Turbo-jets, turbo-propellers and other gas turbines

8411 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Gas Turbines. In 2021, Gas Turbines were the world's 19th most traded product, with a total trade of $132B. Between 2020 and 2021 the exports of Gas Turbines grew by 4.1%, from $127B to $132B. Trade in Gas Turbines represent 0.63% of total world trade.

Gas Turbines are a part of Machinery, mechanical appliances, & parts. 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 2021 the top exporters of Gas Turbines  were United States ($30B), United Kingdom ($21.9B), France ($10.7B), Hong Kong ($7.67B), and Germany ($7.01B).

Imports In 2021 the top importers of Gas Turbines were United States ($22.6B), China ($14.3B), United Kingdom ($9.83B), Germany ($8.02B), and Singapore ($7.43B).

Ranking Gas Turbines ranks 271st in the Product Complexity Index (PCI).

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.

Latest Data

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The following visualization shows the latest trends on Gas Turbines. 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

Exporters and Importers

Top Origin (2021)United States$30B
Top Destination (2021)United States$22.6B

In 2021 Gas Turbines were the world's 19th most traded product (out of 1,217).

In 2021, the top exporters of Gas Turbines were United States ($30B), United Kingdom ($21.9B), France ($10.7B), Hong Kong ($7.67B), and Germany ($7.01B).

In 2021, the top importers of Gas Turbines were United States ($22.6B), China ($14.3B), United Kingdom ($9.83B), Germany ($8.02B), and Singapore ($7.43B).

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Exporters of Gas Turbines (2021)
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Importers of Gas Turbines (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)United Kingdom$3.76B
Top Destination Growth (2020 -  2021)China$4.7B

Between 2020 and 2021, the exports of Gas Turbines grew the fastest in United Kingdom ($3.76B), United States ($2.85B), Hong Kong ($1.11B), Poland ($826M), and Russia ($661M).

Between 2020 and 2021, the fastest growing importers of Gas Turbines were China ($4.7B), United Kingdom ($1.91B), Netherlands ($988M), Poland ($840M), and France ($774M).

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Exporters of Gas Turbines (2020 - 2021)

Importers of Gas Turbines (2020 - 2021)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Gas Turbines.

In 2021, market concentration measured using Shannon Entropy, was 4.16. This means that most of the exports of Gas Turbines are explained by 17 countries.

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Value of Exports in Gas Turbines

Net Trade

TOP NET EXPORTER (2021)United Kingdom$12.1B
TOP NET IMPORTER (2021)China$10.8B

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

In 2021, the countries that had a largest trade value in exports than in imports of Gas Turbines were United Kingdom ($12.1B), United States ($7.44B), France ($3.52B), Canada ($2.29B), and Hong Kong ($1.36B).

In 2021, the countries that had a largest trade value in imports than in exports of Gas Turbines were China ($10.8B), Chinese Taipei ($1.52B), United Arab Emirates ($1.44B), Qatar ($1.42B), and Brazil ($1.4B).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Gas Turbines, disaggragated by their HS6 level were Turbo-jet engines of a thrust >... ($58.7B), Parts of turbo-jet or turbo-propeller engines ($40.3B), Parts of gas turbine engines except... ($19.9B), Gas turbine engines nes of a... ($5.79B), and Turbo-propeller engines of a power >... ($2.61B)

HS6 Disaggregation for Gas Turbines (2021)
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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 Gas Turbines.
It is possible to select the main countries that export or import Gas Turbines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Gas Turbines 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 (2021)

Country by Relatedness

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

Relative Relatedness by Country (2021)

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