HS Icon Central Heating Boilers

Central heating boilers; excluding those of heading no. 8402

8403 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Central Heating Boilers. In 2021, Central Heating Boilers were the world's 394th most traded product, with a total trade of $8.7B. Between 2020 and 2021 the exports of Central Heating Boilers grew by 23.8%, from $7.03B to $8.7B. Trade in Central Heating Boilers represent 0.00041% of total world trade.

Central Heating Boilers are a part of Machinery, mechanical appliances, & parts. They include Central heating boilers nes and Parts of central heating boiler nes.

Exports In 2021 the top exporters of Central Heating Boilers  were Germany ($1.56B), Austria ($1.12B), Italy ($1.09B), Slovakia ($933M), and Turkey ($634M).

Imports In 2021 the top importers of Central Heating Boilers were Germany ($1.73B), France ($712M), United Kingdom ($651M), Italy ($592M), and United States ($432M).

Tariffs In 2018 the average tariff for Central Heating Boilers was 7.41%, making it the 590th lowest tariff using the HS4 product classification.

Ranking Central Heating Boilers ranks 309th in the Product Complexity Index (PCI).

Description Central heating boilers are used to heat a building. They can be made from a variety of materials, including cast iron, steel, and copper.

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The following visualization shows the latest trends on Central Heating Boilers. Countries are shown based on data availability.

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

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

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2021): Germany, $1.56B

Top Destination (2021): Germany, $1.73B

Central Heating Boilers are the world's 394th most traded product.

In 2021, the top exporters of Central Heating Boilers were Germany ($1.56B), Austria ($1.12B), Italy ($1.09B), Slovakia ($933M), and Turkey ($634M).

In 2021, the top importers of Central Heating Boilers were Germany ($1.73B), France ($712M), United Kingdom ($651M), Italy ($592M), and United States ($432M).

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Market Dynamics

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Trade by country

Color

Top Origin Growth (2020 -  2021): Austria, $364M

Top Destination Growth (2020 -  2021): Germany, $400M

Between 2020 and 2021, the exports of Central Heating Boilers grew the fastest in Austria ($364M), Germany ($293M), Italy ($176M), Turkey ($110M), and Poland ($105M).

Between 2020 and 2021, the fastest growing importers of Central Heating Boilers were Germany ($400M), France ($199M), Italy ($192M), Austria ($103M), and United States ($83.7M).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Central Heating Boilers.

In 2021, market concentration measured using Shannon Entropy, was 4.03. This means that most of the exports of Central Heating Boilers are explained by 16 countries.

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TOP NET EXPORTER (2021): Austria, $807M

TOP NET IMPORTER (2021): United Kingdom, $419M

This map shows which countries export or import more of Central Heating Boilers. Each country is colored based on the difference in exports and imports of Central Heating Boilers during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Central Heating Boilers were Austria ($807M), Slovakia ($641M), Italy ($493M), Turkey ($414M), and Netherlands ($255M).

In 2021, the countries that had a largest trade value in imports than in exports of Central Heating Boilers were United Kingdom ($419M), United States ($314M), Russia ($281M), Spain ($248M), and Belgium ($248M).

Disaggregation

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Value

In 2021, the world most traded Central Heating Boilers, disaggragated by their HS6 level were Central heating boilers nes ($6.15B) and Parts of central heating boiler nes ($2.56B)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Central Heating Boilers.
It is possible to select the main countries that export or import Central Heating Boilers in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Country by Relatedness

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The following visualization shows the relatedness of Central Heating Boilers to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.