2022
Exports
$38.3kWorld Rnk 109 / 159
Flag Rnk 779 / 1103
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$5.34MWorld Rnk 80 / 209
Flag Rnk 441 / 1174
2022
ECONOMIC COMPLEXITY of Kenya
-0.5Rnk 87 / 133

About

Exports In 2022, Kenya exported $38.3k in Electric Furnaces, making it the 109th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 779th most exported product in Kenya. The main destination of Electric Furnaces exports from Kenya are: Ghana ($17.3k), Singapore ($10.8k), Somalia ($4.43k), United Kingdom ($3.39k), and Rwanda ($1.77k).

The fastest growing export markets for Electric Furnaces of Kenya between 2021 and 2022 were Ghana ($17.3k), Singapore ($10.8k), and Ireland ($505).

Imports In 2022, Kenya imported $5.34M in Electric Furnaces, becoming the 80th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 441st most imported product in Kenya. Kenya imports Electric Furnaces primarily from: India ($1.63M), Belgium ($788k), France ($745k), China ($699k), and Turkey ($523k).

The fastest growing import markets in Electric Furnaces for Kenya between 2021 and 2022 were Belgium ($334k), Italy ($127k), and Australia ($113k).

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 Electric Furnaces. 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)$38.3k
IMPORTS (2022)$5.34M
NET TRADE (2022)-$5.31M

In 2022, Kenya exported $38.3k in Electric Furnaces. The main destinations of Kenya exports on Electric Furnaces were Ghana ($17.3k), Singapore ($10.8k), Somalia ($4.43k), United Kingdom ($3.39k), and Rwanda ($1.77k).

In 2022, Kenya imported $5.34M in Electric Furnaces, mainly from India ($1.63M), Belgium ($788k), France ($745k), China ($699k), and Turkey ($523k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Kenya WERE (2021 - 2022):
Ghana$17.3k (1%)
Singapore$10.8k (1%)
Ireland$505 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Kenya WERE (2021 - 2022):
Mozambique-$47.6k (-100%)
United Kingdom-$34.2k (-91%)
Uganda-$12.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Kenya's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Kenya's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $7.5k
TOP IMPORT POTENTIALChina+ $647k

Electric Furnaces’s highest export potential is Singapore. With an export gap of $7.5k.   Electric Furnaces’s highest import potential is China with an import gap of $647k.

See methodology.

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