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841011 (Harmonized System 1992 for 6-digit)

2023
World Trade $80.9MRnk 4158 / 4644
2023
Top Exporter | Top Importer $13.6M | $14.2MUnited States | United States
2023
Product Complexity 0.81Rnk 1098 / 4656
2022 - 2023
Export Growth (CAGR) 8.12%Rnk 791 / 4644
2023
Share of World Trade 0.00036%Rnk 4158 / 4644

About

Overview This page contains the latest trade data of Hydraulic turbines, water wheels, power < 1000 kW. In 2023, Hydraulic turbines, water wheels, power < 1000 kW were the world's 4158th most traded product, with a total trade of $80.9M. Between 2022 and 2023 the exports of Hydraulic turbines, water wheels, power < 1000 kW grew by 8.12%, from $74.8M to $80.9M. Trade in Hydraulic turbines, water wheels, power < 1000 kW represent 0.00036% of total world trade.

Hydraulic turbines, water wheels, power < 1000 kW are a part of Hydraulic Turbines.

Exports In 2023 the top exporters of Hydraulic turbines, water wheels, power < 1000 kW  were United States ($13.6M), Singapore ($12.7M), Austria ($8.95M), United Kingdom ($6.97M), and China ($6.2M).

Imports In 2023 the top importers of Hydraulic turbines, water wheels, power < 1000 kW were United States ($14.2M), United Kingdom ($6.1M), Somalia ($5.04M), Nigeria ($4.86M), and Italy ($4.13M).

Ranking Hydraulic turbines, water wheels, power < 1000 kW ranks 1098th in the Product Complexity Index (PCI).

Description Hydraulic turbines: Hydraulic turbines are used in power plants to generate power from the rotation of water. This type of turbine is usually found in dams with a large dam and reservoir to store water needed for hydroelectricity generation. Water wheels: Water wheels are a type of turbine that utilize the energy of flowing water to turn a water wheel. This type of turbine is usually found in rivers or streams.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Hydraulic turbines, water wheels, power < 1000 kW. 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 (2023)United States$13.6M
Top Destination (2023)United States$14.2M

In 2023 Hydraulic turbines, water wheels, power < 1000 kW were the world's 4158th most traded product (out of 4,644).

In 2023, the top exporters of Hydraulic turbines, water wheels, power < 1000 kW were United States ($13.6M), Singapore ($12.7M), Austria ($8.95M), United Kingdom ($6.97M), and China ($6.2M).

In 2023, the top importers of Hydraulic turbines, water wheels, power < 1000 kW were United States ($14.2M), United Kingdom ($6.1M), Somalia ($5.04M), Nigeria ($4.86M), and Italy ($4.13M).

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Exporters of Hydraulic turbines, water wheels, power < 1000 kW (2023)
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Importers of Hydraulic turbines, water wheels, power < 1000 kW (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Singapore$11.5M
Top Destination Growth (2022 -  2023)Somalia$5.04M

Between 2022 and 2023, the exports of Hydraulic turbines, water wheels, power < 1000 kW grew the fastest in Singapore ($11.5M), United States ($4.18M), Austria ($4.02M), Spain ($3.32M), and United Kingdom ($2.21M).

Between 2022 and 2023, the fastest growing importers of Hydraulic turbines, water wheels, power < 1000 kW were Somalia ($5.04M), Nigeria ($4.83M), Philippines ($2.6M), Denmark ($1.95M), and Uzbekistan ($1.94M).

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Exporters of Hydraulic turbines, water wheels, power < 1000 kW (2022 - 2023)

Importers of Hydraulic turbines, water wheels, power < 1000 kW (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Hydraulic turbines, water wheels, power < 1000 kW.

In 2023, market concentration measured using Shannon Entropy, was 4. This means that most of the exports of Hydraulic turbines, water wheels, power < 1000 kW are explained by 16 countries.

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Value of Exports in Hydraulic turbines, water wheels, power < 1000 kW

Net Trade

TOP NET EXPORTER (2023)Singapore$12.7M
TOP NET IMPORTER (2023)Japan$3.51M

This map shows which countries export or import more of Hydraulic turbines, water wheels, power < 1000 kW. Each country is colored based on the difference in exports and imports of Hydraulic turbines, water wheels, power < 1000 kW during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Hydraulic turbines, water wheels, power < 1000 kW were Singapore ($12.7M), Austria ($8.04M), China ($5.86M), Spain ($3.28M), and India ($3.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Hydraulic turbines, water wheels, power < 1000 kW were Japan ($3.51M), Denmark ($2.75M), Indonesia ($2.07M), Australia ($1.85M), and Poland ($1.82M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Hydraulic turbines, water wheels, power < 1000 kW.
It is possible to select the main countries that export or import Hydraulic turbines, water wheels, power < 1000 kW in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Hydraulic turbines, water wheels, power < 1000 kW 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 (2023)

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