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2022
Exports $1.29BWorld Rnk 1 / 147
Flag Rnk 381 / 1216
2022
Destination $112M Indonesia
2021 - 2022
FASTEST GROWING MARKET $112MSerbia
2022
PRODUCT COMPLEXITY IN Steam Boilers0.25Rnk 469 / 1025
2022
Imports $81.5MWorld Rnk 17 / 208
Flag Rnk 693 / 1212
2022
Origin $5.83M Denmark
2021 - 2022
FASTEST GROWING ORIGIN $5.83MFinland
2022
ECONOMIC COMPLEXITY of China1.12Rnk 22 / 133

About

Exports In 2022, China exported $1.29B in Steam Boilers, making it the 1st largest exporter of Steam Boilers in the world. At the same year, Steam Boilers was the 381st most exported product in China. The main destination of Steam Boilers exports from China are: Indonesia ($240M), Serbia ($180M), Bangladesh ($123M), South Africa ($98.1M), and Japan ($71.6M).

The fastest growing export markets for Steam Boilers of China between 2021 and 2022 were Serbia ($112M), Bangladesh ($99.2M), and South Africa ($89.9M).

Imports In 2022, China imported $81.5M in Steam Boilers, becoming the 17th largest importer of Steam Boilers in the world. At the same year, Steam Boilers was the 693rd most imported product in China. China imports Steam Boilers primarily from: Denmark ($19M), South Korea ($18.6M), Finland ($13.5M), United States ($8.2M), and Japan ($8.06M).

The fastest growing import markets in Steam Boilers for China between 2021 and 2022 were Finland ($5.83M), Denmark ($4.14M), and India ($825k).

COMPANIES In 2023, leading companies such as CrimsonLogic (122), Stihl (64), and Sutong (50) were at the forefront of shipping Steam Boilers from China to the United States.

Latest Trends

September 2024

About

Overview In September 2024 China's Steam Boilers exports accounted up to $78.1M and imports accounted up to $8.21M, resulting in a positive trade balance of $69.8M. Between September 2023 and September 2024 the exports of China's   Steam Boilers have decreased by $-13.4M (-14.6%) from $91.4M to $78.1M, while imports increased by $1.78M (27.6%) from $6.43M to $8.21M.

Destinations In September 2024, Steam Boilers were exported mostly to Poland ($12.3M), Indonesia ($8.15M), Mongolia ($7.78M), Japan ($6.89M), and Saudi Arabia ($4.45M), and were imported mostly from South Korea ($2.91M), Denmark ($1.44M), United States ($999k), Japan ($953k), and Switzerland ($683k).

Growth In September 2024, the decrease in Steam Boilers's year-by-year exports was explained primarily by a decrease in exports to Vietnam ($-8.95M or -87.5%), Pakistan ($-8.88M or -96.2%), and Malaysia ($-946k or -50.2%). In September 2024, the increase in Steam Boilers's year-by-year imports was explained primarily by an increase in imports from Finland ($1.62M or 584%), United States ($656k or 2.5k%), and Denmark ($222k or 114%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)$-13.4M(-14.6%)
IMPORT GROWTH (September 2023 - September 2024)$1.78M(27.6%)
MAIN EXPORTER (September 2024)Jiangsu Province$27.4M
MAIN DESTINATION (September 2024)Poland$12.3M

This section shows Steam Boilers's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Steam Boilers over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$1.29B
IMPORTS (2022)$81.5M
NET TRADE (2022)$1.21B

In 2022, China exported $1.29B in Steam Boilers. The main destinations of China exports on Steam Boilers were Indonesia ($240M), Serbia ($180M), Bangladesh ($123M), South Africa ($98.1M), and Japan ($71.6M).

In 2022, China imported $81.5M in Steam Boilers, mainly from Denmark ($19M), South Korea ($18.6M), Finland ($13.5M), United States ($8.2M), and Japan ($8.06M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Boilers EXPORT MARKETS FOR China WERE (2021 - 2022):
Serbia$112M (165%)
Bangladesh$99.2M (419%)
South Africa$89.9M (1.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Boilers BY China WERE (2021 - 2022):
Turkey-$89.6M (-89.5%)
Pakistan-$77.9M (-71.6%)
Iraq-$41.4M (-96.5%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, China's main exporting competitors in Steam Boilers were:
South Korea $429M
Finland $232M
In 2022, China's main importing competitors in Steam Boilers were:
Indonesia $427M
Brazil $261M
Bangladesh $218M

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Trade Value of Steam Boilers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $19.1M
TOP IMPORT POTENTIALSouth Korea+ $5.82M

Steam Boilers’s highest export potential is India. With an export gap of $19.1M.   Steam Boilers’s highest import potential is South Korea with an import gap of $5.82M.

See methodology.

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