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840420 (Harmonized System 1992 for 6-digit)

2023
World Trade $296MRnk 3350 / 4644
2023
Top Exporter | Top Importer $96.6M | $96.1MChina | Indonesia
2023
Product Complexity 0.76Rnk 1188 / 4656
2022 - 2023
Export Growth (CAGR) 19.8%Rnk 295 / 4644
2023
Share of World Trade 0.0013%Rnk 3350 / 4644

About

Overview This page contains the latest trade data of Condensers for steam or vapour power units. In 2023, Condensers for steam or vapour power units were the world's 3350th most traded product, with a total trade of $296M. Between 2022 and 2023 the exports of Condensers for steam or vapour power units grew by 19.8%, from $247M to $296M. Trade in Condensers for steam or vapour power units represent 0.0013% of total world trade.

Condensers for steam or vapour power units are a part of Boiler Plants.

Exports In 2023 the top exporters of Condensers for steam or vapour power units  were China ($96.6M), South Korea ($93.2M), France ($25.6M), India ($11.9M), and United States ($8.69M).

Imports In 2023 the top importers of Condensers for steam or vapour power units were Indonesia ($96.1M), United States ($28.3M), United Kingdom ($25.5M), Mexico ($17.5M), and Japan ($14.8M).

Ranking Condensers for steam or vapour power units ranks 1188th in the Product Complexity Index (PCI).

Description Condensers are used to create a vacuum to condense steam.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Condensers for steam or vapour power units. 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 (2023)China$96.6M
Top Destination (2023)Indonesia$96.1M

In 2023 Condensers for steam or vapour power units were the world's 3350th most traded product (out of 4,644).

In 2023, the top exporters of Condensers for steam or vapour power units were China ($96.6M), South Korea ($93.2M), France ($25.6M), India ($11.9M), and United States ($8.69M).

In 2023, the top importers of Condensers for steam or vapour power units were Indonesia ($96.1M), United States ($28.3M), United Kingdom ($25.5M), Mexico ($17.5M), and Japan ($14.8M).

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Exporters of Condensers for steam or vapour power units (2023)
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Importers of Condensers for steam or vapour power units (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$56.2M
Top Destination Growth (2022 -  2023)Indonesia$48.2M

Between 2022 and 2023, the exports of Condensers for steam or vapour power units grew the fastest in South Korea ($56.2M), France ($23.7M), Spain ($5.14M), Israel ($2.54M), and Germany ($1.8M).

Between 2022 and 2023, the fastest growing importers of Condensers for steam or vapour power units were Indonesia ($48.2M), United Kingdom ($23.8M), Mexico ($9.8M), Panama ($5.85M), and Japan ($5.49M).

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Exporters of Condensers for steam or vapour power units (2022 - 2023)

Importers of Condensers for steam or vapour power units (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Condensers for steam or vapour power units.

In 2023, market concentration measured using Shannon Entropy, was 3.01. This means that most of the exports of Condensers for steam or vapour power units are explained by 8 countries.

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Value of Exports in Condensers for steam or vapour power units

Net Trade

TOP NET EXPORTER (2023)China$95.2M
TOP NET IMPORTER (2023)Indonesia$96.1M

This map shows which countries export or import more of Condensers for steam or vapour power units. Each country is colored based on the difference in exports and imports of Condensers for steam or vapour power units during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Condensers for steam or vapour power units were China ($95.2M), South Korea ($91.5M), France ($23.3M), India ($7.62M), and Spain ($7.32M).

In 2023, the countries that had a largest trade value in imports than in exports of Condensers for steam or vapour power units were Indonesia ($96.1M), United Kingdom ($24.8M), United States ($19.6M), Mexico ($17.2M), and Chinese Taipei ($13.9M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Condensers for steam or vapour power units.
It is possible to select the main countries that export or import Condensers for steam or vapour power units in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Condensers for steam or vapour power units by percentage of total exports

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 (2023)

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