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Pricing

Reciprocating or rotary internal combustion piston engines

8407 (Harmonized System 1992 for 4-digit)

2023
World Trade $53.9BRnk 79 / 1217
2023
Top Exporter | Top Importer $8.37B | $12.8BUnited States | United States
2023
Product Complexity 0.93Rnk 194 / 1044
2022 - 2023
Export Growth (CAGR) 12.3%Rnk 127 / 1217
2023
Share of World Trade 0.24%Rnk 79 / 1217

About

Overview This page contains the latest trade data of Spark-Ignition Engines. In 2023, Spark-Ignition Engines were the world's 79th most traded product, with a total trade of $53.9B. Between 2022 and 2023 the exports of Spark-Ignition Engines grew by 12.3%, from $48B to $53.9B. Trade in Spark-Ignition Engines represent 0.24% of total world trade.

Spark-Ignition Engines are a part of Machinery, mechanical appliances, & parts. They include Engines, spark-ignition reciprocating, over 1000 cc, Aircraft engines, spark-ignition, Engines, spark-ignition type nes, Outboard motors, spark-ignition, Engines, spark-ignition reciprocating, 250-1000 cc, Engines, spark-ignition reciprocating, 50-250 cc, Marine propulsion spark-ignition engines nes, and Engines, spark-ignition reciprocating, <50 cc.

Exports In 2023 the top exporters of Spark-Ignition Engines  were United States ($8.37B), Germany ($6.24B), Japan ($4.75B), Mexico ($4.13B), and Austria ($3.31B).

Imports In 2023 the top importers of Spark-Ignition Engines were United States ($12.8B), Canada ($5.21B), Germany ($4.95B), Mexico ($3.74B), and Spain ($2.82B).

Ranking Spark-Ignition Engines ranks 194th in the Product Complexity Index (PCI).

Description A spark-ignition reciprocating or rotary internal combustion piston engine is a type of internal combustion engine that uses a spark plug to ignite the fuel in the cylinder.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Spark-Ignition 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)United States$8.37B
Top Destination (2023)United States$12.8B

In 2023 Spark-Ignition Engines were the world's 79th most traded product (out of 1,217).

In 2023, the top exporters of Spark-Ignition Engines were United States ($8.37B), Germany ($6.24B), Japan ($4.75B), Mexico ($4.13B), and Austria ($3.31B).

In 2023, the top importers of Spark-Ignition Engines were United States ($12.8B), Canada ($5.21B), Germany ($4.95B), Mexico ($3.74B), and Spain ($2.82B).

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Exporters of Spark-Ignition Engines (2023)
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Importers of Spark-Ignition Engines (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$1.33B
Top Destination Growth (2022 -  2023)Canada$1.37B

Between 2022 and 2023, the exports of Spark-Ignition Engines grew the fastest in Germany ($1.33B), United States ($1.26B), Hungary ($766M), Canada ($711M), and Austria ($625M).

Between 2022 and 2023, the fastest growing importers of Spark-Ignition Engines were Canada ($1.37B), Germany ($1.06B), Spain ($855M), Slovakia ($462M), and Turkey ($455M).

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Exporters of Spark-Ignition Engines (2022 - 2023)

Importers of Spark-Ignition Engines (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spark-Ignition Engines.

In 2023, market concentration measured using Shannon Entropy, was 4.29. This means that most of the exports of Spark-Ignition Engines are explained by 19 countries.

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Value of Exports in Spark-Ignition Engines

Net Trade

TOP NET EXPORTER (2023)Japan$4.43B
TOP NET IMPORTER (2023)United States$4.39B

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

In 2023, the countries that had a largest trade value in exports than in imports of Spark-Ignition Engines were Japan ($4.43B), Austria ($3.01B), Hungary ($2.29B), South Korea ($1.9B), and Poland ($1.65B).

In 2023, the countries that had a largest trade value in imports than in exports of Spark-Ignition Engines were United States ($4.39B), Canada ($2.11B), Slovakia ($1.54B), Turkey ($1.45B), and Spain ($1.26B).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Spark-Ignition Engines, disaggragated by their HS6 level were Engines, spark-ignition reciprocating, over 1000 cc ($37.6B), Aircraft engines, spark-ignition ($4.51B), Outboard motors, spark-ignition ($3.87B), Engines, spark-ignition reciprocating, 250-1000 cc ($3.48B), and Engines, spark-ignition type nes ($3.13B)

HS6 Disaggregation for Spark-Ignition 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 Spark-Ignition Engines.
It is possible to select the main countries that export or import Spark-Ignition Engines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Spark-Ignition Engines by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $140M
TOP IMPORT POTENTIALChina+ $56.6M

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $140M.  Spark-Ignition Engines’s highest import potential is China with an import gap of $56.6M.

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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 Spark-Ignition Engines.

Country by Relatedness

The following visualization shows the relatedness of Spark-Ignition 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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