840212 (Harmonized System 1992 for 6-digit)

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Overview This page contains the latest trade data of Water tube boilers, steam production < 45T per hour. In 2023, Water tube boilers, steam production < 45T per hour were the world's 3089th most traded product, with a total trade of $389M. Between 2022 and 2023 the exports of Water tube boilers, steam production < 45T per hour grew by 14.7%, from $339M to $389M. Trade in Water tube boilers, steam production < 45T per hour represent 0.0017% of total world trade.

Water tube boilers, steam production < 45T per hour are a part of Steam Boilers.

Exports In 2023 the top exporters of Water tube boilers, steam production < 45T per hour  were China ($139M), India ($40.5M), Malaysia ($40.1M), United States ($25.4M), and Germany ($24M).

Imports In 2023 the top importers of Water tube boilers, steam production < 45T per hour were Indonesia ($60.3M), South Korea ($25.1M), Vietnam ($15.7M), United Arab Emirates ($14.1M), and United States ($11.7M).

Ranking Water tube boilers, steam production < 45T per hour ranks 2890th in the Product Complexity Index (PCI).

Description Water tube boilers are a type of boiler typically used in residential, commercial, and industrial applications. They use water tubes to draw heat from the firebox and transfer it to the water that is in the water tubes and the boiler. The heat from the firebox and the boiler transfers to the water, which boils and creates water vapor. The vapor is pulled through the boiler, and is transferred to the steam drum. The steam is collected and sent to the steam turbine, which creates electricity.

Latest Data

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The following visualization shows the latest trends on Water tube boilers, steam production < 45T per hour. 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)China$139M
Top Destination (2023)Indonesia$60.3M

In 2023 Water tube boilers, steam production < 45T per hour were the world's 3089th most traded product (out of 4,644).

In 2023, the top exporters of Water tube boilers, steam production < 45T per hour were China ($139M), India ($40.5M), Malaysia ($40.1M), United States ($25.4M), and Germany ($24M).

In 2023, the top importers of Water tube boilers, steam production < 45T per hour were Indonesia ($60.3M), South Korea ($25.1M), Vietnam ($15.7M), United Arab Emirates ($14.1M), and United States ($11.7M).

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Exporters of Water tube boilers, steam production < 45T per hour (2023)
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Importers of Water tube boilers, steam production < 45T per hour (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$61.3M
Top Destination Growth (2022 -  2023)South Korea$21.2M

Between 2022 and 2023, the exports of Water tube boilers, steam production < 45T per hour grew the fastest in China ($61.3M), Germany ($9.02M), Serbia ($6.4M), Turkey ($6.33M), and Sweden ($4.89M).

Between 2022 and 2023, the fastest growing importers of Water tube boilers, steam production < 45T per hour were South Korea ($21.2M), Indonesia ($20.2M), United Arab Emirates ($10.5M), Mexico ($9.29M), and Romania ($7.82M).

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Exporters of Water tube boilers, steam production < 45T per hour (2022 - 2023)

Importers of Water tube boilers, steam production < 45T per hour (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Water tube boilers, steam production < 45T per hour.

In 2023, market concentration measured using Shannon Entropy, was 3.62. This means that most of the exports of Water tube boilers, steam production < 45T per hour are explained by 12 countries.

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Value of Exports in Water tube boilers, steam production < 45T per hour

Net Trade

TOP NET EXPORTER (2023)China$135M
TOP NET IMPORTER (2023)Indonesia$57.6M

This map shows which countries export or import more of Water tube boilers, steam production < 45T per hour. Each country is colored based on the difference in exports and imports of Water tube boilers, steam production < 45T per hour during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Water tube boilers, steam production < 45T per hour were China ($135M), Malaysia ($31.1M), India ($30M), Italy ($20.6M), and Germany ($19.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Water tube boilers, steam production < 45T per hour were Indonesia ($57.6M), South Korea ($21M), Vietnam ($14M), United Arab Emirates ($12.5M), and Romania ($11M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Water tube boilers, steam production < 45T per hour.
It is possible to select the main countries that export or import Water tube boilers, steam production < 45T per hour in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Water tube boilers, steam production < 45T per hour 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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