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Central heating boilers; excluding those of heading no. 8402

8403 (Harmonized System 1992 for 4-digit)

2022
World Trade $8.59BRnk 416 / 1218
2022
Top Exporter | Top Importer $1.38B | $1.74BGermany | Germany
2022
Product Complexity 0.6Rnk 325 / 1033
2021 - 2022
Export Growth (CAGR) -1.18%Rnk 918 / 1218
2022
Share of World Trade 0.036%Rnk 416 / 1218

About

Overview This page contains the latest trade data of Central Heating Boilers. In 2022, Central Heating Boilers were the world's 416th most traded product, with a total trade of $8.59B. Between 2021 and 2022 the exports of Central Heating Boilers decreased by -1.18%, from $8.69B to $8.59B. Trade in Central Heating Boilers represent 0.036% 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 2022 the top exporters of Central Heating Boilers  were Germany ($1.38B), Austria ($1.26B), Italy ($1.03B), Slovakia ($905M), and Turkey ($592M).

Imports In 2022 the top importers of Central Heating Boilers were Germany ($1.74B), France ($650M), Italy ($636M), United Kingdom ($620M), and United States ($530M).

Ranking Central Heating Boilers ranks 325th 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.

Latest Trends

Latest Data

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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.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2022)Germany$1.38B
Top Destination (2022)Germany$1.74B

In 2022 Central Heating Boilers were the world's 416th most traded product (out of 1,218).

In 2022, the top exporters of Central Heating Boilers were Germany ($1.38B), Austria ($1.26B), Italy ($1.03B), Slovakia ($905M), and Turkey ($592M).

In 2022, the top importers of Central Heating Boilers were Germany ($1.74B), France ($650M), Italy ($636M), United Kingdom ($620M), and United States ($530M).

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Exporters of Central Heating Boilers (2022)
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Importers of Central Heating Boilers (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Austria$145M
Top Destination Growth (2021 -  2022)United States$96.9M

Between 2021 and 2022, the exports of Central Heating Boilers grew the fastest in Austria ($145M), China ($52.9M), Canada ($28.4M), Netherlands ($24.9M), and Czechia ($23.1M).

Between 2021 and 2022, the fastest growing importers of Central Heating Boilers were United States ($96.9M), Italy ($43.7M), Kazakhstan ($35.3M), Turkey ($29.9M), and Austria ($29M).

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Exporters of Central Heating Boilers (2021 - 2022)

Importers of Central Heating Boilers (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Central Heating Boilers are explained by 16 countries.

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Value of Exports in Central Heating Boilers

Net Trade

TOP NET EXPORTER (2022)Austria$925M
TOP NET IMPORTER (2022)United Kingdom$518M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Central Heating Boilers were Austria ($925M), Slovakia ($610M), Italy ($394M), Turkey ($343M), and Netherlands ($281M).

In 2022, the countries that had a largest trade value in imports than in exports of Central Heating Boilers were United Kingdom ($518M), United States ($408M), Germany ($360M), Russia ($256M), and Belgium ($233M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Central Heating Boilers, disaggragated by their HS6 level were Central heating boilers nes ($6.06B) and Parts of central heating boiler nes ($2.53B)

HS6 Disaggregation for Central Heating Boilers (2022)
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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.

Top 10 Exporters Countries of Central Heating Boilers by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALItaly+ $23.9M
TOP IMPORT POTENTIALGermany+ $15.6M

Central Heating Boilers’s highest export potential is Italy. With an export gap of $23.9M.  Central Heating Boilers’s highest import potential is Germany with an import gap of $15.6M.

See methodology.

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Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2022)

Related Products

This visualization shows products that are likely to be exported by countries that export Central Heating Boilers.

Country by Relatedness

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.

Relative Relatedness by Country (2022)

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