HS Code:
Compression-ignition internal combustion piston engines, commonly known as diesel or semi-diesel engines (HS Code: 8408), are a category of engines that operate by compressing air to ignite the fuel. These engines are widely used in automotive, industrial, and marine applications due to their fuel efficiency and durability. This category includes engines for vehicles, generators, and other machinery, playing a critical role in global transportation and industrial sectors.
Total Trade Volume
USD 25.6 billion
Data from 2022
Source
United Nations Comtrade Database
USD 5.2 billion
20.3% of total trade of total trade
Increasing
USD 3.8 billion
14.8% of total trade of total trade
Stable
USD 3.1 billion
12.1% of total trade of total trade
Increasing
USD 2.9 billion
11.3% of total trade of total trade
Increasing
USD 1.7 billion
6.6% of total trade of total trade
Stable
Average Rate
5.2%
Highest Rate
15% (imposed by certain developing countries)
Lowest Rate
0% (under free trade agreements like EU-Japan EPA)
Shift towards cleaner diesel technologies
Increased demand for engines meeting stringent emission standards like Euro 6 and EPA Tier 4, driving innovation in engine design.
2020-2022
Rising adoption of hybrid and electric alternatives
Moderate decline in diesel engine demand for passenger vehicles, though industrial and heavy-duty applications remain strong.
2021-2023
Growth in emerging markets
Increased demand in Asia-Pacific and African regions for industrial and agricultural machinery, boosting trade volumes.
2019-2022
The European Union implemented stricter Euro 7 emission norms, requiring diesel engines to incorporate advanced exhaust treatment systems.
April 2023
Increased production costs for manufacturers but improved market access for compliant exporters.
Phase 1 trade agreement between the US and China reduced tariffs on diesel engines, facilitating smoother trade flows.
January 2022
Boosted exports from China to the US, contributing to a 10% trade volume increase in this category.
Japan announced subsidies for R&D in low-emission diesel engines to maintain its competitive edge in the global market.
September 2022
Expected to strengthen Japan’s position as a leading exporter with innovative, eco-friendly engines.