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840721 (Harmonized System 1992 for 6-digit)

2023
World Trade $3.87BRnk 920 / 4644
2023
Top Exporter | Top Importer $2.53B | $1.24BJapan | United States
2023
Product Complexity 0.16Rnk 2262 / 4656
2022 - 2023
Export Growth (CAGR) -10.5%Rnk 2771 / 4644
2023
Share of World Trade 0.017%Rnk 920 / 4644

About

Overview This page contains the latest trade data of Outboard motors, spark-ignition. In 2023, Outboard motors, spark-ignition were the world's 920th most traded product, with a total trade of $3.87B. Between 2022 and 2023 the exports of Outboard motors, spark-ignition decreased by -10.5%, from $4.33B to $3.87B. Trade in Outboard motors, spark-ignition represent 0.017% of total world trade.

Outboard motors, spark-ignition are a part of Spark-Ignition Engines.

Exports In 2023 the top exporters of Outboard motors, spark-ignition  were Japan ($2.53B), United States ($625M), China ($205M), Belgium ($167M), and Thailand ($78.8M).

Imports In 2023 the top importers of Outboard motors, spark-ignition were United States ($1.24B), Belgium ($237M), Canada ($236M), China ($184M), and Australia ($158M).

Ranking Outboard motors, spark-ignition ranks 2262nd in the Product Complexity Index (PCI).

Description Inboard motors have a combustion chamber, which typically contains two or four pistons. The pistons are connected to flywheels. These motors typically have a timer that cycles the engine on and off to maintain constant power output. Outboard motors have one or two pistons, which are usually connected to a propeller. Outboard motors are used primarily for propulsion, whereas inboard motors are primarily for propulsion and propulsion to power a vessel's electronics.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Outboard motors, spark-ignition. 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)Japan$2.53B
Top Destination (2023)United States$1.24B

In 2023 Outboard motors, spark-ignition were the world's 920th most traded product (out of 4,644).

In 2023, the top exporters of Outboard motors, spark-ignition were Japan ($2.53B), United States ($625M), China ($205M), Belgium ($167M), and Thailand ($78.8M).

In 2023, the top importers of Outboard motors, spark-ignition were United States ($1.24B), Belgium ($237M), Canada ($236M), China ($184M), and Australia ($158M).

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Exporters of Outboard motors, spark-ignition (2023)
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Importers of Outboard motors, spark-ignition (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Pakistan$9.13M
Top Destination Growth (2022 -  2023)Russia$38.3M

Between 2022 and 2023, the exports of Outboard motors, spark-ignition grew the fastest in Pakistan ($9.13M), Lithuania ($4.34M), Philippines ($3.57M), Austria ($3.41M), and Poland ($2.84M).

Between 2022 and 2023, the fastest growing importers of Outboard motors, spark-ignition were Russia ($38.3M), China ($28.2M), Italy ($23M), Turkey ($20.2M), and United Arab Emirates ($16.3M).

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Exporters of Outboard motors, spark-ignition (2022 - 2023)

Importers of Outboard motors, spark-ignition (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Outboard motors, spark-ignition.

In 2023, market concentration measured using Shannon Entropy, was 1.97. This means that most of the exports of Outboard motors, spark-ignition are explained by 3 countries.

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Value of Exports in Outboard motors, spark-ignition

Net Trade

TOP NET EXPORTER (2023)Japan$2.51B
TOP NET IMPORTER (2023)United States$619M

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

In 2023, the countries that had a largest trade value in exports than in imports of Outboard motors, spark-ignition were Japan ($2.51B), Thailand ($62.8M), China ($20.6M), Pakistan ($3.53M), and Estonia ($1.28M).

In 2023, the countries that had a largest trade value in imports than in exports of Outboard motors, spark-ignition were United States ($619M), Canada ($234M), Australia ($156M), Italy ($138M), and Russia ($110M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Outboard motors, spark-ignition 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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