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Hydraulic turbines: top exporters and importers (2024)

In 2024, world trade in hydraulic turbines totaled $1.1 billion (59 thousand tonnes). The top exporters were China (29%), Germany (14%) and Italy (8%); the top importers were Mexico (8%), Austria (7%) and the United States (6%). Compared with 2019, the value fell 10%.

Summary

World trade
$1.1billion
Tonnes
59thousand tonnes
Price per tonne
$18,462
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. China$321 million · 28.9%
  2. Germany$156 million · 14.1%
  3. Italy$94 million · 8.5%
  4. Czechia$73 million · 6.6%
  5. India$72 million · 6.5%
  6. Austria$71 million · 6.4%
  7. Slovenia$35 million · 3.2%
  8. Spain$30 million · 2.7%
  9. Brazil$30 million · 2.7%
  10. United States$25 million · 2.2%
  11. Turkey$22 million · 1.9%
  12. Slovakia$19 million · 1.7%
  13. Canada$19 million · 1.7%
  14. France$19 million · 1.7%
  15. United Kingdom$15 million · 1.4%
  16. Russia$12 million · 1.1%
  17. Sweden$7 million · 0.65%
  18. Bulgaria$7 million · 0.63%
  19. Switzerland$7 million · 0.62%
  20. Netherlands$7 million · 0.6%
    re-exports

Top importers

  1. Mexico$87 million · 7.8%
  2. Austria$74 million · 6.7%
  3. United States$65 million · 5.9%
  4. Indonesia$47 million · 4.2%
  5. Nepal$46 million · 4.2%
  6. Pakistan$46 million · 4.2%
  7. Ukraine$42 million · 3.8%
  8. Vietnam$40 million · 3.6%
  9. Ethiopia$36 million · 3.2%
  10. Japan$33 million · 3%
  11. Switzerland$30 million · 2.7%
  12. Germany$27 million · 2.4%
  13. Australia$25 million · 2.2%
  14. Norway$24 million · 2.2%
  15. Malaysia$24 million · 2.1%
  16. Italy$23 million · 2.1%
  17. United Kingdom$22 million · 2%
  18. France$22 million · 2%
  19. Canada$21 million · 1.9%
  20. Spain$21 million · 1.9%

Trend

Who sells it

China has been the top exporter since 2007

Value in USD millions. The five largest exporters in 2024.

  • China 321
  • Germany 156
  • Italy 94
  • Czechia 72.9
  • India 72

Source: CEPII BACI

Show the numbers
Country19952024
China28.7321
Germany83.3156
Italy25.194
Czechia23.972.9
India0.3972

Price

Implied price

The price per tonne rose 9% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $18,462

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$16,923
1996$15,985
1997$11,982
1998$10,835
1999$11,898
2000$16,008
2001$10,813
2002$11,499
2003$12,892
2004$12,044
2005$11,377
2006$8,530
2007$16,092
2008$16,747
2009$17,256
2010$14,497
2011$19,579
2012$17,807
2013$19,051
2014$20,215
2015$16,519
2016$18,042
2017$18,586
2018$17,407
2019$14,913
2020$17,442
2021$11,454
2022$10,788
2023$16,950
2024$18,462

What it includes

  • 8410 · Hydraulic turbines

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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