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).
Tariffs In 2018 the average tariff for Gas Turbines was 2.81%, making it the 1166th lowest tariff using the HS4 product classification.
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.