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2022
Exports $225MWorld Rnk 1 / 116
Flag Rnk 740 / 1216
2022
Destination $13.5M Tanzania
2021 - 2022
FASTEST GROWING MARKET $13.5MCameroon
2022
PRODUCT COMPLEXITY IN Hydraulic Turbines-0.028Rnk 553 / 1025
2022
Imports $7.4MWorld Rnk 38 / 195
Flag Rnk 1035 / 1212
2022
Origin $2.46M Italy
2021 - 2022
FASTEST GROWING ORIGIN $2.46MItaly
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $225M in Hydraulic Turbines, making it the 1st largest exporter of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 740th most exported product in China. The main destination of Hydraulic Turbines exports from China are: Tanzania ($24.2M), Vietnam ($22.8M), Cameroon ($21M), Pakistan ($14.4M), and Nepal ($13.5M).

The fastest growing export markets for Hydraulic Turbines of China between 2021 and 2022 were Cameroon ($13.5M), Tanzania ($13.2M), and Uzbekistan ($9.39M).

Imports In 2022, China imported $7.4M in Hydraulic Turbines, becoming the 38th largest importer of Hydraulic Turbines in the world. At the same year, Hydraulic Turbines was the 1035th most imported product in China. China imports Hydraulic Turbines primarily from: Italy ($2.49M), Hong Kong ($2.44M), Slovenia ($444k), United States ($305k), and Sweden ($255k).

The fastest growing import markets in Hydraulic Turbines for China between 2021 and 2022 were Italy ($2.46M), Slovenia ($444k), and Singapore ($211k).

COMPANIES In 2023, leading companies such as Danfoss (93), General Motors (76), and Robert Bosch (34) were at the forefront of shipping Hydraulic Turbines from China to the United States.

Latest Trends

October 2024

About

Overview In October 2024 China's Hydraulic Turbines exports accounted up to $32.2M and imports accounted up to $449k, resulting in a positive trade balance of $31.7M. Between October 2023 and October 2024 the exports of China's   Hydraulic Turbines have increased by $10.7M (50.1%) from $21.4M to $32.2M, while imports increased by $391k (675%) from $57.9k to $449k.

Destinations In October 2024, Hydraulic Turbines were exported mostly to Ethiopia ($8.69M), Nigeria ($3.91M), Pakistan ($3.16M), Indonesia ($2.68M), and Mexico ($2.39M), and were imported mostly from Netherlands ($261k), Sweden ($170k), Japan ($15.3k), and United States ($2.02k).

Growth In October 2024, the increase in Hydraulic Turbines's year-by-year exports was explained primarily by an increase in exports to Tanzania ($2.13M or 229%), Turkey ($806k or 4.3k%), and New Zealand ($591k or 1.5k%). In October 2024, the increase in Hydraulic Turbines's year-by-year imports was explained primarily by an increase in imports from .

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$10.7M(50.1%)
IMPORT GROWTH (September 2023 - October 2024)$391k(675%)
MAIN EXPORTER (October 2024)Shanghai Province$9.74M
MAIN DESTINATION (October 2024)Ethiopia$8.69M

This section shows Hydraulic Turbines's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Hydraulic Turbines over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$225M
IMPORTS (2022)$7.4M
NET TRADE (2022)$217M

In 2022, China exported $225M in Hydraulic Turbines. The main destinations of China exports on Hydraulic Turbines were Tanzania ($24.2M), Vietnam ($22.8M), Cameroon ($21M), Pakistan ($14.4M), and Nepal ($13.5M).

In 2022, China imported $7.4M in Hydraulic Turbines, mainly from Italy ($2.49M), Hong Kong ($2.44M), Slovenia ($444k), United States ($305k), and Sweden ($255k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydraulic Turbines EXPORT MARKETS FOR China WERE (2021 - 2022):
Cameroon$13.5M (178%)
Tanzania$13.2M (119%)
Uzbekistan$9.39M (334%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydraulic Turbines BY China WERE (2021 - 2022):
Pakistan-$93M (-86.6%)
Russia-$11.9M (-66.2%)
Tajikistan-$10.8M (-93%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Hydraulic Turbines were:
Austria $127M
Germany $88.9M
In 2022, China's main importing competitors in Hydraulic Turbines were:
Russia $65.9M
United States $58.5M
Vietnam $53.8M

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Trade Value of Hydraulic Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $4.22M
TOP IMPORT POTENTIALIndia+ $363k

Hydraulic Turbines’s highest export potential is Russia. With an export gap of $4.22M.   Hydraulic Turbines’s highest import potential is India with an import gap of $363k.

See methodology.

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