2022
Exports
$140MWorld Rnk 8 / 122
Flag Rnk 370 / 1212
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2022
Imports
$141MWorld Rnk 8 / 191
Flag Rnk 384 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $140M in Steam Turbines, making it the 8th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 370th most exported product in India. The main destination of Steam Turbines exports from India are: Japan ($22.9M), United States ($17.1M), Bangladesh ($11.7M), Turkey ($8.02M), and Thailand ($6.95M).

The fastest growing export markets for Steam Turbines of India between 2021 and 2022 were Senegal ($3.48M), Thailand ($3.22M), and South Africa ($3.14M).

Imports In 2022, India imported $141M in Steam Turbines, becoming the 8th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 384th most imported product in India. India imports Steam Turbines primarily from: Germany ($43.6M), China ($24.9M), Russia ($20.4M), Japan ($16.4M), and United States ($5.48M).

The fastest growing import markets in Steam Turbines for India between 2021 and 2022 were Germany ($28.5M), Bangladesh ($5.28M), and Vietnam ($3.33M).

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Steam Turbines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$140M
IMPORTS (2022)$141M
NET TRADE (2022)-$1.1M

In 2022, India exported $140M in Steam Turbines. The main destinations of India exports on Steam Turbines were Japan ($22.9M), United States ($17.1M), Bangladesh ($11.7M), Turkey ($8.02M), and Thailand ($6.95M).

In 2022, India imported $141M in Steam Turbines, mainly from Germany ($43.6M), China ($24.9M), Russia ($20.4M), Japan ($16.4M), and United States ($5.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR India WERE (2021 - 2022):
Senegal$3.48M (375%)
Thailand$3.22M (86.4%)
South Africa$3.14M (244%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY India WERE (2021 - 2022):
Japan-$116M (-83.6%)
Bangladesh-$54.2M (-82.2%)
United States-$22.6M (-56.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $7.92M
TOP IMPORT POTENTIALChina+ $18.7M

Steam Turbines’s highest export potential is Bangladesh. With an export gap of $7.92M.   Steam Turbines’s highest import potential is China with an import gap of $18.7M.

See methodology.

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