2022
Exports
$43.8MWorld Rnk 15 / 122
Flag Rnk 312 / 1200
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2022
Imports
$43.1MWorld Rnk 24 / 191
Flag Rnk 520 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $43.8M in Steam Turbines, making it the 15th largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 312th most exported product in Russia. The main destination of Steam Turbines exports from Russia are: India ($20.4M), Kazakhstan ($16.7M), Turkey ($2.53M), Georgia ($1.24M), and Uzbekistan ($889k).

The fastest growing export markets for Steam Turbines of Russia between 2021 and 2022 were Kazakhstan ($8.49M), Turkey ($2.53M), and Georgia ($1.24M).

Imports In 2022, Russia imported $43.1M in Steam Turbines, becoming the 24th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 520th most imported product in Russia. Russia imports Steam Turbines primarily from: Japan ($14.5M), China ($13.3M), Czechia ($5.97M), Austria ($2.93M), and United States ($2.77M).

The fastest growing import markets in Steam Turbines for Russia between 2021 and 2022 were China ($9.89M), Japan ($9.69M), and Austria ($2.73M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

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

The following visualization shows the latest trends on Steam Turbines. Countries are shown based on data availability.

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

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Historical Data

Trade Balance

Color
EXPORTS (2022)$43.8M
IMPORTS (2022)$43.1M
NET TRADE (2022)$723k

In 2022, Russia exported $43.8M in Steam Turbines. The main destinations of Russia exports on Steam Turbines were India ($20.4M), Kazakhstan ($16.7M), Turkey ($2.53M), Georgia ($1.24M), and Uzbekistan ($889k).

In 2022, Russia imported $43.1M in Steam Turbines, mainly from Japan ($14.5M), China ($13.3M), Czechia ($5.97M), Austria ($2.93M), and United States ($2.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Kazakhstan$8.49M (104%)
Turkey$2.53M (1%)
Georgia$1.24M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Russia WERE (2021 - 2022):
Bangladesh-$119M (-100%)
India-$105M (-83.7%)
Uzbekistan-$11.4M (-92.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Steam Turbines were:
In 2022, Russia's main importing competitors in Steam Turbines were:

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $1.21M
TOP IMPORT POTENTIALChina+ $6.5M

Steam Turbines’s highest export potential is Turkey. With an export gap of $1.21M.   Steam Turbines’s highest import potential is China with an import gap of $6.5M.

See methodology.

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