840681 (Harmonized System 1996 for 6-digit)

About

Overview This page contains the latest trade data of Large Steam Turbines for Non-Marine Use (Above 40MW). In 2022, Large Steam Turbines for Non-Marine Use (Above 40MW) were the world's 2619th most traded product, with a total trade of $716M. Between 2021 and 2022 the exports of Large Steam Turbines for Non-Marine Use (Above 40MW) decreased by -33.3%, from $1.07B to $716M. Trade in Large Steam Turbines for Non-Marine Use (Above 40MW) represent 0.003% of total world trade.

Large Steam Turbines for Non-Marine Use (Above 40MW) are a part of Turbines; steam and other vapour turbines.

Exports In 2022 the top exporters of Large Steam Turbines for Non-Marine Use (Above 40MW)  were Japan ($251M), Germany ($144M), China ($135M), Czechia ($45.5M), and France ($25M).

Imports In 2022 the top importers of Large Steam Turbines for Non-Marine Use (Above 40MW) were Indonesia ($111M), Vietnam ($109M), Thailand ($63.2M), United States ($53.3M), and Turkey ($48.3M).

Ranking Large Steam Turbines for Non-Marine Use (Above 40MW) ranks 442nd in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Large Steam Turbines for Non-Marine Use (Above 40MW). 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)Japan$251M
Top Destination (2022)Indonesia$111M

In 2022 Large Steam Turbines for Non-Marine Use (Above 40MW) were the world's 2619th most traded product (out of 4,769).

In 2022, the top exporters of Large Steam Turbines for Non-Marine Use (Above 40MW) were Japan ($251M), Germany ($144M), China ($135M), Czechia ($45.5M), and France ($25M).

In 2022, the top importers of Large Steam Turbines for Non-Marine Use (Above 40MW) were Indonesia ($111M), Vietnam ($109M), Thailand ($63.2M), United States ($53.3M), and Turkey ($48.3M).

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Exporters of Large Steam Turbines for Non-Marine Use (Above 40MW) (2022)
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Importers of Large Steam Turbines for Non-Marine Use (Above 40MW) (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$72.7M
Top Destination Growth (2021 -  2022)Vietnam$94.8M

Between 2021 and 2022, the exports of Large Steam Turbines for Non-Marine Use (Above 40MW) grew the fastest in Japan ($72.7M), Germany ($37.4M), Brazil ($19.9M), Italy ($9.36M), and Poland ($5.64M).

Between 2021 and 2022, the fastest growing importers of Large Steam Turbines for Non-Marine Use (Above 40MW) were Vietnam ($94.8M), China ($40.6M), Indonesia ($24.9M), United States ($23.2M), and Argentina ($20.7M).

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Exporters of Large Steam Turbines for Non-Marine Use (Above 40MW) (2021 - 2022)

Importers of Large Steam Turbines for Non-Marine Use (Above 40MW) (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Large Steam Turbines for Non-Marine Use (Above 40MW).

In 2022, market concentration measured using Shannon Entropy, was 2.85. This means that most of the exports of Large Steam Turbines for Non-Marine Use (Above 40MW) are explained by 7 countries.

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Value of Exports in Large Steam Turbines for Non-Marine Use (Above 40MW)

Net Trade

TOP NET EXPORTER (2022)Japan$234M
TOP NET IMPORTER (2022)Vietnam$107M

This map shows which countries export or import more of Large Steam Turbines for Non-Marine Use (Above 40MW). Each country is colored based on the difference in exports and imports of Large Steam Turbines for Non-Marine Use (Above 40MW) during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Large Steam Turbines for Non-Marine Use (Above 40MW) were Japan ($234M), Germany ($143M), China ($91.9M), Czechia ($44.8M), and Italy ($24.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Large Steam Turbines for Non-Marine Use (Above 40MW) were Vietnam ($107M), Thailand ($63.2M), United States ($45.1M), Turkey ($43.4M), and India ($24.7M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Large Steam Turbines for Non-Marine Use (Above 40MW).
It is possible to select the main countries that export or import Large Steam Turbines for Non-Marine Use (Above 40MW) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Large Steam Turbines for Non-Marine Use (Above 40MW) 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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