HS Code:
The category 'Exceeding 223.8 kW but not exceeding 373 kW' typically refers to diesel or semi-diesel engines under HS Code 840820, used primarily in heavy machinery, industrial equipment, and large vehicles. This power range is critical for applications in construction, agriculture, and transportation sectors, where high torque and durability are essential. Trade in this category is driven by demand for efficient and powerful engines that meet modern emission standards.
Total Trade Volume
USD 3.2 billion
Data from 2022
Source
United Nations Comtrade Database
Average Rate
5.2%
Highest Rate
12% (applied by certain developing economies to protect local industries)
Lowest Rate
0% (under free trade agreements such as EU-USMCA)
Shift towards greener engines
Increased demand for engines meeting stringent emission norms, pushing manufacturers to invest in hybrid and low-emission technologies.
2021-2022
Rising demand in emerging markets
Growth in infrastructure projects in Asia and Africa has boosted demand for heavy machinery, driving imports of high-power engines.
2020-2022
Supply chain disruptions
Post-COVID supply chain issues and semiconductor shortages have delayed production and increased costs for engine manufacturers.
2021-2022
The European Union introduced stricter Stage V emission standards for non-road mobile machinery, impacting the design and trade of engines in this power category.
January 2023
Manufacturers are adapting to comply, increasing production costs but also opening markets for advanced technology engines.
Tariff reductions on industrial engines as part of the Phase 1 trade deal have facilitated increased exports from the US to China.
February 2022
Boosted trade volume for US manufacturers, with a projected growth of 8% in exports to China.
Ongoing shortages of semiconductors have disrupted the production of electronically controlled engines in this category.
Mid-2022
Delays in delivery and increased costs have affected market availability, particularly in North America and Europe.