Parts of steam or vapour generating boilers nes840290 (Harmonized System 1992 for 6-digit)
World Trade (2018): $2.96B, Rnk 1019 / 4726
Top Exporter (2018): $831M, China
Top Importer (2018): $523M, Indonesia
Product Complexity (2018): 0.41, Rnk 1085 / 2722
Export Growth (CAGR)(2017 - 2018): 41.2%, Rnk 477 / 4726
Mean Tariff (2018): 4.41%, Rnk 4599 / 6538
Share of World Trade (2018): 0.016%, Rnk 1019 / 4726
Overview: This page contains the latest trade data of Parts of steam or vapour generating boilers nes. In 2018, Parts of steam or vapour generating boilers nes were the world's 1019th most traded product, with a total trade of $2.96B. Between 2017 and 2018 the exports of Parts of steam or vapour generating boilers nes grew by 41.2%, from $2.1B to $2.96B. Trade in Parts of steam or vapour generating boilers nes represent 0.016% of total world trade.
Exports: In 2018 the top exporters of Parts of steam or vapour generating boilers nes were China ($831M), South Korea ($513M), Japan ($282M), Germany ($216M), and India ($204M).
Imports: In 2018 the top importers of Parts of steam or vapour generating boilers nes were Indonesia ($523M), Japan ($194M), United States ($164M), Bangladesh ($128M), and Vietnam ($125M).
Tariffs: In 2018 the average tariff for Parts of steam or vapour generating boilers nes was 4.41%, been the 4599 lowest tariff using the HS6 product classification.
The countries with the highest import tariffs for Parts of steam or vapour generating boilers nes are Bahamas (40.2%), Bermuda (25%), Ecuador (22.7%), Maldives (19.6%), and Cambodia (15%). The countries with the lowest tariffs are Angola (0%), Kenya (0%), Mauritius (0%), Rwanda (0%), and Tanzania (0%).
Ranking: Parts of steam or vapour generating boilers nes ranks 1085th in the Product Complexity Index (PCI).
Trade By Country
Parts of steam or vapour generating boilers nes are the world's 1019th most traded product.
In 2018, the top exporters of Parts of steam or vapour generating boilers nes were China ($831M), South Korea ($513M), Japan ($282M), Germany ($216M), and India ($204M).
In 2018, the top importers of Parts of steam or vapour generating boilers nes were Indonesia ($523M), Japan ($194M), United States ($164M), Bangladesh ($128M), and Vietnam ($125M).
Trade by country
Between 2017 and 2018, the exports of Parts of steam or vapour generating boilers nes grew the fastest in China ($289M), Japan ($127M), India ($118M), Germany ($99.2M), and Denmark ($57.6M).
Between 2017 and 2018, the fastest growing importers of Parts of steam or vapour generating boilers nes were Indonesia ($422M), United States ($164M), Bangladesh ($101M), Jordan ($70.6M), and Greece ($68.7M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Parts of steam or vapour generating boilers nes.
In 2018, market concentration measured using Shannon Entropy, was 3.81. This means that most of the exports of Parts of steam or vapour generating boilers nes are explained by 13 countries.
This map shows which countries export or import more of Parts of steam or vapour generating boilers nes. Each country is colored based on the difference in exports and imports of Parts of steam or vapour generating boilers nes during 2018.
In 2018, the countries that had a largest trade value in exports than in imports of Parts of steam or vapour generating boilers nes were China ($726M), South Korea ($452M), Germany ($179M), India ($153M), and Italy ($104M).
In 2018, the countries that had a largest trade value in imports than in exports of Parts of steam or vapour generating boilers nes were Indonesia ($512M), Greece ($108M), Vietnam ($90.2M), Saudi Arabia ($87.9M), and United States ($82.9M).
In 2018, the average tariff for importing Parts of steam or vapour generating boilers nes was 4.41%. The countries with the highest tariffs for importing Parts of steam or vapour generating boilers nes were Bahamas (40.2%), Bermuda (25%), Ecuador (22.7%), Maldives (19.6%), and Cambodia (15%).
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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