Product intelligence · HS 840110 · 2024 data

Nuclear reactors

Global exports of nuclear reactors totalled $155,018,568 in 2024, a +2.6% change from the previous year. Traded by 65 countries across 283 bilateral corridors, with demand from 103 importing markets. The long-term trend is rapid growth.

Data: OECD BIMTS · Coverage: 19952024 · Updated: 2026-07-17

Global trade

$155.0M

+2.6% YoY

3Y / 5Y CAGR

+121.4%

5Y: +43.0%

Supply structure

Concentrated

HHI 0.895

Volatility

Low

Score 28/100

1.

Market movement

In 2024, nuclear reactors trade exhibited modest growth, with global flows reaching $155,018,568 and a three-year compound annual growth rate of +121.4% (five-year: +43.0%). The all-time peak of $176,062,512 was recorded in 2002; the current level is 12% below that high-water mark.

Over the 30-year observation window (19952024), 48% of years recorded positive growth, indicating significant cyclicality with frequent contractions. Trend momentum is strengthening (+112.3% acceleration).

The World Trade Flows Characterization classifies nuclear reactors as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

2.

Supply & demand structure

The supply side is concentrated (Herfindahl-Hirschman Index 0.895). The three largest exporters — Russia ($150.4M), South Korea ($56.3M), and Thailand ($13.4M) — collectively dominate supply flows. The leading exporter has grown at +153.0% over the last three years.

On the demand side, importer concentration is concentrated (HHI 0.645). The three largest import markets are Türkiye ($121.3M), Bolivia ($27.9M), and Thailand ($3.1M). The largest importing market sources from 2 different supplying countries.

The dominant trade corridor is Russia → Türkiye at $120.0M, representing 98.9% of the importer's total demand.

3.

Risk profile & trade outlook

The volatility score for nuclear reactors is 28 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, modest but steady demand provides a reasonable entry window. The concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.

Historical evidence

Annual trade value 19952024

Peak: $176,062,512 in 2002. Currently 12% below peak.

YearGlobal trade (USD)YoY growth
2015$81,557,931+25.6%
2016$40,305,331-50.6%
2017$44,394,556+10.1%
2018$24,250,443-45.4%
2019$25,937,363+7.0%
2020$22,364,922-13.8%
2021$14,277,151-36.2%
2022$77,430,539+442.3%
2023$151,101,608+95.1%
2024$155,018,568+2.6%

Top exporting countries

Ranked by export value of nuclear reactors in 2024.

View all 65 exporters →

Top importing markets

Largest import destinations for nuclear reactors.

View all 103 markets →

Leading trade corridors

Largest bilateral export flows for nuclear reactors, ranked by value. Click any country to view its full profile.

#ExporterImporterValue 20243Y CAGR
1RussiaTürkiye$120.0M+1835.7%
2RussiaBolivia$26.6M+3828.0%
3ChinaTürkiye$1.3M
4BelarusBolivia$925.1K
5GermanyTürkiye$331.1K+576.6%
6ChinaBolivia$224.7K+1046.3%
7TürkiyeBolivia$143.1K+297.6%
8RomaniaTürkiye$44.5K

Showing top 8 of 10 corridors with available data for 2024.

Go deeper

Get the full intelligence picture

Interactive charts, AI-powered opportunity scoring, competitor benchmarking, and real-time alerts for nuclear reactors. Free to start — no credit card required.

Sources, definitions & methodology

Data source

OECD Bilateral International Merchandise Trade Statistics (BIMTS). Aggregated from 312M+ reported trade records across 200+ countries and 5,300+ HS6 product codes. Coverage: 19952024.

Key indicators

HHI (Herfindahl-Hirschman Index): market concentration, 0 = fully diversified, 1 = single player. CAGR: compound annual growth rate over a stated period. Volatility score: trade value variability, 0–100 scale.

How this page is made

All statistical content on this page is data-driven, composed programmatically from live OECD trade records. No generic AI-generated prose is used. Analytical paragraphs combine real data points with factual interpretation. This page was last refreshed on 2026-07-17.