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841111 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.37BRnk 1778 / 4644
2023
Top Exporter | Top Importer $564M | $442MUnited States | United States
2023
Product Complexity 0.58Rnk 1512 / 4656
2022 - 2023
Export Growth (CAGR) 9.49%Rnk 710 / 4644
2023
Share of World Trade 0.0061%Rnk 1778 / 4644

About

Overview This page contains the latest trade data of Turbo-jet engines of a thrust < 25 KN. In 2023, Turbo-jet engines of a thrust < 25 KN were the world's 1778th most traded product, with a total trade of $1.37B. Between 2022 and 2023 the exports of Turbo-jet engines of a thrust < 25 KN grew by 9.49%, from $1.25B to $1.37B. Trade in Turbo-jet engines of a thrust < 25 KN represent 0.0061% of total world trade.

Turbo-jet engines of a thrust < 25 KN are a part of Gas Turbines.

Exports In 2023 the top exporters of Turbo-jet engines of a thrust < 25 KN  were United States ($564M), Canada ($452M), Spain ($83.5M), United Kingdom ($79.6M), and Germany ($37.5M).

Imports In 2023 the top importers of Turbo-jet engines of a thrust < 25 KN were United States ($442M), Canada ($202M), Germany ($74M), Switzerland ($66.4M), and United Kingdom ($55.6M).

Ranking Turbo-jet engines of a thrust < 25 KN ranks 1512th in the Product Complexity Index (PCI).

Description A turbo-jet engine is a type of gas turbine engine that extracts energy from the engine exhaust. The engine is often used to power aircraft for short distances such as commuter flights.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Turbo-jet engines of a thrust < 25 KN. 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$564M
Top Destination (2023)United States$442M

In 2023 Turbo-jet engines of a thrust < 25 KN were the world's 1778th most traded product (out of 4,644).

In 2023, the top exporters of Turbo-jet engines of a thrust < 25 KN were United States ($564M), Canada ($452M), Spain ($83.5M), United Kingdom ($79.6M), and Germany ($37.5M).

In 2023, the top importers of Turbo-jet engines of a thrust < 25 KN were United States ($442M), Canada ($202M), Germany ($74M), Switzerland ($66.4M), and United Kingdom ($55.6M).

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Exporters of Turbo-jet engines of a thrust < 25 KN (2023)
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Importers of Turbo-jet engines of a thrust < 25 KN (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Canada$109M
Top Destination Growth (2022 -  2023)United States$130M

Between 2022 and 2023, the exports of Turbo-jet engines of a thrust < 25 KN grew the fastest in Canada ($109M), Spain ($70.6M), Germany ($11.1M), Israel ($10.7M), and United States ($9.01M).

Between 2022 and 2023, the fastest growing importers of Turbo-jet engines of a thrust < 25 KN were United States ($130M), Canada ($46.4M), Brunei ($40.2M), Netherlands ($30M), and South Africa ($29.7M).

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Exporters of Turbo-jet engines of a thrust < 25 KN (2022 - 2023)

Importers of Turbo-jet engines of a thrust < 25 KN (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Turbo-jet engines of a thrust < 25 KN.

In 2023, market concentration measured using Shannon Entropy, was 2.51. This means that most of the exports of Turbo-jet engines of a thrust < 25 KN are explained by 5 countries.

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Value of Exports in Turbo-jet engines of a thrust < 25 KN

Net Trade

TOP NET EXPORTER (2023)Canada$250M
TOP NET IMPORTER (2023)Switzerland$61.4M

This map shows which countries export or import more of Turbo-jet engines of a thrust < 25 KN. Each country is colored based on the difference in exports and imports of Turbo-jet engines of a thrust < 25 KN during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Turbo-jet engines of a thrust < 25 KN were Canada ($250M), United States ($122M), Spain ($68.5M), United Kingdom ($24M), and Ukraine ($16.3M).

In 2023, the countries that had a largest trade value in imports than in exports of Turbo-jet engines of a thrust < 25 KN were Switzerland ($61.4M), Qatar ($50.2M), Netherlands ($41M), Germany ($36.4M), and United Arab Emirates ($29.5M).

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 Turbo-jet engines of a thrust < 25 KN.
It is possible to select the main countries that export or import Turbo-jet engines of a thrust < 25 KN in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Turbo-jet engines of a thrust < 25 KN 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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