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Spark ignition engine trucks weighing < 5 tonnes

870431 (Harmonized System 1992 for 6-digit)

2023
World Trade $49.6BRnk 63 / 4644
2023
Top Exporter | Top Importer $24.1B | $25BMexico | United States
2023
Product Complexity -0.29Rnk 2950 / 4656
2022 - 2023
Export Growth (CAGR) 16.3%Rnk 393 / 4644
2023
Share of World Trade 0.22%Rnk 63 / 4644

About

Overview This page contains the latest trade data of Spark ignition Trucks < 5 tonnes. In 2023, Spark ignition Trucks < 5 tonnes were the world's 63rd most traded product, with a total trade of $49.6B. Between 2022 and 2023 the exports of Spark ignition Trucks < 5 tonnes grew by 16.3%, from $42.6B to $49.6B. Trade in Spark ignition Trucks < 5 tonnes represent 0.22% of total world trade.

Spark ignition Trucks < 5 tonnes are a part of Delivery Trucks.

Exports In 2023 the top exporters of Spark ignition Trucks < 5 tonnes  were Mexico ($24.1B), United States ($13.2B), Canada ($3.34B), Thailand ($1.94B), and China ($1.39B).

Imports In 2023 the top importers of Spark ignition Trucks < 5 tonnes were United States ($25B), Canada ($12B), Mexico ($2.18B), Australia ($1.23B), and United Arab Emirates ($754M).

Ranking Spark ignition Trucks < 5 tonnes ranks 2950th in the Product Complexity Index (PCI).

Description Spark ignition engines do not create power from the heat of combustion, but from the spark created by the spark plug. These are used to power truck engines weighing less than 5 tonnes.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Spark ignition Trucks < 5 tonnes. 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)Mexico$24.1B
Top Destination (2023)United States$25B

In 2023 Spark ignition Trucks < 5 tonnes were the world's 63rd most traded product (out of 4,644).

In 2023, the top exporters of Spark ignition Trucks < 5 tonnes were Mexico ($24.1B), United States ($13.2B), Canada ($3.34B), Thailand ($1.94B), and China ($1.39B).

In 2023, the top importers of Spark ignition Trucks < 5 tonnes were United States ($25B), Canada ($12B), Mexico ($2.18B), Australia ($1.23B), and United Arab Emirates ($754M).

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Exporters of Spark ignition Trucks < 5 tonnes (2023)
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Importers of Spark ignition Trucks < 5 tonnes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Mexico$2.76B
Top Destination Growth (2022 -  2023)United States$4.37B

Between 2022 and 2023, the exports of Spark ignition Trucks < 5 tonnes grew the fastest in Mexico ($2.76B), Canada ($1.67B), United States ($905M), Thailand ($868M), and Spain ($304M).

Between 2022 and 2023, the fastest growing importers of Spark ignition Trucks < 5 tonnes were United States ($4.37B), Mexico ($449M), China ($280M), United Arab Emirates ($262M), and Australia ($249M).

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Exporters of Spark ignition Trucks < 5 tonnes (2022 - 2023)

Importers of Spark ignition Trucks < 5 tonnes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Spark ignition Trucks < 5 tonnes.

In 2023, market concentration measured using Shannon Entropy, was 2.4. This means that most of the exports of Spark ignition Trucks < 5 tonnes are explained by 5 countries.

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Value of Exports in Spark ignition Trucks < 5 tonnes

Net Trade

TOP NET EXPORTER (2023)Mexico$21.9B
TOP NET IMPORTER (2023)United States$11.9B

This map shows which countries export or import more of Spark ignition Trucks < 5 tonnes. Each country is colored based on the difference in exports and imports of Spark ignition Trucks < 5 tonnes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Spark ignition Trucks < 5 tonnes were Mexico ($21.9B), Thailand ($1.91B), Spain ($1.11B), China ($907M), and Japan ($582M).

In 2023, the countries that had a largest trade value in imports than in exports of Spark ignition Trucks < 5 tonnes were United States ($11.9B), Canada ($8.66B), Australia ($1.22B), Saudi Arabia ($484M), and United Arab Emirates ($421M).

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 Spark ignition Trucks < 5 tonnes.
It is possible to select the main countries that export or import Spark ignition Trucks < 5 tonnes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Spark ignition Trucks < 5 tonnes 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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