Overview This page contains the latest trade data of Gas Turbines. In 2020, Gas Turbines were the world's 15th most traded product, with a total trade of $127B. Between 2019 and 2020 the exports of Gas Turbines decreased by -19.3%, from $157B to $127B. Trade in Gas Turbines represent 0.76% of total world trade.
Gas Turbines are a part of Machinery and appliances. They include Parts of turbo-jet or turbo-propeller engines, Turbo-jet engines of a thrust > 25 KN, Parts of gas turbine engines except turbo-jet/prop, Gas turbine engines nes of a power > 5000 kW, Turbo-propeller engines of a power > 1100 kW, Gas turbine engines nes of a power < 5000 kW, Turbo-jet engines of a thrust < 25 KN, and Turbo-propeller engines of a power < 1100 kW.
Exports In 2020 the top exporters of Gas Turbines were United States ($27.3B), United Kingdom ($18.1B), France ($11.5B), Germany ($9.3B), and Singapore ($9.24B).
Imports In 2020 the top importers of Gas Turbines were United States ($23.8B), China ($9.56B), Singapore ($8.7B), Germany ($8.64B), and United Kingdom ($7.96B).
Tariffs In 2018 the average tariff for Gas Turbines was 2.81%, making it the 1166th lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Gas Turbines are Bermuda (25%), Cayman Islands (22%), Anguilla (20%), and Maldives (19.6%). The countries with the lowest tariffs are Angola (0%), Ethiopia (0%), Kenya (0%), Mauritius (0%), and Rwanda (0%).
Description Turbojets are used to power airplanes and other vehicles. They work by using the energy from a jet of air to spin a turbine, which then powers an engine. Turbopropellers are similar to turbojets, but they use a propeller instead of a jet of air.