In 2023, Germany led the global market for parts for internal combustion spark ignition engines with exports valued at $12.99 billion, followed by Japan at $5.99 billion and the United States at $5.97 billion. China and Mexico also had significant export values of $5.02 billion and $4.0 billion, respectively. Other notable exporters included South Korea, Italy, France, the United Kingdom, and Turkey, with values ranging from $1.55 to $2.62 billion.
Future trends to watch:
- An increasing shift towards electric vehicles could impact demand for internal combustion engine parts.
- Developments in emission regulations in key markets may drive changes in production and export patterns.
- Technological advancements and trade policies will continue to influence global competitiveness among exporters.
Top countries in Top Exporters of Parts for Internal Combustion Spark Ignition Engines
| # | 10 Countries | Million US Dollars | Last Year | |
|---|---|---|---|---|
| 1 | 1 Germany | 12,990 | 2016 | |
| 2 | 2 Japan | 5,990 | 2016 | |
| 3 | 3 United States | 5,970 | 2016 | |
| 4 | 4 China | 5,020 | 2016 | |
| 5 | 5 Mexico | 4,000 | 2016 | |
| 6 | 6 South Korea | 2,620 | 2016 | |
| 7 | 7 Italy | 2,250 | 2016 | |
| 8 | 8 France | 2,040 | 2016 | |
| 9 | 9 United Kingdom | 1,780 | 2016 | |
| 10 | 10 Turkey | 1,550 | 2016 |
