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850980 (Harmonized System 1992 for 6-digit)

2022
World Trade $10.6BRnk 369 / 4648
2022
Top Exporter | Top Importer $6.28B | $2.47BChina | United States
2022
Product Complexity 0.58Rnk 1502 / 4653
2021 - 2022
Export Growth (CAGR) -8.88%Rnk 3880 / 4648
2022
Share of World Trade 0.045%Rnk 369 / 4648

About

Overview This page contains the latest trade data of Domestic appliances, with electric motor, nes. In 2022, Domestic appliances, with electric motor, nes were the world's 369th most traded product, with a total trade of $10.6B. Between 2021 and 2022 the exports of Domestic appliances, with electric motor, nes decreased by -8.88%, from $11.6B to $10.6B. Trade in Domestic appliances, with electric motor, nes represent 0.045% of total world trade.

Domestic appliances, with electric motor, nes are a part of Other Domestic Electric Housewares.

Exports In 2022 the top exporters of Domestic appliances, with electric motor, nes  were China ($6.28B), Germany ($956M), Hungary ($523M), Netherlands ($444M), and Poland ($332M).

Imports In 2022 the top importers of Domestic appliances, with electric motor, nes were United States ($2.47B), Germany ($1.24B), Japan ($568M), France ($436M), and Netherlands ($427M).

Ranking Domestic appliances, with electric motor, nes ranks 1502nd in the Product Complexity Index (PCI).

Description Household appliances are devices that are used in households to perform a variety of tasks. Appliances are powered by electric motors that convert electrical energy into mechanical energy. Appliances include a range of devices from major appliances, such as refrigerators, ovens, and dishwashers, to smaller appliances such as microwaves, coffee machines, and toasters. As they are ubiquitous in the modern household, they are found in nearly every kitchen and are used by people of all ages.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Domestic appliances, with electric motor, nes. 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 (2022)China$6.28B
Top Destination (2022)United States$2.47B

In 2022 Domestic appliances, with electric motor, nes were the world's 369th most traded product (out of 4,648).

In 2022, the top exporters of Domestic appliances, with electric motor, nes were China ($6.28B), Germany ($956M), Hungary ($523M), Netherlands ($444M), and Poland ($332M).

In 2022, the top importers of Domestic appliances, with electric motor, nes were United States ($2.47B), Germany ($1.24B), Japan ($568M), France ($436M), and Netherlands ($427M).

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Exporters of Domestic appliances, with electric motor, nes (2022)
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Importers of Domestic appliances, with electric motor, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Spain$28M
Top Destination Growth (2021 -  2022)United States$56.3M

Between 2021 and 2022, the exports of Domestic appliances, with electric motor, nes grew the fastest in Spain ($28M), Indonesia ($21.9M), Cambodia ($20.9M), South Korea ($17M), and Hong Kong ($15.9M).

Between 2021 and 2022, the fastest growing importers of Domestic appliances, with electric motor, nes were United States ($56.3M), Chinese Taipei ($39.8M), Singapore ($22M), Australia ($20.1M), and Vietnam ($19M).

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Exporters of Domestic appliances, with electric motor, nes (2021 - 2022)

Importers of Domestic appliances, with electric motor, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Domestic appliances, with electric motor, nes.

In 2022, market concentration measured using Shannon Entropy, was 2.71. This means that most of the exports of Domestic appliances, with electric motor, nes are explained by 6 countries.

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Value of Exports in Domestic appliances, with electric motor, nes

Net Trade

TOP NET EXPORTER (2022)China$6.12B
TOP NET IMPORTER (2022)United States$2.28B

This map shows which countries export or import more of Domestic appliances, with electric motor, nes. Each country is colored based on the difference in exports and imports of Domestic appliances, with electric motor, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Domestic appliances, with electric motor, nes were China ($6.12B), Hungary ($262M), Cambodia ($67.5M), Indonesia ($31.3M), and Malaysia ($23.8M).

In 2022, the countries that had a largest trade value in imports than in exports of Domestic appliances, with electric motor, nes were United States ($2.28B), Japan ($514M), Russia ($321M), Canada ($294M), and United Kingdom ($283M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Domestic appliances, with electric motor, nes.
It is possible to select the main countries that export or import Domestic appliances, with electric motor, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Domestic appliances, with electric motor, nes 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 (2022)

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