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Spark ignition engine trucks weighing > 5 tonnes

870432 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.63BRnk 1607 / 4644
2023
Top Exporter | Top Importer $738M | $718MUnited States | Canada
2023
Product Complexity -0.26Rnk 2923 / 4656
2022 - 2023
Export Growth (CAGR) 39.8%Rnk 92 / 4644
2023
Share of World Trade 0.0072%Rnk 1607 / 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 1607th most traded product, with a total trade of $1.63B. Between 2022 and 2023 the exports of Spark ignition Trucks > 5 tonnes grew by 39.8%, from $1.16B to $1.63B. Trade in Spark ignition Trucks > 5 tonnes represent 0.0072% 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 United States ($738M), Mexico ($320M), Netherlands ($145M), Canada ($138M), and China ($63.6M).

Imports In 2023 the top importers of Spark ignition Trucks > 5 tonnes were Canada ($718M), United States ($408M), France ($56.7M), Mexico ($50.4M), and Nigeria ($42.7M).

Ranking Spark ignition Trucks > 5 tonnes ranks 2923rd in the Product Complexity Index (PCI).

Description Large trucks use spark ignition engines to drive their heavy-duty engines. These vehicles are frequently used in mining, construction, and refuse collection. Spark ignition engines are utilized because they provide more power than compression ignition engines.

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)United States$738M
Top Destination (2023)Canada$718M

In 2023 Spark ignition Trucks > 5 tonnes were the world's 1607th most traded product (out of 4,644).

In 2023, the top exporters of Spark ignition Trucks > 5 tonnes were United States ($738M), Mexico ($320M), Netherlands ($145M), Canada ($138M), and China ($63.6M).

In 2023, the top importers of Spark ignition Trucks > 5 tonnes were Canada ($718M), United States ($408M), France ($56.7M), Mexico ($50.4M), and Nigeria ($42.7M).

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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)United States$219M
Top Destination Growth (2022 -  2023)Canada$260M

Between 2022 and 2023, the exports of Spark ignition Trucks > 5 tonnes grew the fastest in United States ($219M), Mexico ($148M), Netherlands ($42.3M), Canada ($20.1M), and Sweden ($17.8M).

Between 2022 and 2023, the fastest growing importers of Spark ignition Trucks > 5 tonnes were Canada ($260M), United States ($149M), Nigeria ($31.3M), Norway ($25.6M), and Germany ($17.8M).

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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 2.78. This means that most of the exports of Spark ignition Trucks > 5 tonnes are explained by 6 countries.

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Value of Exports in Spark ignition Trucks > 5 tonnes

Net Trade

TOP NET EXPORTER (2023)United States$330M
TOP NET IMPORTER (2023)Canada$580M

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 United States ($330M), Mexico ($269M), Netherlands ($123M), China ($55.6M), and Denmark ($14.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Spark ignition Trucks > 5 tonnes were Canada ($580M), Nigeria ($42.7M), France ($31.2M), Norway ($27.3M), and Saudi Arabia ($13M).

Net Trade (2023)

Country Comparison

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Measure
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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