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2023
Exports $297MWorld Rnk 1 / 124
Flag Rnk 666 / 1215
2023
Destination $15.1M Pakistan
2022 - 2023
FASTEST GROWING MARKET $15.1MAustralia
2023
PRODUCT COMPLEXITY IN Hydraulic Turbines0.029Rnk 550 / 1025
2023
Imports $5.37MWorld Rnk 47 / 196
Flag Rnk 1054 / 1214
2023
Origin $1.04M Hong Kong
2022 - 2023
FASTEST GROWING ORIGIN $1.04MBrazil
2023
ECONOMIC COMPLEXITY of China1.16Rnk 21 / 132

About

Exports In 2023, China exported $297M in Hydraulic Turbines, making it the 1st largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 666th most exported product in China. The main destination of Hydraulic Turbines exports from China are: Pakistan ($39.5M), Tanzania ($37.8M), Vietnam ($31.2M), Australia ($21.5M), and Russia ($21M).

The fastest growing export markets for Hydraulic Turbines of China between 2022 and 2023 were Australia ($15.1M), Russia ($14.9M), and Vietnam ($14.2M).

Imports In 2023, China imported $5.37M in Hydraulic Turbines, becoming the 47th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 1054th most imported product in China. China imports Hydraulic Turbines primarily from: Hong Kong ($1.39M), Brazil ($1.04M), Austria ($800k), Sweden ($586k), and United Kingdom ($306k).

The fastest growing import markets in Hydraulic Turbines for China between 2022 and 2023 were Brazil ($1.04M), Austria ($785k), and United Kingdom ($271k).

COMPANIES In 2024, leading companies such as Tredit Tire & Wheel (47), General Motors (23), and Volkswagen (11) were at the forefront of shipping Hydraulic Turbines from China to the United States.

Latest Trends

December 2024

About

Overview In December 2024 China's Hydraulic Turbines exports accounted up to $32.7M and imports accounted up to $120k, resulting in a positive trade balance of $32.5M. Between December 2023 and December 2024 the exports of China's   Hydraulic Turbines have increased by $8.13M (33.1%) from $24.5M to $32.7M, while imports decreased by $-137k (-53.4%) from $257k to $120k.

Destinations In December 2024, Hydraulic Turbines were exported mostly to Indonesia ($5.45M), Mexico ($4.93M), Laos ($3.95M), Nepal ($2.56M), and Canada ($2.44M), and were imported mostly from Sweden ($76.9k), Italy ($21.8k), Japan ($14.4k), United States ($3.26k), and South Korea ($2.19k).

Growth In December 2024, the increase in Hydraulic Turbines's year-by-year exports was explained primarily by an increase in exports to Malaysia ($3.4M or 27.7k%), Pakistan ($2.84M or 1.59k%), and Indonesia ($2.52M or 3.98k%). In December 2024, the decrease in Hydraulic Turbines's year-by-year imports was explained primarily by a decrease in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (December 2023 - December 2024)$8.13M(33.1%)
IMPORT GROWTH (December 2023 - December 2024)$-137k(-53.4%)
MAIN EXPORTER (December 2024)Shanghai Province$9.74M
MAIN DESTINATION (December 2024)Indonesia$5.45M

This section shows Hydraulic Turbines's exports and imports data at subnational level for China. 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 Hydraulic Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$297M
IMPORTS (2023)$5.37M
NET TRADE (2023)$292M

In 2023, China exported $297M in Hydraulic Turbines. The main destinations of China exports on Hydraulic Turbines were Pakistan ($39.5M), Tanzania ($37.8M), Vietnam ($31.2M), Australia ($21.5M), and Russia ($21M).

In 2023, China imported $5.37M in Hydraulic Turbines, mainly from Hong Kong ($1.39M), Brazil ($1.04M), Austria ($800k), Sweden ($586k), and United Kingdom ($306k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR China WERE (2022 - 2023):
Australia$15.1M (237%)
Russia$14.9M (246%)
Vietnam$14.2M (82.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY China WERE (2022 - 2023):
Cameroon-$18.8M (-89.3%)
Uzbekistan-$9.14M (-77%)
Nepal-$8.82M (-64.8%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, China's main exporting competitors in Hydraulic Turbines were:
Germany $95.3M
Italy $78.4M
In 2023, China's main importing competitors in Hydraulic Turbines were:
United States $67.8M
Vietnam $56.8M
Austria $41.3M

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $4.22M
TOP IMPORT POTENTIALIndia+ $363k

Hydraulic Turbines’s highest export potential is Russia. With an export gap of $4.22M.   Hydraulic Turbines’s highest import potential is India with an import gap of $363k.

See methodology.

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