In 2023, the United States led global exports of reciprocating spark ignition engines over 1000 cc, followed closely by Germany, Mexico, and Hungary. The United States saw a moderate growth of 1.87%, while Germany experienced a 2.51% increase. Mexico and Hungary also grew, with increases of 2.68% and 1.23%, respectively. China recorded the highest year-on-year growth among top contributors at 3.75%. In contrast, the UK and Japan saw declines in exports, with Japan down by 1.03% and the UK by 2.15%.
Countries like Poland and India showed significant growth, with Poland experiencing a remarkable year-on-year growth rate of 59.31% and India 6.78%. Meanwhile, traditional exporters such as Italy and Canada saw small contractions in their export values.
Future trends to watch include technological advancements in engine design and the increasing shift towards electric vehicles, which could impact the demand for traditional internal combustion engines. Additionally, emerging markets and geopolitical dynamics may reshape global trade flows, potentially influencing future exports in this sector.
Top countries in Export of Reciprocating Spark Ignition Engines of a Cylinder Capacity Exceeding 1000 cc by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 5,941,700,000 | 2023 | +1.69% | +1.87% | View data |
| 2 | 2 Germany | 5,676,100,000 | 2023 | +2.3% | +2.51% | View data |
| 3 | 3 Mexico | 4,161,000,000 | 2023 | +2.5% | +2.68% | View data |
| 4 | 4 Hungary | 4,127,100,000 | 2023 | +1.46% | +1.23% | View data |
| 5 | 5 Japan | 3,782,400,000 | 2023 | +1.65% | -1.03% | View data |
| 6 | 6 France | 2,334,400,000 | 2023 | +4.9% | +2.46% | View data |
| 7 | 7 Canada | 2,242,000,000 | 2023 | -0.39% | -0.83% | View data |
| 8 | 8 Austria | 2,084,800,000 | 2023 | +1.15% | +0.87% | View data |
| 9 | 9 China | 1,884,200,000 | 2023 | +4.48% | +3.75% | View data |
| 10 | 10 United Kingdom | 1,552,000,000 | 2023 | -2.12% | -2.15% | View data |
