840682 (Harmonized System 1996 for 6-digit)

About

Overview This page contains the latest trade data of Small Steam Turbines for Non-Marine Use (Below 40MW). In 2022, Small Steam Turbines for Non-Marine Use (Below 40MW) were the world's 2982nd most traded product, with a total trade of $513M. Between 2021 and 2022 the exports of Small Steam Turbines for Non-Marine Use (Below 40MW) decreased by -18.3%, from $628M to $513M. Trade in Small Steam Turbines for Non-Marine Use (Below 40MW) represent 0.0022% of total world trade.

Small Steam Turbines for Non-Marine Use (Below 40MW) are a part of Turbines; steam and other vapour turbines.

Exports In 2022 the top exporters of Small Steam Turbines for Non-Marine Use (Below 40MW)  were Germany ($77.5M), China ($74M), United States ($60.1M), Czechia ($56.8M), and India ($55.6M).

Imports In 2022 the top importers of Small Steam Turbines for Non-Marine Use (Below 40MW) were Indonesia ($53M), South Korea ($34.3M), Turkey ($32.6M), Thailand ($23.2M), and Nigeria ($22.8M).

Ranking Small Steam Turbines for Non-Marine Use (Below 40MW) ranks 2057th in the Product Complexity Index (PCI).

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Small Steam Turbines for Non-Marine Use (Below 40MW). 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)Germany$77.5M
Top Destination (2022)Indonesia$53M

In 2022 Small Steam Turbines for Non-Marine Use (Below 40MW) were the world's 2982nd most traded product (out of 4,769).

In 2022, the top exporters of Small Steam Turbines for Non-Marine Use (Below 40MW) were Germany ($77.5M), China ($74M), United States ($60.1M), Czechia ($56.8M), and India ($55.6M).

In 2022, the top importers of Small Steam Turbines for Non-Marine Use (Below 40MW) were Indonesia ($53M), South Korea ($34.3M), Turkey ($32.6M), Thailand ($23.2M), and Nigeria ($22.8M).

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Exporters of Small Steam Turbines for Non-Marine Use (Below 40MW) (2022)
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Importers of Small Steam Turbines for Non-Marine Use (Below 40MW) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Italy$22.8M
Top Destination Growth (2021 -  2022)Indonesia$18.4M

Between 2021 and 2022, the exports of Small Steam Turbines for Non-Marine Use (Below 40MW) grew the fastest in Italy ($22.8M), United States ($17.8M), Spain ($10.5M), Ukraine ($7.69M), and Germany ($6.31M).

Between 2021 and 2022, the fastest growing importers of Small Steam Turbines for Non-Marine Use (Below 40MW) were Indonesia ($18.4M), Denmark ($9.42M), Singapore ($8.99M), Bulgaria ($7.13M), and South Korea ($5.86M).

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Exporters of Small Steam Turbines for Non-Marine Use (Below 40MW) (2021 - 2022)

Importers of Small Steam Turbines for Non-Marine Use (Below 40MW) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Small Steam Turbines for Non-Marine Use (Below 40MW).

In 2022, market concentration measured using Shannon Entropy, was 3.72. This means that most of the exports of Small Steam Turbines for Non-Marine Use (Below 40MW) are explained by 13 countries.

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Value of Exports in Small Steam Turbines for Non-Marine Use (Below 40MW)

Net Trade

TOP NET EXPORTER (2022)Germany$60.7M
TOP NET IMPORTER (2022)Indonesia$52.7M

This map shows which countries export or import more of Small Steam Turbines for Non-Marine Use (Below 40MW). Each country is colored based on the difference in exports and imports of Small Steam Turbines for Non-Marine Use (Below 40MW) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Small Steam Turbines for Non-Marine Use (Below 40MW) were Germany ($60.7M), Czechia ($54.7M), China ($53.4M), Japan ($49.7M), and India ($48.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Small Steam Turbines for Non-Marine Use (Below 40MW) were Indonesia ($52.7M), South Korea ($34.1M), Turkey ($28.4M), Thailand ($22.4M), and Bangladesh ($17.8M).

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 Small Steam Turbines for Non-Marine Use (Below 40MW).
It is possible to select the main countries that export or import Small Steam Turbines for Non-Marine Use (Below 40MW) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Small Steam Turbines for Non-Marine Use (Below 40MW) 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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