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Pricing

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

8412 (Harmonized System 1992 for 4-digit)

2022
World Trade $26.4BRnk 173 / 1218
2022
Top Exporter | Top Importer $4.52B | $4.79BChina | United States
2022
Product Complexity 0.68Rnk 290 / 1033
2021 - 2022
Export Growth (CAGR) 2.44%Rnk 737 / 1218
2022
Share of World Trade 0.11%Rnk 173 / 1218

About

Overview This page contains the latest trade data of Other Engines. In 2022, Other Engines were the world's 173rd most traded product, with a total trade of $26.4B. Between 2021 and 2022 the exports of Other Engines grew by 2.44%, from $25.7B to $26.4B. Trade in Other Engines represent 0.11% 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 2022 the top exporters of Other Engines  were China ($4.52B), United States ($3.4B), Germany ($3.05B), Japan ($1.45B), and India ($1.22B).

Imports In 2022 the top importers of Other Engines were United States ($4.79B), Germany ($2.57B), China ($1.45B), France ($1.2B), and Canada ($1.11B).

Ranking Other Engines ranks 290th 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.

Explore Latest Trends

* 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$4.52B
Top Destination (2022)United States$4.79B

In 2022 Other Engines were the world's 173rd most traded product (out of 1,218).

In 2022, the top exporters of Other Engines were China ($4.52B), United States ($3.4B), Germany ($3.05B), Japan ($1.45B), and India ($1.22B).

In 2022, the top importers of Other Engines were United States ($4.79B), Germany ($2.57B), China ($1.45B), France ($1.2B), and Canada ($1.11B).

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Exporters of Other Engines (2022)
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Importers of Other Engines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$595M
Top Destination Growth (2021 -  2022)Germany$436M

Between 2021 and 2022, the exports of Other Engines grew the fastest in United States ($595M), India ($354M), China ($282M), United Kingdom ($228M), and Turkey ($220M).

Between 2021 and 2022, the fastest growing importers of Other Engines were Germany ($436M), France ($261M), Canada ($237M), Netherlands ($223M), and Finland ($188M).

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Exporters of Other Engines (2021 - 2022)

Importers of Other Engines (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.5. 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 (2022)China$3.07B
TOP NET IMPORTER (2022)United States$1.38B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Other Engines were China ($3.07B), Denmark ($775M), India ($723M), Japan ($691M), and Germany ($479M).

In 2022, the countries that had a largest trade value in imports than in exports of Other Engines were United States ($1.38B), Brazil ($611M), France ($570M), Australia ($458M), and Finland ($424M).

Net Trade (2022)

Disaggregation

Value

In 2022, 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 ($7.69B), Hydraulic power engines/motors, except linear acting ($4.81B), Pneumatic power engines/motors, linear acting ($2.2B), and Engines and motors nes ($1.04B)

HS6 Disaggregation for Other Engines (2022)
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Country Comparison

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Measure
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

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)

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 (2022)

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