# Turbines (HS4 8406) Trade Overview | Yugalinks

> Published by **Yugalinks**, global trade intelligence for growing businesses.
>
> [Follow Yugalinks on LinkedIn](https://in.linkedin.com/company/yugalinks)

Turbines at HS4 8406, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8406

## Explore Yugalinks

- [Open the trade workspace](https://www.yugalinks.com/app)
- [Read the methodology](https://www.yugalinks.com/methodology)
- [Review data sources](https://www.yugalinks.com/data-sources)
- [Check data coverage](https://www.yugalinks.com/data-coverage)
- [Read Responsible AI principles](https://www.yugalinks.com/responsible-ai)

## Answer

The turbines subsector recorded $4.0B in reported global trade in 2024, with +18.7% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $4.0B |
| Latest annual change | +18.7% |
| Active exporters | 150 |
| Active importers | 185 |
| Active HS6 products | 4 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $3.0B | 1,926 | 4 |
| 1996 | $3.1B | 1,993 | 4 |
| 1997 | $2.7B | 1,863 | 4 |
| 1998 | $3.4B | 1,949 | 4 |
| 1999 | $2.8B | 1,962 | 4 |
| 2000 | $2.8B | 2,231 | 4 |
| 2001 | $3.3B | 2,356 | 4 |
| 2002 | $3.4B | 2,301 | 4 |
| 2003 | $2.8B | 2,351 | 4 |
| 2004 | $3.4B | 2,539 | 4 |
| 2005 | $4.4B | 2,491 | 4 |
| 2006 | $4.6B | 2,599 | 4 |
| 2007 | $5.2B | 2,713 | 4 |
| 2008 | $6.7B | 2,814 | 4 |
| 2009 | $8.5B | 2,731 | 4 |
| 2010 | $8.3B | 2,679 | 4 |
| 2011 | $9.0B | 2,709 | 4 |
| 2012 | $8.5B | 2,641 | 4 |
| 2013 | $7.9B | 2,586 | 4 |
| 2014 | $7.1B | 2,700 | 4 |
| 2015 | $6.1B | 2,728 | 4 |
| 2016 | $6.2B | 2,811 | 4 |
| 2017 | $5.6B | 2,706 | 4 |
| 2018 | $5.2B | 2,763 | 4 |
| 2019 | $4.3B | 2,704 | 4 |
| 2020 | $4.0B | 2,524 | 4 |
| 2021 | $4.4B | 2,497 | 4 |
| 2022 | $3.7B | 2,807 | 4 |
| 2023 | $3.8B | 2,892 | 4 |
| 2024 | $4.0B | 2,714 | 4 |

## Leading corridors

- China to Indonesia: $180.3M; growth +4.5%.
- Italy to China: $93.2M; growth +60.3%.
- Japan to USA, Puerto Rico and US Virgin Islands: $84.4M; growth +27.9%.
- Republic of Korea to Viet Nam: $83.8M; growth +160.6%.
- USA, Puerto Rico and US Virgin Islands to United Kingdom: $76.1M; growth +9.9%.
- Germany to USA, Puerto Rico and US Virgin Islands: $75.5M; growth +53.7%.
- Japan to China: $72.5M; growth +24%.
- France to Turkey: $70.1M; growth -8.1%.
- Germany to China: $62.6M; growth +22.5%.
- Russia to Turkey: $59.7M; growth +1,464.3%.

## HS6 products

- Turbines: steam and other vapour turbines, for marine propulsion (HS6 840610)
- Turbines: steam and other vapour turbines, for marine propulsion (HS6 840611)
- Turbines: steam and other vapour turbines, for other than marine propulsion (HS6 840619)
- Turbines: steam and other vapour turbines, (for other than marine propulsion), of an output exceeding 40MW (HS6 840681)
- Turbines: steam and other vapour turbines, (for other than marine propulsion), of an output not exceeding 40MW (HS6 840682)
- Turbines: parts of steam and other vapour turbines (HS6 840690)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

## Continue your research

- [Explore HS4 8406 in the workspace](https://www.yugalinks.com/app?hs=8406)
- [Open the Yugalinks workspace](https://www.yugalinks.com/app)

## Other formats

- [HTML](https://www.yugalinks.com/trade/sector/hs4/8406/index.html)
- [JSON](https://www.yugalinks.com/trade/sector/hs4/8406/index.json)
- [JSON-LD](https://www.yugalinks.com/trade/sector/hs4/8406/index.ld.json)


## Continue your research

- [Explore HS4 8406 in the workspace](https://www.yugalinks.com/app?hs=8406)
- [Open the Yugalinks workspace](https://www.yugalinks.com/app)

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.