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841182 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.11BRnk 634 / 4648
2022
Top Exporter | Top Importer $1.86B | $632MUnited States | United States
2022
Product Complexity 0.044Rnk 2460 / 4653
2021 - 2022
Export Growth (CAGR) 3.74%Rnk 2413 / 4648
2022
Share of World Trade 0.026%Rnk 634 / 4648

About

Overview This page contains the latest trade data of Gas turbine engines nes of a power > 5000 kW. In 2022, Gas turbine engines nes of a power > 5000 kW were the world's 634th most traded product, with a total trade of $6.11B. Between 2021 and 2022 the exports of Gas turbine engines nes of a power > 5000 kW grew by 3.74%, from $5.89B to $6.11B. Trade in Gas turbine engines nes of a power > 5000 kW represent 0.026% of total world trade.

Gas turbine engines nes of a power > 5000 kW are a part of Gas Turbines.

Exports In 2022 the top exporters of Gas turbine engines nes of a power > 5000 kW  were United States ($1.86B), United Kingdom ($860M), France ($524M), Sweden ($443M), and Germany ($411M).

Imports In 2022 the top importers of Gas turbine engines nes of a power > 5000 kW were United States ($632M), China ($435M), Italy ($374M), United Kingdom ($282M), and Singapore ($253M).

Ranking Gas turbine engines nes of a power > 5000 kW ranks 2460th in the Product Complexity Index (PCI).

Description Gas turbine engines are used in applications that require a large amount of power, such as electric power generation, aircraft and locomotive propulsion.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Gas turbine engines nes of a power > 5000 kW. 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)United States$1.86B
Top Destination (2022)United States$632M

In 2022 Gas turbine engines nes of a power > 5000 kW were the world's 634th most traded product (out of 4,648).

In 2022, the top exporters of Gas turbine engines nes of a power > 5000 kW were United States ($1.86B), United Kingdom ($860M), France ($524M), Sweden ($443M), and Germany ($411M).

In 2022, the top importers of Gas turbine engines nes of a power > 5000 kW were United States ($632M), China ($435M), Italy ($374M), United Kingdom ($282M), and Singapore ($253M).

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Exporters of Gas turbine engines nes of a power > 5000 kW (2022)
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Importers of Gas turbine engines nes of a power > 5000 kW (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Sweden$229M
Top Destination Growth (2021 -  2022)Italy$132M

Between 2021 and 2022, the exports of Gas turbine engines nes of a power > 5000 kW grew the fastest in Sweden ($229M), France ($174M), Netherlands ($120M), United States ($117M), and Hungary ($74.4M).

Between 2021 and 2022, the fastest growing importers of Gas turbine engines nes of a power > 5000 kW were Italy ($132M), Thailand ($127M), South Korea ($114M), United States ($105M), and Poland ($78.5M).

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Exporters of Gas turbine engines nes of a power > 5000 kW (2021 - 2022)

Importers of Gas turbine engines nes of a power > 5000 kW (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Gas turbine engines nes of a power > 5000 kW.

In 2022, market concentration measured using Shannon Entropy, was 3.74. This means that most of the exports of Gas turbine engines nes of a power > 5000 kW are explained by 13 countries.

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Value of Exports in Gas turbine engines nes of a power > 5000 kW

Net Trade

TOP NET EXPORTER (2022)United States$1.23B
TOP NET IMPORTER (2022)China$364M

This map shows which countries export or import more of Gas turbine engines nes of a power > 5000 kW. Each country is colored based on the difference in exports and imports of Gas turbine engines nes of a power > 5000 kW during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Gas turbine engines nes of a power > 5000 kW were United States ($1.23B), United Kingdom ($578M), France ($514M), Sweden ($439M), and Germany ($246M).

In 2022, the countries that had a largest trade value in imports than in exports of Gas turbine engines nes of a power > 5000 kW were China ($364M), South Korea ($199M), Qatar ($170M), Chinese Taipei ($165M), and Australia ($126M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Gas turbine engines nes of a power > 5000 kW.
It is possible to select the main countries that export or import Gas turbine engines nes of a power > 5000 kW in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Gas turbine engines nes of a power > 5000 kW 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 (2022)

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