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840219 (Harmonized System 1992 for 6-digit)

2023
World Trade $793MRnk 2371 / 4644
2023
Top Exporter | Top Importer $166M | $84MChina | United States
2023
Product Complexity 0.053Rnk 2468 / 4656
2022 - 2023
Export Growth (CAGR) 2.09%Rnk 1327 / 4644
2023
Share of World Trade 0.0035%Rnk 2371 / 4644

About

Overview This page contains the latest trade data of Vapour generating boilers nes, hybrid boilers. In 2023, Vapour generating boilers nes, hybrid boilers were the world's 2371st most traded product, with a total trade of $793M. Between 2022 and 2023 the exports of Vapour generating boilers nes, hybrid boilers grew by 2.09%, from $776M to $793M. Trade in Vapour generating boilers nes, hybrid boilers represent 0.0035% of total world trade.

Vapour generating boilers nes, hybrid boilers are a part of Steam Boilers.

Exports In 2023 the top exporters of Vapour generating boilers nes, hybrid boilers  were China ($166M), Germany ($136M), Italy ($80.5M), South Korea ($60M), and United States ($53.4M).

Imports In 2023 the top importers of Vapour generating boilers nes, hybrid boilers were United States ($84M), Uzbekistan ($44.6M), Poland ($38.3M), Indonesia ($28M), and Cambodia ($19.9M).

Ranking Vapour generating boilers nes, hybrid boilers ranks 2468th in the Product Complexity Index (PCI).

Description Vapour generating boilers are used in all types of buildings but are most commonly found in large industrial complexes. They are most efficient for use in buildings with large heating requirements. Hybrid boilers are a combination of a gas boiler and an oil boiler. They are often used in smaller buildings.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Vapour generating boilers nes, hybrid boilers. 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$166M
Top Destination (2023)United States$84M

In 2023 Vapour generating boilers nes, hybrid boilers were the world's 2371st most traded product (out of 4,644).

In 2023, the top exporters of Vapour generating boilers nes, hybrid boilers were China ($166M), Germany ($136M), Italy ($80.5M), South Korea ($60M), and United States ($53.4M).

In 2023, the top importers of Vapour generating boilers nes, hybrid boilers were United States ($84M), Uzbekistan ($44.6M), Poland ($38.3M), Indonesia ($28M), and Cambodia ($19.9M).

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Exporters of Vapour generating boilers nes, hybrid boilers (2023)
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Importers of Vapour generating boilers nes, hybrid boilers (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$29.4M
Top Destination Growth (2022 -  2023)United States$53.7M

Between 2022 and 2023, the exports of Vapour generating boilers nes, hybrid boilers grew the fastest in Germany ($29.4M), South Korea ($18.3M), Israel ($11.9M), Brazil ($9M), and Norway ($8.94M).

Between 2022 and 2023, the fastest growing importers of Vapour generating boilers nes, hybrid boilers were United States ($53.7M), Uzbekistan ($29.8M), Portugal ($17.9M), Cambodia ($16.9M), and Poland ($11.4M).

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Exporters of Vapour generating boilers nes, hybrid boilers (2022 - 2023)

Importers of Vapour generating boilers nes, hybrid boilers (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Vapour generating boilers nes, hybrid boilers.

In 2023, market concentration measured using Shannon Entropy, was 4.17. This means that most of the exports of Vapour generating boilers nes, hybrid boilers are explained by 18 countries.

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Value of Exports in Vapour generating boilers nes, hybrid boilers

Net Trade

TOP NET EXPORTER (2023)China$158M
TOP NET IMPORTER (2023)Uzbekistan$43.1M

This map shows which countries export or import more of Vapour generating boilers nes, hybrid boilers. Each country is colored based on the difference in exports and imports of Vapour generating boilers nes, hybrid boilers during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Vapour generating boilers nes, hybrid boilers were China ($158M), Germany ($124M), Italy ($67.2M), South Korea ($57.2M), and Turkey ($17.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Vapour generating boilers nes, hybrid boilers were Uzbekistan ($43.1M), United States ($30.7M), Poland ($30.2M), Indonesia ($27.6M), and Cambodia ($19.8M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Vapour generating boilers nes, hybrid boilers 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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