2022
Exports
$196MWorld Rnk 6 / 147
Flag Rnk 313 / 1212
2022
PRODUCT COMPLEXITY IN Steam Boilers
0.25Rnk 469 / 1025
2022
Imports
$55.7MWorld Rnk 22 / 208
Flag Rnk 583 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $196M in Steam Boilers, making it the 6th largest exporter of Steam Boilers in the world. At the same year, Steam Boilers was the 313th most exported product in India. The main destination of Steam Boilers exports from India are: Mexico ($37.5M), Nigeria ($16.6M), Bangladesh ($15.4M), Thailand ($11M), and Tanzania ($10.6M).

The fastest growing export markets for Steam Boilers of India between 2021 and 2022 were Mexico ($37.4M), Morocco ($7.23M), and Vietnam ($5.63M).

Imports In 2022, India imported $55.7M in Steam Boilers, becoming the 22nd largest importer of Steam Boilers in the world. At the same year, Steam Boilers was the 583rd most imported product in India. India imports Steam Boilers primarily from: China ($41.2M), Japan ($2.96M), South Korea ($2.6M), Italy ($2.3M), and Thailand ($1.25M).

The fastest growing import markets in Steam Boilers for India between 2021 and 2022 were China ($5.29M), Italy ($2.08M), and South Korea ($1.43M).

COMPANIES In 2023, leading companies such as Cummins (19), Volvo (16), and SMP Automotive (1) were at the forefront of shipping Steam Boilers from India to the United States.

Latest Trends

Sep 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Steam Boilers. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$196M
IMPORTS (2022)$55.7M
NET TRADE (2022)$140M

In 2022, India exported $196M in Steam Boilers. The main destinations of India exports on Steam Boilers were Mexico ($37.5M), Nigeria ($16.6M), Bangladesh ($15.4M), Thailand ($11M), and Tanzania ($10.6M).

In 2022, India imported $55.7M in Steam Boilers, mainly from China ($41.2M), Japan ($2.96M), South Korea ($2.6M), Italy ($2.3M), and Thailand ($1.25M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Boilers EXPORT MARKETS FOR India WERE (2021 - 2022):
Mexico$37.4M (33.2k%)
Morocco$7.23M (3.91k%)
Vietnam$5.63M (657%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Boilers BY India WERE (2021 - 2022):
Japan-$16.6M (-77.3%)
Australia-$7.2M (-95.4%)
Nigeria-$5.16M (-23.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Steam Boilers were:
In 2022, India's main importing competitors in Steam Boilers were:

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Trade Value of Steam Boilers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $10.4M
TOP IMPORT POTENTIALChina+ $19.1M

Steam Boilers’s highest export potential is Bangladesh. With an export gap of $10.4M.   Steam Boilers’s highest import potential is China with an import gap of $19.1M.

See methodology.

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