In 2023, the United States, Japan, and Germany were the leading exporters of spark-ignition internal combustion engines, with the United States and Germany showing modest growth of 1.77% and 2.43%, respectively, while Japan experienced a slight decline of 0.91%. Other notable changes were seen in Poland and Cyprus, which recorded significant increases of 16.12% and 69.53%, respectively. Conversely, Portugal and Colombia saw considerable declines of 27.01% and 13.46%. Israel and Cyprus are emerging markets, with significant growth reported. The compounded annual growth rate (CAGR) over the last five years indicates a slow expansion in leading countries, with variations among digitally transforming markets.
Future trends to watch include advancements in hybrid and electric vehicle technologies, which could lead to shifts away from traditional spark-ignition engines. Emerging markets may become more competitive as technological adoption increases. Sustainable practices and innovation will be critical to maintaining market leadership.
Top countries in Export of Spark-Ignition Internal Combustion Engines by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 7,545,900,000 | 2023 | +1.67% | +1.77% | View data |
| 2 | 2 Japan | 7,039,200,000 | 2023 | +1.72% | -0.0091% | View data |
| 3 | 3 Germany | 5,908,500,000 | 2023 | +2.28% | +2.43% | View data |
| 4 | 4 Hungary | 4,234,300,000 | 2023 | +1.54% | +1.35% | View data |
| 5 | 5 Mexico | 4,162,900,000 | 2023 | +2.36% | +2.52% | View data |
| 6 | 6 China | 3,658,800,000 | 2023 | +3.56% | +3.06% | View data |
| 7 | 7 Thailand | 2,568,300,000 | 2023 | +4.41% | +2.79% | View data |
| 8 | 8 Austria | 2,386,000,000 | 2023 | +0.83% | +0.46% | View data |
| 9 | 9 Canada | 2,384,600,000 | 2023 | -0.17% | -0.21% | View data |
| 10 | 10 France | 2,379,200,000 | 2023 | +4.7% | +2.26% | View data |
