HS4 subsector corridor intelligence

Turbines
top trade corridors

HS4 8406 - leading exporter-to-importer routes

Explore reported routes for this HS4 subsector, ranked by latest trade value and paired with growth, market share, access, tariff, and distance context.

HS4 84061995-2024Declining
The route picture at a glanceHS4 8406 - reported trade
01

Latest HS4 trade

$4.0BReported value
02

Corridors shown

25Leading routes by value
03

Leading route value

$180.3MLatest reported value
04

Leading route growth

+4.5%Calculated 3-year change
05

Latest reported year

20241995-2024 coverage

The HS4 corridor read

China to Indonesia leads the reported HS4 8406 routes.

The leading route recorded $180.3M in 2024, with +4.5% calculated three-year growth. Across the HS4 subsector, latest reported trade was $4.0B, with -3.1% calculated three-year growth. Read the HS4 overview ↗

Leading route$180.3M4.6% of latest HS4 trade

Top HS4 corridors

Where Turbines trade moves

Observed exporter-to-importer relationships ranked by latest reported trade value. Growth, peak comparisons, and shares are calculated indicators; access fields provide context where available. Review data sources ↗

HS4 8406 exporter-to-importer relationshipsTop 25 by value

Scroll horizontally to compare all route fields.

RankExporterImporterLatest trade3-year CAGR5-year CAGR10-year CAGRMarket shareFTA / accessApplied tariffMFN tariffPreferential tariffTariff advantageDistanceHistorical peakLatest below peakYearsTrend
1ChinaCHNIndonesiaIDN$180.3M+4.5%-3.5%+0.9%4.6%FTA reported0.2%0.2%0.1%+0.1 pp4,425 km$284.0M201836.5%30Growing
2ItalyITAChinaCHN$93.2M+60.3%+83.1%+26.7%2.4%No FTA reported0.3%0.3%Not reportedNot reported9,138 km$93.2M20240%30Rapid growth
3JapanJPNUSA, Puerto Rico and US Virgin IslandsUSA$84.4M+27.9%+8%-7.7%2.1%No FTA reported0%0%0%+0 pp10,872 km$322.8M200173.8%30Rapid growth
4Republic of KoreaKORViet NamVNM$83.8M+160.6%+84.5%+42.5%2.1%FTA reported0.2%0.2%0%+0.1 pp3,599 km$108.1M201322.5%27Rapid growth
5USA, Puerto Rico and US Virgin IslandsUSAUnited KingdomGBR$76.1M+9.9%+9.8%+10.4%1.9%No FTA reportedNot reportedNot reportedNot reportedNot reported5,585 km$78.4M20103%30Growing
6GermanyDEUUSA, Puerto Rico and US Virgin IslandsUSA$75.5M+53.7%+27.6%-2.8%1.9%No FTA reported0%0%Not reportedNot reported6,402 km$199.0M200262.1%30Rapid growth
7JapanJPNChinaCHN$72.5M+24%+8%-2.6%1.8%No FTA reported0.3%0.3%Not reportedNot reported1,763 km$319.4M200777.3%30Rapid growth
8FranceFRATurkeyTUR$70.1M-8.1%+266.3%+33.5%1.8%FTA reported0.1%0.1%0%+0.1 pp2,259 km$102.8M202231.8%30Declining
9GermanyDEUChinaCHN$62.6M+22.5%-12.1%-6.4%1.6%No FTA reported0.3%0.3%Not reportedNot reported8,415 km$216.2M201171%30Rapid growth
10RussiaRUSTurkeyTUR$59.7M+1,464.3%+420.7%+128.2%1.5%No FTA reported0.1%0.1%0%+0.1 pp1,757 km$59.7M20240%9Rapid growth
11JapanJPNIndonesiaIDN$55.5M+40.9%-28.5%+0.2%1.4%FTA reported0.2%0.2%0%+0.2 pp5,772 km$295.8M201981.2%30Rapid growth
12ChinaCHNRussiaRUS$50.8M+158.6%+61.8%+23.2%1.3%No FTA reported0.1%0.1%0.1%+0 pp6,831 km$50.8M20240%21Rapid growth
13USA, Puerto Rico and US Virgin IslandsUSACanadaCAN$50.6M+7.5%+10.1%+4.3%1.3%FTA reported0%0.1%0%+0 pp556 km$89.6M200543.5%30Growing
14Republic of KoreaKORTurkeyTUR$47.7M+353.1%+147.6%+41.5%1.2%FTA reported0.1%0.1%0%+0 pp7,974 km$47.7M20240%17Rapid growth
15JapanJPNViet NamVNM$46.6M+37.5%+64.2%-4.5%1.2%FTA reported0.2%0.2%0.1%+0.1 pp4,327 km$105.4M201655.8%30Rapid growth
16JapanJPNKuwaitKWT$46.6M+115.5%+62.5%+39.4%1.2%No FTA reported0%0%Not reportedNot reported8,316 km$84.2M199844.7%30Rapid growth
17United Arab EmiratesAREIran (Islamic Republic of)IRN$46.3M-17.9%-29.5%-4%1.2%No FTA reported0.6%0.6%Not reportedNot reported1,214 km$266.7M201982.6%30Rapid decline
18FinlandFINIndonesiaIDN$43.5M+155.1%+54.3%+99%1.1%No FTA reported0.2%0.2%Not reportedNot reported10,155 km$43.5M20240%17Rapid growth
19PolandPOLUSA, Puerto Rico and US Virgin IslandsUSA$42.3M+37.9%+19.6%+3.3%1.1%No FTA reported0%0%0%+0 pp6,872 km$42.3M20240%30Rapid growth
20JapanJPNPhilippinesPHL$41.2M-15.5%+48.3%+1.9%1%FTA reported0.2%0.2%0%+0.2 pp2,990 km$68.1M202139.6%30Rapid decline
21JapanJPNTaiwanTWN$36.3M+24%+20.8%-13.5%0.9%No FTA reportedNot reportedNot reportedNot reportedNot reported2,109 km$154.6M201476.5%30Rapid growth
22GermanyDEUTurkeyTUR$36.1M+31.8%+50.2%+3.6%0.9%FTA reported0.1%0.1%0%+0.1 pp1,738 km$60.6M201640.5%30Rapid growth
23ChinaCHNGermanyDEU$35.3M+45.9%+20.3%+16.5%0.9%No FTA reported0%0.1%0%+0 pp8,415 km$35.3M20240%30Rapid growth
24ItalyITABelgiumBEL$34.8M+203.1%+92.8%+83.6%0.9%FTA reported0%0%0%+0 pp1,174 km$34.8M20240%26Rapid growth
25HungaryHUNGermanyDEU$33.5M+30.3%+0.4%+0.5%0.8%FTA reported0%0%0%+0 pp689 km$50.2M201133.3%30Rapid growth

Movement to watch

Growth leaders for HS4 8406

The strongest available three-year growth rates are starting points for research, not forecasts. Compare the calculated rate with each route's reported value, share, and trend. Read the methodology ↗

01Growth leader

Russia to Turkey

+1,464.3%calculated 3-year CAGR
$59.7M latest value1.5% market shareRapid growth
02Growth leader

Republic of Korea to Turkey

+353.1%calculated 3-year CAGR
$47.7M latest value1.2% market shareRapid growth
03Growth leader

Italy to Belgium

+203.1%calculated 3-year CAGR
$34.8M latest value0.9% market shareRapid growth
04Growth leader

Republic of Korea to Viet Nam

+160.6%calculated 3-year CAGR
$83.8M latest value2.1% market shareRapid growth
05Growth leader

China to Russia

+158.6%calculated 3-year CAGR
$50.8M latest value1.3% market shareRapid growth

Access and tariff context

Compare route access without over-reading one indicator

FTA status, applied tariffs, tariff advantage, and distance are supporting route context. Group averages are calculated from displayed routes and are not tariff recommendations. Check data coverage ↗

FTA reported$680.1M

11 displayed routes with average calculated growth of +76.9%.

Average applied tariff
0.1%
Average tariff advantage
+0.1 pp
No FTA reported$825.2M

14 displayed routes with average calculated growth of +155.8%.

Average applied tariff
0.2%
Average tariff advantage
+0 pp
Lowest reported applied tariffFTA reported

Italy to Belgium

0%

Routes with an available applied tariff. Latest route value: $34.8M.

Applied 0%Advantage +0 pp1,174 km
Largest reported tariff advantageFTA reported

Japan to Philippines

+0.2 pp

Routes with an available tariff advantage. Latest route value: $41.2M.

Applied 0.2%Advantage +0.2 pp2,990 km

HS4 indicators

Scale, momentum, and structure in one view

These cards pair reported trade observations with calculated indicators from the available HS4 history. See indicator definitions ↗

Displayed route value$1.5B

Combined reported value across the 25 routes shown.

HS4 3-year CAGR-3.1%

Calculated annualized change in reported HS4 trade.

Exporter / importer HHI1,116.7 / 884.6

Calculated concentration indicators; higher values mean a more concentrated mix.

Trade volatility0.4

Calculated variation in annual reported HS4 trade.

Trend and peakDeclining

Historical peak: $9.0B in 2011. Latest below peak: 56%.

Coverage and breadth1995-2024

30 observed years; 2,714 active corridors, 150 exporters, 185 importers, and 4 HS6 products.

How to read this view

Keep reported scale separate from calculated movement.

Latest trade values describe reported merchandise trade for HS4 8406. Growth, market share, HHI, volatility, and peak comparisons are calculated indicators over the stated coverage period.

FTA status, tariffs, and distance add route context where available. A missing value stays unavailable; it is not treated as zero or a forecast.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-28). 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.