HS4 subsector intelligence

Boilers
HS4 8403 trade overview

A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.

HS4 84031995-2024 coverageDeclining
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$6.5BGlobal subsector value
02

Annual change

-12.7%Latest year on year
03

Exporters

149Active reporting countries
04

Importers

191Active reporting countries
05

HS6 products

2Classifications inside HS4

The subsector read

$6.5B in trade, with -8.8% annualized growth over three years.

Boilers is recorded across 3,146 active corridors, with 149 exporters and 191 importers.

Annual trend

Subsector momentum over time

Reported global trade from 1995 to 2024. Read the methodology ↗

Annual subsector tradeReported global trade from 1995 to 2024.1995: $1.8B1996: $2.1B1997: $2.1B1998: $2.1B1999: $2.5B2000: $2.4B2001: $2.3B2002: $2.6B2003: $3.6B2004: $4.2B2005: $4.8B2006: $5.9B2007: $6.5B2008: $7.6B2009: $6.4B2010: $6.5B2011: $7.4B2012: $7.1B2013: $7.5B2014: $7.4B2015: $6.3B2016: $6.1B2017: $6.7B2018: $7.3B2019: $6.9B2020: $6.9B2021: $8.6B2022: $8.6B2023: $7.5B2024: $6.5B
Reported global trade by year.

Top trade corridors

Where the subsector moves

Leading exporter-to-importer relationships by latest reported value. See data sources ↗

Latest reported relationshipsTop 10 by trade value
RankExporterImporterTrade valueGrowthHS6DistanceFTA
1AustriaAUTGermanyDEU$321.0M-23.2%2524 kmYes
2SlovakiaSVKGermanyDEU$250.0M-7.7%2553 kmYes
3CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$150.2M+8.9%2556 kmYes
4GermanyDEUBelgiumBEL$125.1M-13.4%2653 kmYes
5Republic of KoreaKORUSA, Puerto Rico and US Virgin IslandsUSA$115.5M+6.9%211,077 kmYes
6SlovakiaSVKUnited KingdomGBR$101.0M+5.7%21,291 kmYes
7TurkeyTURGermanyDEU$96.3M-12.4%21,738 kmYes
8TurkeyTURUnited KingdomGBR$95.6M+7.9%22,504 kmYes
9GermanyDEUUnited KingdomGBR$92.8M-13.9%2935 kmYes
10GermanyDEUFranceFRA$86.0M-19.2%2881 kmYes

Market structure

Where supply and demand concentrate

Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗

Top exporters2024 ranking
RankCountryExportsPartnersHS6
1GermanyDEU$1.0B1042
2ItalyITA$862.1M1232
3SlovakiaSVK$737.5M592
4AustriaAUT$584.8M672
5TurkeyTUR$553.8M1132
6FranceFRA$335.1M1002
7ChinaCHN$326.8M1622
8NetherlandsNLD$313.4M942
9PolandPOL$278.8M762
10Republic of KoreaKOR$245.3M742
Top importers2024 ranking
RankCountryImportsPartnersHS6
1GermanyDEU$1.0B612
2United KingdomGBR$568.7M502
3USA, Puerto Rico and US Virgin IslandsUSA$492.2M532
4ItalyITA$484.2M492
5FranceFRA$409.0M522
6RussiaRUS$340.6M242
7PolandPOL$283.0M482
8NetherlandsNLD$221.3M492
9SpainESP$221.2M472
10BelgiumBEL$204.2M412

HS6 product coverage

The products inside HS4 8403

Six-digit classifications make the subsector specific. Browse the product workspace ↗

2 classifications shownBoilers
01
Boilers: central heating boilers (excluding those of heading no. 8402)HS6 840310
02
Boilers: parts of central heating boilers (excluding those of heading no. 8402)HS6 840390

Definitions and coverage

Read the numbers with context

Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗

01

Reported values

Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.

02

Calculated indicators

Growth, concentration, volatility, and peak comparisons are calculated from reported observations.

03

Missing data

Unavailable observations remain unavailable. They are not filled, interpolated, or presented as forecasts.

Coverage: 1995-2024 · Data refreshed 2026-07-20 09:34:09

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.