2022
Exports
$5.67BWorld Rnk 4 / 223
Flag Rnk 60 / 1217
2022
PRODUCT COMPLEXITY IN Engine Parts
0.92Rnk 203 / 1025
2022
Imports
$13.5BWorld Rnk 1 / 224
Flag Rnk 43 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $5.67B in Engine Parts, making it the 4th largest exporter of Engine Parts in the world. At the same year, Engine Parts was the 60th most exported product in United States. The main destination of Engine Parts exports from United States are: Mexico ($1.74B), Canada ($1.36B), Japan ($212M), Germany ($192M), and Australia ($185M).

The fastest growing export markets for Engine Parts of United States between 2021 and 2022 were Mexico ($179M), Canada ($110M), and Brazil ($56.1M).

Imports In 2022, United States imported $13.5B in Engine Parts, becoming the 1st largest importer of Engine Parts in the world. At the same year, Engine Parts was the 43rd most imported product in United States. United States imports Engine Parts primarily from: Mexico ($4.06B), Japan ($1.8B), China ($1.71B), Germany ($1.59B), and Canada ($816M).

The fastest growing import markets in Engine Parts for United States between 2021 and 2022 were Mexico ($544M), China ($228M), and Germany ($172M).

COMPANIES In 2023, leading companies such as Rolls-Royce (2.19k), Cummins Jaw Warehouse (1.22k), and Telamon (1.17k) were at the forefront of shipping Engine Parts to the United States.

Latest Trends

June 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (June 2023 - June 2024)$-42.1M(-8.16%)
IMPORT GROWTH (June 2023 - June 2024)$29.9M(3.24%)
MAIN EXPORTER (June 2024)Michigan$79.9M
MAIN DESTINATION (June 2024)Mexico$157M

This section shows Engine Parts's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Engine Parts over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$5.67B
IMPORTS (2022)$13.5B
NET TRADE (2022)-$7.78B

In 2022, United States exported $5.67B in Engine Parts. The main destinations of United States exports on Engine Parts were Mexico ($1.74B), Canada ($1.36B), Japan ($212M), Germany ($192M), and Australia ($185M).

In 2022, United States imported $13.5B in Engine Parts, mainly from Mexico ($4.06B), Japan ($1.8B), China ($1.71B), Germany ($1.59B), and Canada ($816M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Engine Parts EXPORT MARKETS FOR United States WERE (2021 - 2022):
Mexico$179M (11.4%)
Canada$110M (8.84%)
Brazil$56.1M (60.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Engine Parts BY United States WERE (2021 - 2022):
Bahrain-$60M (-95.3%)
Brunei-$45.6M (-99%)
China-$34M (-16%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Engine Parts were:
China $7.96B
Japan $6.08B
In 2022, United States's main importing competitors in Engine Parts were:

Explore Visualizations

Trade Value of Engine Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $110M
TOP IMPORT POTENTIALChina+ $323M

Engine Parts’s highest export potential is China. With an export gap of $110M.   Engine Parts’s highest import potential is China with an import gap of $323M.

See methodology.

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