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840681 (Harmonized System 1996 for 6-digit)

2023
World Trade $728MRnk 2515 / 4766
2023
Top Exporter | Top Importer $168M | $208MChina | Indonesia
2023
Product Complexity 1.31Rnk 329 / 4780
2022 - 2023
Export Growth (CAGR) 4.73%Rnk 1092 / 4766
2023
Share of World Trade 0.0032%Rnk 2515 / 4766

About

Overview This page contains the latest trade data of Large Steam Turbines for Non-Marine Use (Above 40MW). In 2023, Large Steam Turbines for Non-Marine Use (Above 40MW) were the world's 2515th most traded product, with a total trade of $728M. Between 2022 and 2023 the exports of Large Steam Turbines for Non-Marine Use (Above 40MW) grew by 4.73%, from $695M to $728M. Trade in Large Steam Turbines for Non-Marine Use (Above 40MW) represent 0.0032% of total world trade.

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

Exports In 2023 the top exporters of Large Steam Turbines for Non-Marine Use (Above 40MW)  were China ($168M), Japan ($152M), Germany ($103M), France ($59.8M), and Czechia ($35.4M).

Imports In 2023 the top importers of Large Steam Turbines for Non-Marine Use (Above 40MW) were Indonesia ($208M), Turkey ($182M), Mexico ($59.8M), United States ($32.7M), and Brazil ($27.8M).

Ranking Large Steam Turbines for Non-Marine Use (Above 40MW) ranks 329th 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 Large Steam Turbines for Non-Marine Use (Above 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$168M
Top Destination (2023)Indonesia$208M

In 2023 Large Steam Turbines for Non-Marine Use (Above 40MW) were the world's 2515th most traded product (out of 4,766).

In 2023, the top exporters of Large Steam Turbines for Non-Marine Use (Above 40MW) were China ($168M), Japan ($152M), Germany ($103M), France ($59.8M), and Czechia ($35.4M).

In 2023, the top importers of Large Steam Turbines for Non-Marine Use (Above 40MW) were Indonesia ($208M), Turkey ($182M), Mexico ($59.8M), United States ($32.7M), and Brazil ($27.8M).

Explore Visualizations

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

Color
Top Origin Growth (2022 -  2023)China$42.2M
Top Destination Growth (2022 -  2023)Turkey$113M

Between 2022 and 2023, the exports of Large Steam Turbines for Non-Marine Use (Above 40MW) grew the fastest in China ($42.2M), Netherlands ($25.7M), Vietnam ($21.4M), Russia ($16.9M), and France ($15.4M).

Between 2022 and 2023, the fastest growing importers of Large Steam Turbines for Non-Marine Use (Above 40MW) were Turkey ($113M), Indonesia ($86M), Mexico ($43.6M), Brazil ($27.8M), and Philippines ($19.9M).

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Exporters of Large Steam Turbines for Non-Marine Use (Above 40MW) (2022 - 2023)

Importers of Large Steam Turbines for Non-Marine Use (Above 40MW) (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.56. This means that most of the exports of Large Steam Turbines for Non-Marine Use (Above 40MW) are explained by 11 countries.

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Value of Exports in Large Steam Turbines for Non-Marine Use (Above 40MW)

Net Trade

TOP NET EXPORTER (2023)Japan$152M
TOP NET IMPORTER (2023)Indonesia$208M

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

In 2023, the countries that had a largest trade value in exports than in imports of Large Steam Turbines for Non-Marine Use (Above 40MW) were Japan ($152M), China ($141M), Germany ($97.2M), France ($58.7M), and Czechia ($35.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Large Steam Turbines for Non-Marine Use (Above 40MW) were Indonesia ($208M), Turkey ($182M), Mexico ($58.4M), United States ($29.8M), and Bahrain ($18.7M).

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

Top 10 Exporters Countries of Large Steam Turbines for Non-Marine Use (Above 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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