PORTUGAL: New subnational monthly data !
Have fun with OEC Games!
New 50% OFF discount for academic accounts !
Sign In
Pricing

2022
Exports $32.5BWorld Rnk 1 / 192
Flag Rnk 13 / 1217
2022
Destination $1.42B France
2021 - 2022
FASTEST GROWING MARKET $1.42BUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Gas Turbines0.71Rnk 270 / 1025
2022
Imports $26.2BWorld Rnk 1 / 207
Flag Rnk 15 / 1216
2022
Origin $737M France
2021 - 2022
FASTEST GROWING ORIGIN $737MUnited Kingdom
2022
ECONOMIC COMPLEXITY of United States1.47Rnk 10 / 133

About

Exports In 2022, United States exported $32.5B in Gas Turbines, making it the 1st largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 13th most exported product in United States. The main destination of Gas Turbines exports from United States are: France ($3.31B), Germany ($2.94B), United Kingdom ($2.58B), Brazil ($1.95B), and Canada ($1.92B).

The fastest growing export markets for Gas Turbines of United States between 2021 and 2022 were United Arab Emirates ($1.42B), Brazil ($1.18B), and Qatar ($1.09B).

Imports In 2022, United States imported $26.2B in Gas Turbines, becoming the 1st largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 15th most imported product in United States. United States imports Gas Turbines primarily from: France ($4.57B), Canada ($3.87B), United Kingdom ($3.65B), Mexico ($2.15B), and Japan ($2.02B).

The fastest growing import markets in Gas Turbines for United States between 2021 and 2022 were United Kingdom ($737M), France ($724M), and Canada ($549M).

COMPANIES In 2023, leading companies such as BOEING (64), Schaeffler Group (51), and GE RENEWABLES NORTH AMERICA LLC (31) were at the forefront of shipping Gas Turbines to the United States.

Latest Trends

April 2024

About

Overview In April 2024 United States' Gas Turbines exports accounted up to $869M and imports accounted up to $2.29B, resulting in a negative trade balance of $1.43B. Between April 2023 and April 2024 the exports of United States'   Gas Turbines have decreased by $-50.8M (-5.52%) from $920M to $869M, while imports increased by $104M (4.76%) from $2.19B to $2.29B.

Destinations In April 2024, Gas Turbines were exported mostly to Canada ($105M), Mexico ($88.5M), Singapore ($66.4M), Hungary ($49.3M), and Germany ($44.3M), and were imported mostly from France ($460M), Canada ($401M), Germany ($260M), United Kingdom ($222M), and Mexico ($176M).

Growth In April 2024, the decrease in Gas Turbines's year-by-year exports was explained primarily by a decrease in exports to Italy ($-28.1M or -31.2%), China ($-20.8M or -65.4%), and Japan ($-18.1M or -47.4%). In April 2024, the increase in Gas Turbines's year-by-year imports was explained primarily by an increase in imports from Canada ($147M or 49.6%), France ($56.6M or 15.9%), and Mexico ($36.4M or 38%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (April 2023 - April 2024)$-50.8M(-5.52%)
IMPORT GROWTH (April 2023 - April 2024)$104M(4.76%)
MAIN EXPORTER (April 2024)Georgia$237M
MAIN DESTINATION (April 2024)Canada$105M

This section shows Gas Turbines'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 Gas Turbines over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$32.5B
IMPORTS (2022)$26.2B
NET TRADE (2022)$6.31B

In 2022, United States exported $32.5B in Gas Turbines. The main destinations of United States exports on Gas Turbines were France ($3.31B), Germany ($2.94B), United Kingdom ($2.58B), Brazil ($1.95B), and Canada ($1.92B).

In 2022, United States imported $26.2B in Gas Turbines, mainly from France ($4.57B), Canada ($3.87B), United Kingdom ($3.65B), Mexico ($2.15B), and Japan ($2.02B).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gas Turbines EXPORT MARKETS FOR United States WERE (2021 - 2022):
United Arab Emirates$1.42B (327%)
Brazil$1.18B (155%)
Qatar$1.09B (399%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gas Turbines BY United States WERE (2021 - 2022):
China-$1.84B (-79.5%)
Singapore-$1.29B (-44.5%)
United Kingdom-$957M (-27%)
Explore Visualizations

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Gas Turbines were:
United Kingdom $29.2B
France $13.6B
In 2022, United States's main importing competitors in Gas Turbines were:
United Kingdom $11.5B
China $9.91B

Explore Visualizations

Trade Value of Gas Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCanada+ $476M
TOP IMPORT POTENTIALCanada+ $964M

Gas Turbines’s highest export potential is Canada. With an export gap of $476M.   Gas Turbines’s highest import potential is Canada with an import gap of $964M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms