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840610 (Harmonized System 1996 for 6-digit)

2022
World Trade $18.7MRnk 4609 / 4769
2022
Top Exporter | Top Importer $4.85M | $5.94MPoland | United States
2022
Product Complexity 1.03Rnk 757 / 4776
2021 - 2022
Export Growth (CAGR) -25.3%Rnk 4528 / 4769
2022
Share of World Trade <0.01%Rnk 4609 / 4769

About

Overview This page contains the latest trade data of Marine Steam Turbines. In 2022, Marine Steam Turbines were the world's 4609th most traded product, with a total trade of $18.7M. Between 2021 and 2022 the exports of Marine Steam Turbines decreased by -25.3%, from $25M to $18.7M. Trade in Marine Steam Turbines represent 0.000079% of total world trade.

Marine Steam Turbines are a part of Turbines; steam and other vapour turbines.

Exports In 2022 the top exporters of Marine Steam Turbines  were Poland ($4.85M), Japan ($3.52M), United Kingdom ($2.06M), Italy ($1.31M), and Finland ($719k).

Imports In 2022 the top importers of Marine Steam Turbines were United States ($5.94M), Kuwait ($1.73M), Ethiopia ($1.66M), Finland ($808k), and South Africa ($789k).

Ranking Marine Steam Turbines ranks 757th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Marine Steam Turbines. 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)Poland$4.85M
Top Destination (2022)United States$5.94M

In 2022 Marine Steam Turbines were the world's 4609th most traded product (out of 4,769).

In 2022, the top exporters of Marine Steam Turbines were Poland ($4.85M), Japan ($3.52M), United Kingdom ($2.06M), Italy ($1.31M), and Finland ($719k).

In 2022, the top importers of Marine Steam Turbines were United States ($5.94M), Kuwait ($1.73M), Ethiopia ($1.66M), Finland ($808k), and South Africa ($789k).

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Exporters of Marine Steam Turbines (2022)
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Importers of Marine Steam Turbines (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Poland$4.83M
Top Destination Growth (2021 -  2022)Kuwait$1.69M

Between 2021 and 2022, the exports of Marine Steam Turbines grew the fastest in Poland ($4.83M), Japan ($3.45M), Finland ($713k), Thailand ($515k), and Slovenia ($513k).

Between 2021 and 2022, the fastest growing importers of Marine Steam Turbines were Kuwait ($1.69M), Ethiopia ($1.66M), Finland ($808k), South Africa ($788k), and Japan ($581k).

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Exporters of Marine Steam Turbines (2021 - 2022)

Importers of Marine Steam Turbines (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Marine Steam Turbines.

In 2022, market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Marine Steam Turbines are explained by 12 countries.

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Value of Exports in Marine Steam Turbines

Net Trade

TOP NET EXPORTER (2022)Poland$4.72M
TOP NET IMPORTER (2022)United States$5.42M

This map shows which countries export or import more of Marine Steam Turbines. Each country is colored based on the difference in exports and imports of Marine Steam Turbines during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Marine Steam Turbines were Poland ($4.72M), Japan ($2.92M), United Kingdom ($1.47M), Italy ($711k), and Slovenia ($585k).

In 2022, the countries that had a largest trade value in imports than in exports of Marine Steam Turbines were United States ($5.42M), South Africa ($748k), Spain ($706k), Singapore ($305k), and Norway ($265k).

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 Marine Steam Turbines.
It is possible to select the main countries that export or import Marine Steam Turbines in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Marine Steam Turbines 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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