are used to make other goods. They can be made from a variety of materials, including steel, aluminum, and copper.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Other Engines. 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$4.34B
Top Destination (2023)United States$5.1B

In 2023 Other Engines were the world's 160th most traded product (out of 1,217).

In 2023, the top exporters of Other Engines were China ($4.34B), United States ($3.73B), Germany ($3.55B), Japan ($1.37B), and Italy ($1.32B).

In 2023, the top importers of Other Engines were United States ($5.1B), Germany ($2.77B), China ($1.4B), France ($1.35B), and United Kingdom ($1.24B).

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Exporters of Other Engines (2023)
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Importers of Other Engines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$481M
Top Destination Growth (2022 -  2023)United Kingdom$230M

Between 2022 and 2023, the exports of Other Engines grew the fastest in United States ($481M), Germany ($265M), United Kingdom ($181M), Portugal ($113M), and France ($85.1M).

Between 2022 and 2023, the fastest growing importers of Other Engines were United Kingdom ($230M), United Arab Emirates ($218M), Saudi Arabia ($105M), Turkey ($101M), and India ($97.7M).

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Exporters of Other Engines (2022 - 2023)

Importers of Other Engines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Engines.

In 2023, market concentration measured using Shannon Entropy, was 4.52. This means that most of the exports of Other Engines are explained by 22 countries.

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Value of Exports in Other Engines

Net Trade

TOP NET EXPORTER (2023)China$2.93B
TOP NET IMPORTER (2023)United States$1.37B

This map shows which countries export or import more of Other Engines. Each country is colored based on the difference in exports and imports of Other Engines during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Engines were China ($2.93B), Germany ($778M), Italy ($623M), Japan ($547M), and Turkey ($501M).

In 2023, the countries that had a largest trade value in imports than in exports of Other Engines were United States ($1.37B), Australia ($610M), France ($549M), Brazil ($501M), and Canada ($415M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Engines, disaggragated by their HS6 level were Parts of hydraulic/pneumatic/other power engines ($9.41B), Hydraulic power engines/motors, linear acting ($8.06B), Hydraulic power engines/motors, except linear acting ($5.09B), Pneumatic power engines/motors, linear acting ($2.44B), and Engines and motors nes ($1.18B)

HS6 Disaggregation for Other Engines (2023)
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Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Other Engines.
It is possible to select the main countries that export or import Other Engines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other Engines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $61.1M
TOP IMPORT POTENTIALChina+ $146M

Other Engines’s highest export potential is China. With an export gap of $61.1M.  Other Engines’s highest import potential is China with an import gap of $146M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Other Engines.

Country by Relatedness

The following visualization shows the relatedness of Other Engines to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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