HS4 subsector intelligence

Boilers
HS4 8404 trade overview

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

HS4 84041995-2024 coverageStable
The numbers at a glanceLatest reported year · 2024
01

Latest trade

$1.3BGlobal subsector value
02

Annual change

-13.9%Latest year on year
03

Exporters

141Active reporting countries
04

Importers

192Active reporting countries
05

HS6 products

3Classifications inside HS4

The subsector read

$1.3B in trade, with -2.9% annualized growth over three years.

Boilers is recorded across 2,987 active corridors, with 141 exporters and 192 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: $848.3M1996: $969.3M1997: $905.1M1998: $1.1B1999: $891.4M2000: $754.7M2001: $980.6M2002: $779.2M2003: $747.6M2004: $817.5M2005: $1.0B2006: $1.1B2007: $1.5B2008: $2.3B2009: $2.5B2010: $2.3B2011: $2.7B2012: $2.4B2013: $2.5B2014: $2.5B2015: $2.1B2016: $2.1B2017: $1.8B2018: $1.9B2019: $1.7B2020: $1.6B2021: $1.5B2022: $1.5B2023: $1.5B2024: $1.3B
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
1ChinaCHNIndonesiaIDN$90.3M-14.7%34,425 kmYes
2CanadaCANUSA, Puerto Rico and US Virgin IslandsUSA$42.0M+22.9%3556 kmYes
3USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$41.8M+13.8%3556 kmYes
4JapanJPNViet NamVNM$20.8M-24.5%34,327 kmYes
5TaiwanTWNPhilippinesPHL$19.3M-10.5%31,153 kmNo
6ChinaCHNIndiaIND$19.3M+20%34,252 kmNo
7ChinaCHNThailandTHA$18.1M+26.2%32,887 kmYes
8ChinaCHNUnited KingdomGBR$17.9M+103.6%39,217 kmNo
9ChinaCHNViet NamVNM$17.5M+16.5%32,732 kmYes
10ThailandTHAUSA, Puerto Rico and US Virgin IslandsUSA$14.9M+208.5%213,951 kmNo

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
1ChinaCHN$402.9M1623
2GermanyDEU$108.6M1183
3ItalyITA$74.1M1143
4USA, Puerto Rico and US Virgin IslandsUSA$71.8M1073
5FinlandFIN$60.0M723
6JapanJPN$47.7M783
7Republic of KoreaKOR$47.2M693
8United KingdomGBR$44.4M1243
9CanadaCAN$44.2M393
10IndiaIND$44.0M1123
Top importers2024 ranking
RankCountryImportsPartnersHS6
1IndonesiaIDN$122.7M313
2USA, Puerto Rico and US Virgin IslandsUSA$118.1M453
3GermanyDEU$82.3M453
4United KingdomGBR$77.6M463
5CanadaCAN$49.8M363
6Viet NamVNM$45.3M263
7ItalyITA$37.7M393
8JapanJPN$37.3M273
9FranceFRA$34.1M493
10TaiwanTWN$32.9M293

HS6 product coverage

The products inside HS4 8404

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

3 classifications shownBoilers
01
Boilers: auxiliary plant, for use with boilers of heading no. 8402 or 8403 (e.g. economisers, super-heaters, soot removers, gas recoverers)HS6 840410
02
Boilers: condensers, for steam or other vapour power unitsHS6 840420
03
Boilers: parts of auxiliary plant, for use with boilers of heading no. 8402 and 8403 and parts of condensers for steam or other vapour power unitsHS6 840490

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.