Latest trade
$4.0BGlobal subsector valueHS4 subsector intelligence
Turbines
HS4 8406 trade overview
A focused view of this HS4 subsector: market scale, momentum, leading routes, countries, and the HS6 classifications inside it.
The numbers at a glanceLatest reported year · 2024
Annual change
+18.7%Latest year on yearExporters
150Active reporting countriesImporters
185Active reporting countriesHS6 products
4Classifications inside HS4The subsector read
$4.0B in trade, with -3.1% annualized growth over three years.
Turbines is recorded across 2,714 active corridors, with 150 exporters and 185 importers.
Annual trend
Subsector momentum over time
Reported global trade from 1995 to 2024. Read the methodology ↗
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
| Rank | Exporter | Importer | Trade value | Growth | HS6 | Distance | FTA |
|---|---|---|---|---|---|---|---|
| 1 | ChinaCHN | IndonesiaIDN | $180.3M | +4.5% | 4 | 4,425 km | Yes |
| 2 | ItalyITA | ChinaCHN | $93.2M | +60.3% | 3 | 9,138 km | No |
| 3 | JapanJPN | USA, Puerto Rico and US Virgin IslandsUSA | $84.4M | +27.9% | 4 | 10,872 km | No |
| 4 | Republic of KoreaKOR | Viet NamVNM | $83.8M | +160.6% | 2 | 3,599 km | Yes |
| 5 | USA, Puerto Rico and US Virgin IslandsUSA | United KingdomGBR | $76.1M | +9.9% | 2 | 5,585 km | No |
| 6 | GermanyDEU | USA, Puerto Rico and US Virgin IslandsUSA | $75.5M | +53.7% | 3 | 6,402 km | No |
| 7 | JapanJPN | ChinaCHN | $72.5M | +24% | 4 | 1,763 km | No |
| 8 | FranceFRA | TurkeyTUR | $70.1M | -8.1% | 2 | 2,259 km | Yes |
| 9 | GermanyDEU | ChinaCHN | $62.6M | +22.5% | 3 | 8,415 km | No |
| 10 | RussiaRUS | TurkeyTUR | $59.7M | +1,464.3% | 1 | 1,757 km | No |
Market structure
Where supply and demand concentrate
Exporter and importer rankings show the two sides of the subsector separately. Check coverage ↗
| Rank | Country | Exports | Partners | HS6 |
|---|---|---|---|---|
| 1 | JapanJPN | $595.2M | 102 | 4 |
| 2 | ChinaCHN | $585.6M | 142 | 4 |
| 3 | GermanyDEU | $492.6M | 102 | 4 |
| 4 | USA, Puerto Rico and US Virgin IslandsUSA | $328.8M | 118 | 4 |
| 5 | ItalyITA | $324.6M | 99 | 4 |
| 6 | Republic of KoreaKOR | $219.9M | 49 | 4 |
| 7 | PolandPOL | $180.1M | 63 | 4 |
| 8 | IndiaIND | $171.5M | 98 | 4 |
| 9 | CzechiaCZE | $165.2M | 70 | 4 |
| 10 | FranceFRA | $161.2M | 94 | 4 |
| Rank | Country | Imports | Partners | HS6 |
|---|---|---|---|---|
| 1 | IndonesiaIDN | $402.4M | 32 | 4 |
| 2 | USA, Puerto Rico and US Virgin IslandsUSA | $328.8M | 57 | 4 |
| 3 | TurkeyTUR | $293.1M | 32 | 4 |
| 4 | ChinaCHN | $282.5M | 41 | 4 |
| 5 | GermanyDEU | $197.9M | 58 | 4 |
| 6 | Viet NamVNM | $167.2M | 28 | 4 |
| 7 | United KingdomGBR | $164.2M | 44 | 4 |
| 8 | TaiwanTWN | $120.7M | 21 | 3 |
| 9 | UzbekistanUZB | $88.7M | 18 | 3 |
| 10 | IndiaIND | $86.3M | 40 | 4 |
HS6 product coverage
The products inside HS4 8406
Six-digit classifications make the subsector specific. Browse the product workspace ↗
6 classifications shownTurbines
Turbines: steam and other vapour turbines, for marine propulsionHS6 840610
Turbines: steam and other vapour turbines, for marine propulsionHS6 840611
Turbines: steam and other vapour turbines, for other than marine propulsionHS6 840619
Turbines: steam and other vapour turbines, (for other than marine propulsion), of an output exceeding 40MWHS6 840681
Turbines: steam and other vapour turbines, (for other than marine propulsion), of an output not exceeding 40MWHS6 840682
Turbines: parts of steam and other vapour turbinesHS6 840690
Definitions and coverage
Read the numbers with context
Reported observations and calculated indicators should be read with their coverage period. Responsible AI principles ↗
Reported values
Trade values describe reported merchandise trade for the HS4 classification, not company-level sales or shipment records.
Calculated indicators
Growth, concentration, volatility, and peak comparisons are calculated from reported observations.
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.