HS Icon Other and Gas Turbine

Other Vehicles Including Gas Turbine Powered

870390 (Harmonized System 1992 for 6-digit)

Overview This page contains the latest trade data of Other and Gas Turbine . In 2020, Other and Gas Turbine were the world's 12th most traded product, with a total trade of $123B. Between 2019 and 2020 the exports of Other and Gas Turbine grew by 48.3%, from $83.2B to $123B. Trade in Other and Gas Turbine represent 0.74% of total world trade.

Other and Gas Turbine are a part of Cars.

Exports In 2020 the top exporters of Other and Gas Turbine  were Germany ($28.4B), Japan ($21.5B), United States ($11.7B), Belgium ($7.89B), and South Korea ($7.27B).

Imports In 2020 the top importers of Other and Gas Turbine were Germany ($15.6B), United States ($15B), United Kingdom ($10.4B), China ($9.51B), and Belgium ($8.33B).

Tariffs In 2018 the average tariff for Other and Gas Turbine was 22.6%, making it the 389th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Other and Gas Turbine are Maldives (150%), India (106%), and Pakistan (100%). The countries with the lowest tariffs are Mauritius (0%), Hong Kong (0%), Japan (0%), Laos (0%), and Singapore (0%).

Ranking Other and Gas Turbine ranks 452nd in the Product Complexity Index (PCI).

Description A gas turbine powered vehicle is typically used for military purposes, as well as for towing or for heavy lifting.

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The following visualization shows the latest trends on Other and Gas Turbine . Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): Germany, $28.4B

Top Destination (2020): Germany, $15.6B

Other and Gas Turbine are the world's 12th most traded product.

In 2020, the top exporters of Other and Gas Turbine were Germany ($28.4B), Japan ($21.5B), United States ($11.7B), Belgium ($7.89B), and South Korea ($7.27B).

In 2020, the top importers of Other and Gas Turbine were Germany ($15.6B), United States ($15B), United Kingdom ($10.4B), China ($9.51B), and Belgium ($8.33B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): Germany, $13.9B

Top Destination Growth (2019 - 2020): Germany, $8B

Between 2019 and 2020, the exports of Other and Gas Turbine grew the fastest in Germany ($13.9B), Slovakia ($3.99B), Spain ($2.58B), Czechia ($2.56B), and Japan ($2.1B).

Between 2019 and 2020, the fastest growing importers of Other and Gas Turbine were Germany ($8B), United Kingdom ($4.55B), France ($3.5B), United States ($2.98B), and China ($2.22B).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Other and Gas Turbine .

In 2020,  market concentration measured using Shannon Entropy, was 3.81. This means that most of the exports of Other and Gas Turbine are explained by 13 countries.

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TOP NET EXPORTER (2020): Japan, $20B

TOP NET IMPORTER (2020): China, $7.48B

This map shows which countries export or import more of Other and Gas Turbine . Each country is colored based on the difference in exports and imports of Other and Gas Turbine during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Other and Gas Turbine were Japan ($20B), Germany ($12.7B), Slovakia ($6.56B), South Korea ($4.23B), and Turkey ($2.85B).

In 2020, the countries that had a largest trade value in imports than in exports of Other and Gas Turbine were China ($7.48B), Italy ($4.35B), Norway ($4.27B), United Kingdom ($4.19B), and France ($3.64B).

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Other and Gas Turbine .
It is possible to select the main countries that export or import Other and Gas Turbine in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.