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840420 (Harmonized System 1992 for 6-digit)

2022
World Trade $208MRnk 3690 / 4648
2022
Top Exporter | Top Importer $87.7M | $45MChina | Indonesia
2022
Product Complexity 0.79Rnk 1119 / 4653
2021 - 2022
Export Growth (CAGR) -10.3%Rnk 3966 / 4648
2022
Share of World Trade 0.00088%Rnk 3690 / 4648

About

Overview This page contains the latest trade data of Condensers for steam or vapour power units. In 2022, Condensers for steam or vapour power units were the world's 3690th most traded product, with a total trade of $208M. Between 2021 and 2022 the exports of Condensers for steam or vapour power units decreased by -10.3%, from $231M to $208M. Trade in Condensers for steam or vapour power units represent 0.00088% of total world trade.

Condensers for steam or vapour power units are a part of Boiler Plants.

Exports In 2022 the top exporters of Condensers for steam or vapour power units  were China ($87.7M), South Korea ($32.1M), United States ($12.8M), India ($11.9M), and Japan ($8.39M).

Imports In 2022 the top importers of Condensers for steam or vapour power units were Indonesia ($45M), United States ($28.1M), Chinese Taipei ($17.5M), Thailand ($15.6M), and Mexico ($8.11M).

Ranking Condensers for steam or vapour power units ranks 1119th in the Product Complexity Index (PCI).

Description Condensers are used to create a vacuum to condense steam.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Condensers for steam or vapour power units. 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 (2022)China$87.7M
Top Destination (2022)Indonesia$45M

In 2022 Condensers for steam or vapour power units were the world's 3690th most traded product (out of 4,648).

In 2022, the top exporters of Condensers for steam or vapour power units were China ($87.7M), South Korea ($32.1M), United States ($12.8M), India ($11.9M), and Japan ($8.39M).

In 2022, the top importers of Condensers for steam or vapour power units were Indonesia ($45M), United States ($28.1M), Chinese Taipei ($17.5M), Thailand ($15.6M), and Mexico ($8.11M).

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Exporters of Condensers for steam or vapour power units (2022)
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Importers of Condensers for steam or vapour power units (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Canada$5.93M
Top Destination Growth (2021 -  2022)Thailand$8.25M

Between 2021 and 2022, the exports of Condensers for steam or vapour power units grew the fastest in Canada ($5.93M), India ($5.7M), Vietnam ($3.4M), Japan ($2.8M), and South Korea ($2.74M).

Between 2021 and 2022, the fastest growing importers of Condensers for steam or vapour power units were Thailand ($8.25M), United States ($7.43M), Chinese Taipei ($6.66M), Kenya ($6.55M), and New Zealand ($5.72M).

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Exporters of Condensers for steam or vapour power units (2021 - 2022)

Importers of Condensers for steam or vapour power units (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Condensers for steam or vapour power units.

In 2022, market concentration measured using Shannon Entropy, was 3.24. This means that most of the exports of Condensers for steam or vapour power units are explained by 9 countries.

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Value of Exports in Condensers for steam or vapour power units

Net Trade

TOP NET EXPORTER (2022)China$86.3M
TOP NET IMPORTER (2022)Indonesia$43M

This map shows which countries export or import more of Condensers for steam or vapour power units. Each country is colored based on the difference in exports and imports of Condensers for steam or vapour power units during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Condensers for steam or vapour power units were China ($86.3M), South Korea ($29.7M), India ($9.51M), Italy ($7.6M), and Germany ($6.07M).

In 2022, the countries that had a largest trade value in imports than in exports of Condensers for steam or vapour power units were Indonesia ($43M), United States ($15.3M), Thailand ($15.1M), Chinese Taipei ($14.6M), and Kenya ($6.65M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Condensers for steam or vapour power units.
It is possible to select the main countries that export or import Condensers for steam or vapour power units in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Condensers for steam or vapour power units 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 (2022)

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