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Other Vehicles Including Gas Turbine Powered

870390 (Harmonized System 1992 for 6-digit)

2023
World Trade $318BRnk 7 / 4644
2023
Top Exporter | Top Importer $67.9B | $45BGermany | United States
2023
Product Complexity 1.27Rnk 373 / 4656
2022 - 2023
Export Growth (CAGR) 41.5%Rnk 85 / 4644
2023
Share of World Trade 1.41%Rnk 7 / 4644

About

Overview This page contains the latest trade data of Other and Gas Turbine . In 2023, Other and Gas Turbine were the world's 7th most traded product, with a total trade of $318B. Between 2022 and 2023 the exports of Other and Gas Turbine grew by 41.5%, from $225B to $318B. Trade in Other and Gas Turbine represent 1.41% of total world trade.

Other and Gas Turbine are a part of Cars.

Exports In 2023 the top exporters of Other and Gas Turbine  were Germany ($67.9B), Japan ($40.5B), China ($36.1B), South Korea ($23.6B), and United States ($18.4B).

Imports In 2023 the top importers of Other and Gas Turbine were United States ($45B), Germany ($29.4B), United Kingdom ($26.3B), France ($20.7B), and Belgium ($18.9B).

Ranking Other and Gas Turbine ranks 373rd in the Product Complexity Index (PCI).

Description A gas turbine powered vehicle is typically used for military purposes, as well as for towing or for heavy lifting.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Other and Gas Turbine . 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)Germany$67.9B
Top Destination (2023)United States$45B

In 2023 Other and Gas Turbine were the world's 7th most traded product (out of 4,644).

In 2023, the top exporters of Other and Gas Turbine were Germany ($67.9B), Japan ($40.5B), China ($36.1B), South Korea ($23.6B), and United States ($18.4B).

In 2023, the top importers of Other and Gas Turbine were United States ($45B), Germany ($29.4B), United Kingdom ($26.3B), France ($20.7B), and Belgium ($18.9B).

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Exporters of Other and Gas Turbine (2023)
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Importers of Other and Gas Turbine (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$17.9B
Top Destination Growth (2022 -  2023)United States$19.1B

Between 2022 and 2023, the exports of Other and Gas Turbine grew the fastest in China ($17.9B), Germany ($16.8B), Japan ($15.9B), South Korea ($7.12B), and United Kingdom ($5.21B).

Between 2022 and 2023, the fastest growing importers of Other and Gas Turbine were United States ($19.1B), France ($7.75B), Italy ($6.86B), United Kingdom ($5.94B), and Belgium ($5.87B).

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Exporters of Other and Gas Turbine (2022 - 2023)

Importers of Other and Gas Turbine (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other and Gas Turbine .

In 2023, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Other and Gas Turbine are explained by 15 countries.

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Value of Exports in Other and Gas Turbine

Net Trade

TOP NET EXPORTER (2023)Germany$38.5B
TOP NET IMPORTER (2023)United States$26.6B

This map shows which countries export or import more of Other and Gas Turbine . Each country is colored based on the difference in exports and imports of Other and Gas Turbine during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other and Gas Turbine were Germany ($38.5B), Japan ($37.5B), China ($24.2B), South Korea ($19.1B), and Slovakia ($12.4B).

In 2023, the countries that had a largest trade value in imports than in exports of Other and Gas Turbine were United States ($26.6B), United Kingdom ($11.5B), Italy ($11.1B), France ($11B), and Australia ($7.07B).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Other and Gas Turbine .
It is possible to select the main countries that export or import Other and Gas Turbine in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Other and Gas Turbine 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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