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732181 (Harmonized System 1992 for 6-digit)

2023
World Trade $780MRnk 2396 / 4644
2023
Top Exporter | Top Importer $446M | $349MChina | United States
2023
Product Complexity -0.12Rnk 2718 / 4656
2022 - 2023
Export Growth (CAGR) -30.2%Rnk 4234 / 4644
2023
Share of World Trade 0.0034%Rnk 2396 / 4644

About

Overview This page contains the latest trade data of Domestic iron/steel liquid/solid fuel appliances nes. In 2023, Domestic iron/steel liquid/solid fuel appliances nes were the world's 2396th most traded product, with a total trade of $780M. Between 2022 and 2023 the exports of Domestic iron/steel liquid/solid fuel appliances nes decreased by -30.2%, from $1.12B to $780M. Trade in Domestic iron/steel liquid/solid fuel appliances nes represent 0.0034% of total world trade.

Domestic iron/steel liquid/solid fuel appliances nes are a part of Iron Stovetops.

Exports In 2023 the top exporters of Domestic iron/steel liquid/solid fuel appliances nes  were China ($446M), Canada ($59.9M), United States ($26.1M), Netherlands ($23.1M), and Israel ($20.8M).

Imports In 2023 the top importers of Domestic iron/steel liquid/solid fuel appliances nes were United States ($349M), Canada ($49.8M), Germany ($34.3M), United Kingdom ($30.5M), and Australia ($27.7M).

Ranking Domestic iron/steel liquid/solid fuel appliances nes ranks 2718th in the Product Complexity Index (PCI).

Description Common uses of domestic iron/steel liquid/solid fuel appliances are to keep a building warm, to cook food, and to provide light.

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Domestic iron/steel liquid/solid fuel appliances 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 (2023)China$446M
Top Destination (2023)United States$349M

In 2023 Domestic iron/steel liquid/solid fuel appliances nes were the world's 2396th most traded product (out of 4,644).

In 2023, the top exporters of Domestic iron/steel liquid/solid fuel appliances nes were China ($446M), Canada ($59.9M), United States ($26.1M), Netherlands ($23.1M), and Israel ($20.8M).

In 2023, the top importers of Domestic iron/steel liquid/solid fuel appliances nes were United States ($349M), Canada ($49.8M), Germany ($34.3M), United Kingdom ($30.5M), and Australia ($27.7M).

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Exporters of Domestic iron/steel liquid/solid fuel appliances nes (2023)
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Importers of Domestic iron/steel liquid/solid fuel appliances nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$6.4M
Top Destination Growth (2022 -  2023)Algeria$6.56M

Between 2022 and 2023, the exports of Domestic iron/steel liquid/solid fuel appliances nes grew the fastest in Vietnam ($6.4M), Spain ($2.67M), Japan ($2.4M), Ukraine ($2.14M), and Portugal ($1.24M).

Between 2022 and 2023, the fastest growing importers of Domestic iron/steel liquid/solid fuel appliances nes were Algeria ($6.56M), Georgia ($2.56M), Egypt ($2.02M), Saudi Arabia ($1.5M), and Mexico ($1.39M).

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Exporters of Domestic iron/steel liquid/solid fuel appliances nes (2022 - 2023)

Importers of Domestic iron/steel liquid/solid fuel appliances nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Domestic iron/steel liquid/solid fuel appliances nes.

In 2023, market concentration measured using Shannon Entropy, was 2.96. This means that most of the exports of Domestic iron/steel liquid/solid fuel appliances nes are explained by 7 countries.

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Value of Exports in Domestic iron/steel liquid/solid fuel appliances nes

Net Trade

TOP NET EXPORTER (2023)China$442M
TOP NET IMPORTER (2023)United States$322M

This map shows which countries export or import more of Domestic iron/steel liquid/solid fuel appliances nes. Each country is colored based on the difference in exports and imports of Domestic iron/steel liquid/solid fuel appliances nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Domestic iron/steel liquid/solid fuel appliances nes were China ($442M), Israel ($18.1M), Turkey ($15.2M), Vietnam ($15M), and Iran ($10.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Domestic iron/steel liquid/solid fuel appliances nes were United States ($322M), Australia ($26.9M), United Kingdom ($24.5M), France ($19M), and Germany ($14.8M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Domestic iron/steel liquid/solid fuel appliances 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 (2023)

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