Central Heating Boilers8403 (Harmonized System 1992 for 4-digit)
World Trade (2018): $7.33B, Rnk 413 / 1225
Top Exporter (2018): $1.55B, Germany
Top Importer (2018): $1.12B, Germany
Product Complexity (2018): 0.66, Rnk 298 / 1018
Export Growth (CAGR)(2017 - 2018): 8.23%, Rnk 857 / 1225
Mean Tariff (2018): 7.61%, Rnk 574 / 1259
Share of World Trade (2018): 0.04%, Rnk 413 / 1225
Overview: This page contains the latest trade data of Central Heating Boilers. In 2018, Central Heating Boilers were the world's 413th most traded product, with a total trade of $7.33B. Between 2017 and 2018 the exports of Central Heating Boilers grew by 8.23%, from $6.77B to $7.33B. Trade in Central Heating Boilers represent 0.04% of total world trade.
Exports: In 2018 the top exporters of Central Heating Boilers were Germany ($1.55B), Italy ($1.07B), Slovakia ($761M), Turkey ($533M), and France ($478M).
Imports: In 2018 the top importers of Central Heating Boilers were Germany ($1.12B), United Kingdom ($750M), France ($564M), Italy ($482M), and United States ($383M).
Tariffs: In 2018 the average tariff for Central Heating Boilers was 7.61%, been the 574 lowest tariff using the HS4 product classification.
The countries with the highest import tariffs for Central Heating Boilers are Bahamas (40.2%), Iran (31.3%), Bermuda (25%), Ecuador (23.2%), and Algeria (21.4%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Central Heating Boilers ranks 298th in the Product Complexity Index (PCI).
Trade By Country
Central Heating Boilers are the world's 413th most traded product.
In 2018, the top exporters of Central Heating Boilers were Germany ($1.55B), Italy ($1.07B), Slovakia ($761M), Turkey ($533M), and France ($478M).
In 2018, the top importers of Central Heating Boilers were Germany ($1.12B), United Kingdom ($750M), France ($564M), Italy ($482M), and United States ($383M).
Trade by country
Top Origin Growth (2017 - 2018): Slovakia, $185M
Top Destination Growth (2017 - 2018): Germany, $77.9M
Between 2017 and 2018, the exports of Central Heating Boilers grew the fastest in Slovakia ($185M), Italy ($91.6M), Austria ($70.6M), Poland ($65.2M), and Germany ($63.4M).
Between 2017 and 2018, the fastest growing importers of Central Heating Boilers were Germany ($77.9M), Slovakia ($77.6M), Turkey ($67.9M), Spain ($63.5M), and France ($59.4M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Central Heating Boilers.
In 2018, market concentration measured using Shannon Entropy, was 3.98. This means that most of the exports of Central Heating Boilers are explained by 15 countries.
TOP NET EXPORTER (2018): Italy, $584M
TOP NET IMPORTER (2018): United Kingdom, $551M
This map shows which countries export or import more of Central Heating Boilers. Each country is colored based on the difference in exports and imports of Central Heating Boilers during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Central Heating Boilers were Italy ($584M), Slovakia ($521M), Germany ($432M), Turkey ($298M), and Netherlands ($285M).
In 2018, the countries that had a largest trade value in imports than in exports of Central Heating Boilers were United Kingdom ($551M), United States ($287M), Spain ($266M), Russia ($260M), and Belgium-Luxembourg ($225M).
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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