The global export market for diesel engines, excluding those used in vehicles or marine applications, is led by Japan, the UK, and Germany. Notably, Japan holds a significant 20.64% market share. Noteworthy gains include the Philippines and Senegal, experiencing substantial double-digit growth, while markets like Luxembourg and Bulgaria saw declines. Emerging markets like Lithonia, Madagascar, and Guyana are showing substantial potential with significant growth rates, whereas traditional markets like the US face slight contractions.
Future trends to watch include increased exports from Asian countries and potential growth in renewable energy-friendly diesel technologies. Markets are becoming more dynamic, with geopolitical factors influencing export patterns significantly.
Top countries in Export of Diesel Engines Except Motor Vehicles or Marine Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 20.64 | 2023 | +2.43% | +1.06% | View data |
| 2 | 2 United Kingdom | 14.59 | 2023 | +2.46% | +1.2% | View data |
| 3 | 3 Germany | 12.51 | 2023 | +2.19% | +1.37% | View data |
| 4 | 4 United States | 12.11 | 2023 | +0.5% | -0.021% | View data |
| 5 | 5 China | 6.85 | 2023 | +2.85% | +3.16% | View data |
| 6 | 6 France | 6.59 | 2023 | +3.21% | +3.18% | View data |
| 7 | 7 Italy | 5.41 | 2023 | +2.21% | +0.69% | View data |
| 8 | 8 India | 4.41 | 2023 | +4.43% | +2.69% | View data |
| 9 | 9 Sweden | 4.06 | 2023 | +1.68% | +4.17% | View data |
| 10 | 10 South Korea | 3.5 | 2023 | +3.25% | +2.74% | View data |
