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840682 (Harmonized System 1996 for 6-digit)

2023
World Trade $412MRnk 3116 / 4766
2023
Top Exporter | Top Importer $91.1M | $35.4MChina | Indonesia
2023
Product Complexity 0.04Rnk 2564 / 4780
2022 - 2023
Export Growth (CAGR) -18.6%Rnk 3684 / 4766
2023
Share of World Trade 0.0018%Rnk 3116 / 4766

About

Overview This page contains the latest trade data of Small Steam Turbines for Non-Marine Use (Below 40MW). In 2023, Small Steam Turbines for Non-Marine Use (Below 40MW) were the world's 3116th most traded product, with a total trade of $412M. Between 2022 and 2023 the exports of Small Steam Turbines for Non-Marine Use (Below 40MW) decreased by -18.6%, from $506M to $412M. Trade in Small Steam Turbines for Non-Marine Use (Below 40MW) represent 0.0018% of total world trade.

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

Exports In 2023 the top exporters of Small Steam Turbines for Non-Marine Use (Below 40MW)  were China ($91.1M), India ($59.3M), Czechia ($51.6M), Japan ($38.9M), and Germany ($33.5M).

Imports In 2023 the top importers of Small Steam Turbines for Non-Marine Use (Below 40MW) were Indonesia ($35.4M), United States ($34.3M), Thailand ($26.4M), Turkey ($22.8M), and South Korea ($22.7M).

Ranking Small Steam Turbines for Non-Marine Use (Below 40MW) ranks 2564th 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 Small Steam Turbines for Non-Marine Use (Below 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.

Explore Latest Trends

* 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)China$91.1M
Top Destination (2023)Indonesia$35.4M

In 2023 Small Steam Turbines for Non-Marine Use (Below 40MW) were the world's 3116th most traded product (out of 4,766).

In 2023, the top exporters of Small Steam Turbines for Non-Marine Use (Below 40MW) were China ($91.1M), India ($59.3M), Czechia ($51.6M), Japan ($38.9M), and Germany ($33.5M).

In 2023, the top importers of Small Steam Turbines for Non-Marine Use (Below 40MW) were Indonesia ($35.4M), United States ($34.3M), Thailand ($26.4M), Turkey ($22.8M), and South Korea ($22.7M).

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Exporters of Small Steam Turbines for Non-Marine Use (Below 40MW) (2023)
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Importers of Small Steam Turbines for Non-Marine Use (Below 40MW) (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$16.8M
Top Destination Growth (2022 -  2023)United States$13.4M

Between 2022 and 2023, the exports of Small Steam Turbines for Non-Marine Use (Below 40MW) grew the fastest in China ($16.8M), United Kingdom ($16.7M), Brazil ($14.7M), Israel ($7.05M), and Poland ($5.97M).

Between 2022 and 2023, the fastest growing importers of Small Steam Turbines for Non-Marine Use (Below 40MW) were United States ($13.4M), Chinese Taipei ($11.2M), Panama ($9.64M), United Arab Emirates ($9.46M), and Saudi Arabia ($8.58M).

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Exporters of Small Steam Turbines for Non-Marine Use (Below 40MW) (2022 - 2023)

Importers of Small Steam Turbines for Non-Marine Use (Below 40MW) (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Small Steam Turbines for Non-Marine Use (Below 40MW) are explained by 11 countries.

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Value of Exports in Small Steam Turbines for Non-Marine Use (Below 40MW)

Net Trade

TOP NET EXPORTER (2023)China$82.7M
TOP NET IMPORTER (2023)Indonesia$35.1M

This map shows which countries export or import more of Small Steam Turbines for Non-Marine Use (Below 40MW). Each country is colored based on the difference in exports and imports of Small Steam Turbines for Non-Marine Use (Below 40MW) during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Small Steam Turbines for Non-Marine Use (Below 40MW) were China ($82.7M), Czechia ($51.6M), India ($48.7M), Japan ($32.8M), and Brazil ($29.9M).

In 2023, the countries that had a largest trade value in imports than in exports of Small Steam Turbines for Non-Marine Use (Below 40MW) were Indonesia ($35.1M), Thailand ($24.8M), South Korea ($22.7M), Turkey ($22.6M), and United States ($21M).

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 Small Steam Turbines for Non-Marine Use (Below 40MW).
It is possible to select the main countries that export or import Small Steam Turbines for Non-Marine Use (Below 40MW) in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Small Steam Turbines for Non-Marine Use (Below 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 (2023)

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