2022
Exports | Imports
$502M | $163MWorld Rnk 3 / 122
Flag Rnk 577 / 1216
World Rnk 7 / 191
Flag Rnk 552 / 1212
2022
ECONOMIC COMPLEXITY of China
1.01Rnk 24 / 124
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.43Rnk 402 / 1025

About

Exports In 2022, China exported $502M in Steam Turbines, making it the 3rd largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 577th most exported product in China. The main destination of Steam Turbines exports from China are: Indonesia ($162M), Bangladesh ($66.9M), Japan ($33.2M), Germany ($28.8M), and India ($24.9M).

The fastest growing export markets for Steam Turbines of China between 2021 and 2022 were Germany ($17.6M), Indonesia ($14.7M), and Russia ($9.89M).

Imports In 2022, China imported $163M in Steam Turbines, becoming the 7th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 552nd most imported product in China. China imports Steam Turbines primarily from: Germany ($57.9M), Japan ($34.3M), Italy ($27.9M), Poland ($10.9M), and Czechia ($6.18M).

The fastest growing import markets in Steam Turbines for China between 2021 and 2022 were Italy ($25.6M), Germany ($19.3M), and Poland ($6.28M).

COMPANIES In 2023, leading companies such as CONAIR CORPORATION (1.71k), AMAZON SERVICES LLC (580), and IKEA SUPPLY AG (370) were at the forefront of shipping Steam Turbines from China to the United States.

Latest Trends

February 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (February 2023 - February 2024)$-16.8M(-37.3%)
IMPORT GROWTH (February 2023 - February 2024)$7.12M(76.9%)
MAIN EXPORTER (February 2024)Shanghai Province$19.1M
MAIN DESTINATION (February 2024)Mongolia$5.5M

This section shows Steam 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 Steam Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$502M
IMPORTS (2022)$163M
NET TRADE (2022)$340M

In 2022, China exported $502M in Steam Turbines. The main destinations of China exports on Steam Turbines were Indonesia ($162M), Bangladesh ($66.9M), Japan ($33.2M), Germany ($28.8M), and India ($24.9M).

In 2022, China imported $163M in Steam Turbines, mainly from Germany ($57.9M), Japan ($34.3M), Italy ($27.9M), Poland ($10.9M), and Czechia ($6.18M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR China WERE (2021 - 2022):
Germany$17.6M (156%)
Indonesia$14.7M (9.98%)
Russia$9.89M (294%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY China WERE (2021 - 2022):
Turkey-$102M (-88%)
Pakistan-$71.3M (-79.4%)
Cambodia-$22.2M (-91.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Steam Turbines were:
In 2022, China's main importing competitors in Steam Turbines were:

Explore Visualizations

Trade Value of Steam Turbines by Exporters

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