{ "pageType": "HS4 subsector trade overview", "source": "api", "title": "Turbines (HS4 8406) Trade Overview | Yugalinks", "description": "Review reported global trade for turbines at HS4 8406, including scale, trend, corridors, countries, and the HS6 products within this subsector.", "canonical": "https://www.yugalinks.com/trade/sector/hs4/8406", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks", "sameAs": [ "https://in.linkedin.com/company/yugalinks" ] }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-27", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-27" } ] }, "links": { "html": "https://www.yugalinks.com/trade/sector/hs4/8406/index.html", "markdown": "https://www.yugalinks.com/trade/sector/hs4/8406/index.md", "json": "https://www.yugalinks.com/trade/sector/hs4/8406/index.json", "jsonLd": "https://www.yugalinks.com/trade/sector/hs4/8406/index.ld.json", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "internalLinks": { "workspace": "https://www.yugalinks.com/app", "platform": "https://www.yugalinks.com/platform", "methodology": "https://www.yugalinks.com/methodology", "dataSources": "https://www.yugalinks.com/data-sources", "dataCoverage": "https://www.yugalinks.com/data-coverage", "responsibleAi": "https://www.yugalinks.com/responsible-ai" }, "subsector": { "hs4": "8406", "name": "Turbines" }, "coverage": { "firstDataYear": 1995, "latestDataYear": 2024, "yearsWithData": 30, "refreshedAt": "2026-07-20 09:34:09" }, "answer": "The turbines subsector recorded $4.0B in reported global trade in 2024, with +18.7% annual change.", "keyFigures": { "latestTradeUsd": 3961985528.782472, "latestAnnualChangePct": 18.71332576841183, "activeExporters": 150, "activeImporters": 185, "activeHs6Products": 4 }, "growthAndStructure": { "trendLabel": "Declining", "tradeCagr3yPct": -3.0805186853115285, "tradeCagr5yPct": -1.6371295231866534, "historicalPeakUsd": 9006327082.433033, "historicalPeakYear": 2011, "positiveGrowthYearSharePct": 58.62068965517241, "exporterConcentrationHhi": 1116.6568091393428, "importerConcentrationHhi": 884.5999089124649, "tradeVolatilityCv": 0.3957213568188256 }, "annualRows": [ { "year": 1995, "hs4": 8406, 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"hs4": 8406, "exports_usd": 78504488.75514951, "imports_usd": 164196433.99139434, "trade_balance_usd": -85691945.23624483, "export_partner_count": 87, "import_partner_count": 44, "active_hs6_count": 4, "country_name": "United Kingdom" }, { "year": 2024, "country_iso3": "TWN", "hs4": 8406, "exports_usd": 4792292.3687553825, "imports_usd": 120717459.16485968, "trade_balance_usd": -115925166.7961043, "export_partner_count": 35, "import_partner_count": 21, "active_hs6_count": 3, "country_name": "Taiwan" }, { "year": 2024, "country_iso3": "UZB", "hs4": 8406, "exports_usd": 0, "imports_usd": 88712148.41646348, "trade_balance_usd": -88712148.41646348, "export_partner_count": 0, "import_partner_count": 18, "active_hs6_count": 3, "country_name": "Uzbekistan" }, { "year": 2024, "country_iso3": "IND", "hs4": 8406, "exports_usd": 171501510.83937097, "imports_usd": 86272527.70568506, "trade_balance_usd": 85228983.1336859, "export_partner_count": 98, "import_partner_count": 40, "active_hs6_count": 4, "country_name": "India" } ], "products": [ { "hs_code": "840610", "product_name": "Turbines: steam and other vapour turbines, for marine propulsion" }, { "hs_code": "840611", "product_name": "Turbines: steam and other vapour turbines, for marine propulsion" }, { "hs_code": "840619", "product_name": "Turbines: steam and other vapour turbines, for other than marine propulsion" }, { "hs_code": "840681", "product_name": "Turbines: steam and other vapour turbines, (for other than marine propulsion), of an output exceeding 40MW" }, { "hs_code": "840682", "product_name": "Turbines: steam and other vapour turbines, (for other than marine propulsion), of an output not exceeding 40MW" }, { "hs_code": "840690", "product_name": "Turbines: parts of steam and other vapour turbines" } ], "methodology": { "reportedValues": "Merchandise trade observations aggregated to HS4.", "calculatedIndicators": "Growth, concentration, volatility, and peak comparisons calculated from reported observations.", "missingData": "Missing values remain unavailable and are not imputed." } }