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840619 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.1BRnk 2086 / 4648
2022
Top Exporter | Top Importer $229M | $163MJapan | Indonesia
2022
Product Complexity 0.3Rnk 2018 / 4653
2021 - 2022
Export Growth (CAGR) -29.1%Rnk 4443 / 4648
2022
Share of World Trade 0.0047%Rnk 2086 / 4648

About

Overview This page contains the latest trade data of Steam and vapour turbines nes. In 2022, Steam and vapour turbines nes were the world's 2086th most traded product, with a total trade of $1.1B. Between 2021 and 2022 the exports of Steam and vapour turbines nes decreased by -29.1%, from $1.56B to $1.1B. Trade in Steam and vapour turbines nes represent 0.0047% of total world trade.

Steam and vapour turbines nes are a part of Steam Turbines.

Exports In 2022 the top exporters of Steam and vapour turbines nes  were Japan ($229M), Germany ($218M), China ($204M), Czechia ($90.2M), and United States ($67.2M).

Imports In 2022 the top importers of Steam and vapour turbines nes were Indonesia ($163M), Thailand ($86.2M), Turkey ($77.9M), United States ($71.4M), and China ($59.1M).

Ranking Steam and vapour turbines nes ranks 2018th in the Product Complexity Index (PCI).

Description -

Latest Trends

Latest Data

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The following visualization shows the latest trends on Steam and vapour turbines nes. 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$229M
Top Destination (2022)Indonesia$163M

In 2022 Steam and vapour turbines nes were the world's 2086th most traded product (out of 4,648).

In 2022, the top exporters of Steam and vapour turbines nes were Japan ($229M), Germany ($218M), China ($204M), Czechia ($90.2M), and United States ($67.2M).

In 2022, the top importers of Steam and vapour turbines nes were Indonesia ($163M), Thailand ($86.2M), Turkey ($77.9M), United States ($71.4M), and China ($59.1M).

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Exporters of Steam and vapour turbines nes (2022)
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Importers of Steam and vapour turbines nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Germany$51.7M
Top Destination Growth (2021 -  2022)China$29.8M

Between 2021 and 2022, the exports of Steam and vapour turbines nes grew the fastest in Germany ($51.7M), Italy ($31.8M), Brazil ($14.4M), United States ($10.9M), and Spain ($9.45M).

Between 2021 and 2022, the fastest growing importers of Steam and vapour turbines nes were China ($29.8M), United States ($21.6M), Argentina ($19.6M), Chinese Taipei ($17.1M), and Hong Kong ($15.2M).

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Exporters of Steam and vapour turbines nes (2021 - 2022)

Importers of Steam and vapour turbines nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Steam and vapour turbines nes.

In 2022, market concentration measured using Shannon Entropy, was 3.45. This means that most of the exports of Steam and vapour turbines nes are explained by 10 countries.

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Value of Exports in Steam and vapour turbines nes

Net Trade

TOP NET EXPORTER (2022)Japan$206M
TOP NET IMPORTER (2022)Indonesia$163M

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

In 2022, the countries that had a largest trade value in exports than in imports of Steam and vapour turbines nes were Japan ($206M), Germany ($201M), China ($145M), Czechia ($87.4M), and Italy ($47.3M).

In 2022, the countries that had a largest trade value in imports than in exports of Steam and vapour turbines nes were Indonesia ($163M), Thailand ($85.4M), Turkey ($69.3M), South Korea ($32.8M), and Vietnam ($26.4M).

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

Top 10 Exporters Countries of Steam and vapour turbines nes 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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