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840619 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.13BRnk 1972 / 4644
2023
Top Exporter | Top Importer $250M | $293MChina | Indonesia
2023
Product Complexity 0.22Rnk 2171 / 4656
2022 - 2023
Export Growth (CAGR) 1.67%Rnk 1370 / 4644
2023
Share of World Trade 0.005%Rnk 1972 / 4644

About

Overview This page contains the latest trade data of Steam and vapour turbines nes. In 2023, Steam and vapour turbines nes were the world's 1972nd most traded product, with a total trade of $1.13B. Between 2022 and 2023 the exports of Steam and vapour turbines nes grew by 1.67%, from $1.12B to $1.13B. Trade in Steam and vapour turbines nes represent 0.005% of total world trade.

Steam and vapour turbines nes are a part of Steam Turbines.

Exports In 2023 the top exporters of Steam and vapour turbines nes  were China ($250M), Germany ($200M), Japan ($151M), France ($72.2M), and Czechia ($72.1M).

Imports In 2023 the top importers of Steam and vapour turbines nes were Indonesia ($293M), Turkey ($205M), Mexico ($68.7M), South Korea ($42.2M), and United States ($38.5M).

Ranking Steam and vapour turbines nes ranks 2171st in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Steam and vapour turbines nes. 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 (2023)China$250M
Top Destination (2023)Indonesia$293M

In 2023 Steam and vapour turbines nes were the world's 1972nd most traded product (out of 4,644).

In 2023, the top exporters of Steam and vapour turbines nes were China ($250M), Germany ($200M), Japan ($151M), France ($72.2M), and Czechia ($72.1M).

In 2023, the top importers of Steam and vapour turbines nes were Indonesia ($293M), Turkey ($205M), Mexico ($68.7M), South Korea ($42.2M), and United States ($38.5M).

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Exporters of Steam and vapour turbines nes (2023)
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Importers of Steam and vapour turbines nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$53.5M
Top Destination Growth (2022 -  2023)Turkey$112M

Between 2022 and 2023, the exports of Steam and vapour turbines nes grew the fastest in China ($53.5M), Netherlands ($27.2M), Vietnam ($21.9M), Brazil ($21.4M), and Russia ($17.1M).

Between 2022 and 2023, the fastest growing importers of Steam and vapour turbines nes were Turkey ($112M), Indonesia ($99.6M), Mexico ($45.2M), Brazil ($36.6M), and Chinese Taipei ($21.4M).

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Exporters of Steam and vapour turbines nes (2022 - 2023)

Importers of Steam and vapour turbines nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Steam and vapour turbines nes.

In 2023, market concentration measured using Shannon Entropy, was 3.76. This means that most of the exports of Steam and vapour turbines nes are explained by 13 countries.

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Value of Exports in Steam and vapour turbines nes

Net Trade

TOP NET EXPORTER (2023)China$216M
TOP NET IMPORTER (2023)Indonesia$293M

This map shows which countries export or import more of Steam and vapour turbines nes. Each country is colored based on the difference in exports and imports of Steam and vapour turbines nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Steam and vapour turbines nes were China ($216M), Germany ($185M), Japan ($145M), Czechia ($72.1M), and France ($67.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Steam and vapour turbines nes were Indonesia ($293M), Turkey ($205M), Mexico ($67.2M), Thailand ($34.9M), and South Korea ($32.3M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Steam and vapour turbines nes.
It is possible to select the main countries that export or import Steam and vapour turbines nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Steam and vapour turbines nes 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 (2023)

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