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841090 (Harmonized System 1992 for 6-digit)

2022
World Trade $683MRnk 2612 / 4648
2022
Top Exporter | Top Importer $165M | $64MChina | Russia
2022
Product Complexity 0.081Rnk 2408 / 4653
2021 - 2022
Export Growth (CAGR) -8.21%Rnk 3836 / 4648
2022
Share of World Trade 0.0029%Rnk 2612 / 4648

About

Overview This page contains the latest trade data of Parts of hydraulic turbines and water wheels. In 2022, Parts of hydraulic turbines and water wheels were the world's 2612th most traded product, with a total trade of $683M. Between 2021 and 2022 the exports of Parts of hydraulic turbines and water wheels decreased by -8.21%, from $744M to $683M. Trade in Parts of hydraulic turbines and water wheels represent 0.0029% of total world trade.

Parts of hydraulic turbines and water wheels are a part of Hydraulic Turbines.

Exports In 2022 the top exporters of Parts of hydraulic turbines and water wheels  were China ($165M), Austria ($110M), Italy ($50.4M), India ($44.2M), and Germany ($43.4M).

Imports In 2022 the top importers of Parts of hydraulic turbines and water wheels were Russia ($64M), United States ($44.3M), Austria ($33M), Germany ($29.4M), and Canada ($29.3M).

Ranking Parts of hydraulic turbines and water wheels ranks 2408th in the Product Complexity Index (PCI).

Description Hydraulic turbines are mainly used to generate electricity through a process called hydroelectric power. Water is pushed through the turbines, which spin, and the rotation of the turbines is converted to energy, which is then used to produce electricity. Water wheels are used to generate power through the use of kinetic energy. They are usually used in smaller, more isolated communities.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of hydraulic turbines and water wheels. 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$165M
Top Destination (2022)Russia$64M

In 2022 Parts of hydraulic turbines and water wheels were the world's 2612th most traded product (out of 4,648).

In 2022, the top exporters of Parts of hydraulic turbines and water wheels were China ($165M), Austria ($110M), Italy ($50.4M), India ($44.2M), and Germany ($43.4M).

In 2022, the top importers of Parts of hydraulic turbines and water wheels were Russia ($64M), United States ($44.3M), Austria ($33M), Germany ($29.4M), and Canada ($29.3M).

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Exporters of Parts of hydraulic turbines and water wheels (2022)
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Importers of Parts of hydraulic turbines and water wheels (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Austria$10.6M
Top Destination Growth (2021 -  2022)United States$21.2M

Between 2021 and 2022, the exports of Parts of hydraulic turbines and water wheels grew the fastest in Austria ($10.6M), Germany ($10.1M), Canada ($7.77M), United Arab Emirates ($4.9M), and Japan ($3.54M).

Between 2021 and 2022, the fastest growing importers of Parts of hydraulic turbines and water wheels were United States ($21.2M), Cameroon ($13M), Peru ($10.8M), Tanzania ($9.02M), and Hungary ($7.81M).

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Exporters of Parts of hydraulic turbines and water wheels (2021 - 2022)

Importers of Parts of hydraulic turbines and water wheels (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of hydraulic turbines and water wheels.

In 2022, market concentration measured using Shannon Entropy, was 4.04. This means that most of the exports of Parts of hydraulic turbines and water wheels are explained by 16 countries.

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Value of Exports in Parts of hydraulic turbines and water wheels

Net Trade

TOP NET EXPORTER (2022)China$160M
TOP NET IMPORTER (2022)Russia$52.2M

This map shows which countries export or import more of Parts of hydraulic turbines and water wheels. Each country is colored based on the difference in exports and imports of Parts of hydraulic turbines and water wheels during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Parts of hydraulic turbines and water wheels were China ($160M), Austria ($77.3M), Italy ($37M), India ($36.6M), and Czechia ($24.7M).

In 2022, the countries that had a largest trade value in imports than in exports of Parts of hydraulic turbines and water wheels were Russia ($52.2M), United States ($28.5M), Nepal ($26.2M), Vietnam ($24.2M), and Norway ($18.8M).

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 Parts of hydraulic turbines and water wheels.
It is possible to select the main countries that export or import Parts of hydraulic turbines and water wheels in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Parts of hydraulic turbines and water wheels 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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