Gas TurbinesTurbo-jets, turbo-propellers and other gas turbines
8411 (Harmonized System 1992 for 4-digit)
2021 World Trade: $132B, Rnk 19 / 1217
2021 Top Exporter | Top Importer: $30B | $22.6B, United States | United States
2021 Product Complexity: 0.72, Rnk 271 / 1024
2020 - 2021 Export Growth (CAGR): 4.1%, Rnk 1086 / 1217
2018 Mean Tariff: 2.81%, Rnk 1166 / 1259
2021 Share of World Trade: 0.63%, Rnk 19 / 1217
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.
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.
Trade By Country
Top Origin (2021): United States, $30B
Top Destination (2021): United States, $22.6B
Gas Turbines are the world's 19th most traded product.
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).
Trade by country
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).
Cumulative market share
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.
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).
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)
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.
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.
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