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841720 (Harmonized System 1992 for 6-digit)

2023
World Trade $451MRnk 2959 / 4644
2023
Top Exporter | Top Importer $107M | $43.6MItaly | United States
2023
Product Complexity 0.58Rnk 1524 / 4656
2022 - 2023
Export Growth (CAGR) 2.96%Rnk 1230 / 4644
2023
Share of World Trade 0.002%Rnk 2959 / 4644

About

Overview This page contains the latest trade data of Bakery ovens, etc non-electric. In 2023, Bakery ovens, etc non-electric were the world's 2959th most traded product, with a total trade of $451M. Between 2022 and 2023 the exports of Bakery ovens, etc non-electric grew by 2.96%, from $438M to $451M. Trade in Bakery ovens, etc non-electric represent 0.002% of total world trade.

Bakery ovens, etc non-electric are a part of Industrial Furnaces.

Exports In 2023 the top exporters of Bakery ovens, etc non-electric  were Italy ($107M), China ($54.4M), United States ($53.7M), Germany ($35M), and Denmark ($26.4M).

Imports In 2023 the top importers of Bakery ovens, etc non-electric were United States ($43.6M), Mexico ($35.2M), Indonesia ($20.6M), Canada ($18.4M), and India ($17.8M).

Ranking Bakery ovens, etc non-electric ranks 1524th in the Product Complexity Index (PCI).

Description A bakery oven is used to make bread and other baked goods. There are two types of ovens: convection and non-convection. The convection oven circulates hot air on the food to brown it quickly. A brick oven is a type of oven that is used to cook pizza. You can shape the dough into a round shape and place it on the floor of the oven. The brick oven is heated by burning wood, coal, or gas. A gas oven is a type of oven that uses natural gas, propane, or butane,

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bakery ovens, etc non-electric. Countries are shown based on data availability.

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

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)Italy$107M
Top Destination (2023)United States$43.6M

In 2023 Bakery ovens, etc non-electric were the world's 2959th most traded product (out of 4,644).

In 2023, the top exporters of Bakery ovens, etc non-electric were Italy ($107M), China ($54.4M), United States ($53.7M), Germany ($35M), and Denmark ($26.4M).

In 2023, the top importers of Bakery ovens, etc non-electric were United States ($43.6M), Mexico ($35.2M), Indonesia ($20.6M), Canada ($18.4M), and India ($17.8M).

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Exporters of Bakery ovens, etc non-electric (2023)
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Importers of Bakery ovens, etc non-electric (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Netherlands$7.59M
Top Destination Growth (2022 -  2023)Mexico$18.6M

Between 2022 and 2023, the exports of Bakery ovens, etc non-electric grew the fastest in Netherlands ($7.59M), Denmark ($6.86M), United States ($6.51M), Australia ($5.56M), and Austria ($4.21M).

Between 2022 and 2023, the fastest growing importers of Bakery ovens, etc non-electric were Mexico ($18.6M), United States ($8.66M), Turkey ($6.24M), Italy ($5.88M), and Greece ($4.59M).

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Exporters of Bakery ovens, etc non-electric (2022 - 2023)

Importers of Bakery ovens, etc non-electric (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bakery ovens, etc non-electric.

In 2023, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Bakery ovens, etc non-electric are explained by 16 countries.

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Value of Exports in Bakery ovens, etc non-electric

Net Trade

TOP NET EXPORTER (2023)Italy$95.3M
TOP NET IMPORTER (2023)Mexico$34.1M

This map shows which countries export or import more of Bakery ovens, etc non-electric. Each country is colored based on the difference in exports and imports of Bakery ovens, etc non-electric during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Bakery ovens, etc non-electric were Italy ($95.3M), China ($46.6M), Denmark ($25.8M), Germany ($24.2M), and Netherlands ($16.1M).

In 2023, the countries that had a largest trade value in imports than in exports of Bakery ovens, etc non-electric were Mexico ($34.1M), Indonesia ($19.3M), India ($13.2M), Greece ($11.8M), and Saudi Arabia ($8.94M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Bakery ovens, etc non-electric.
It is possible to select the main countries that export or import Bakery ovens, etc non-electric in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bakery ovens, etc non-electric by percentage of total exports

Product Complexity

Diversification Frontier

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.

Relatedness vs Country Complexity (2023)

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