In 2023, Mexico led the global export market for parts of spark-ignition engines (excluding aircraft) with a 19.84% share by weight, closely followed by China at 18.29%. Germany and Japan also contributed significantly, despite a slight decrease in their global share from the previous year. Emerging markets like the United Arab Emirates and Bulgaria displayed substantial growth, indicating a potential shift in production dynamics. In contrast, the United States and South Korea exhibited modest growth.
Looking ahead, key trends could include:
- Continued dominance of Mexico and China, driven by their robust manufacturing sectors.
- Potential growth in smaller markets such as the United Arab Emirates, Bulgaria, and niche markets showing high percentage increases.
- Potential challenges for countries experiencing a decrease, such as Germany and Japan, to maintain their shares.
Top countries in Export of Parts for Spark-Ignition Engines Except Aircraft Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Mexico | 19.84 | 2023 | +2.63% | +2.46% | View data |
| 2 | 2 China | 18.29 | 2023 | +4.07% | +4.15% | View data |
| 3 | 3 Germany | 12.46 | 2023 | -0.41% | -0.4% | View data |
| 4 | 4 Japan | 9.29 | 2023 | -0.97% | -2.29% | View data |
| 5 | 5 United States | 8.84 | 2023 | +0.26% | +1.14% | View data |
| 6 | 6 South Korea | 4.73 | 2023 | +3.35% | +3.79% | View data |
| 7 | 7 Poland | 4.14 | 2023 | +4.5% | +3.44% | View data |
| 8 | 8 Italy | 2.24 | 2023 | +1.85% | +2.02% | View data |
| 9 | 9 Portugal | 2.17 | 2023 | +2.99% | +2.91% | View data |
| 10 | 10 Hungary | 2.06 | 2023 | +2.25% | +2.74% | View data |
