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Furnaces and ovens; electric, for industrial or laboratory use, other than those functioning by induction, dielectric loss or resistance heated, plasma and vacuum arc furnaces

851432 (Harmonized System 2022 for 6-digit)

2022
World Trade $103MRnk 4642 / 5606
2022
Top Exporter | Top Importer $35.5M | $35.5MSouth Africa | Brazil
2022
Product Complexity 1.16Rnk 565 / 5606
2022
Share of World Trade 0.00044%Rnk 4642 / 5606

About

Overview This page contains the latest trade data of Electric plasma and vacuum arc furnaces. In 2022, Electric plasma and vacuum arc furnaces were the world's 4642nd most traded product, with a total trade of $103M.

Electric plasma and vacuum arc furnaces are a part of Electric Furnaces.

Exports In 2022 the top exporters of Electric plasma and vacuum arc furnaces  were South Africa ($35.5M), Germany ($28.5M), China ($14.3M), Austria ($6.58M), and United States ($5.23M).

Imports In 2022 the top importers of Electric plasma and vacuum arc furnaces were Brazil ($35.5M), China ($27.5M), Indonesia ($7.06M), United States ($5.25M), and Thailand ($3.98M).

Ranking Electric plasma and vacuum arc furnaces ranks 565th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric plasma and vacuum arc furnaces. 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)South Africa$35.5M
Top Destination (2022)Brazil$35.5M

In 2022 Electric plasma and vacuum arc furnaces were the world's 4642nd most traded product (out of 5,606).

In 2022, the top exporters of Electric plasma and vacuum arc furnaces were South Africa ($35.5M), Germany ($28.5M), China ($14.3M), Austria ($6.58M), and United States ($5.23M).

In 2022, the top importers of Electric plasma and vacuum arc furnaces were Brazil ($35.5M), China ($27.5M), Indonesia ($7.06M), United States ($5.25M), and Thailand ($3.98M).

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Exporters of Electric plasma and vacuum arc furnaces (2022)
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Importers of Electric plasma and vacuum arc furnaces (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (false -  2022)South Africa$35.5M
Top Destination Growth (false -  2022)Brazil$35.5M

Between false and 2022, the exports of Electric plasma and vacuum arc furnaces grew the fastest in South Africa ($35.5M), Germany ($28.5M), China ($14.3M), Austria ($6.58M), and United States ($5.23M).

Between false and 2022, the fastest growing importers of Electric plasma and vacuum arc furnaces were Brazil ($35.5M), China ($27.5M), Indonesia ($7.06M), United States ($5.25M), and Thailand ($3.98M).

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Exporters of Electric plasma and vacuum arc furnaces (NaN - 2022)

Importers of Electric plasma and vacuum arc furnaces (NaN - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric plasma and vacuum arc furnaces.

In 2022, market concentration measured using Shannon Entropy, was 2.73. This means that most of the exports of Electric plasma and vacuum arc furnaces are explained by 6 countries.

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Value of Exports in Electric plasma and vacuum arc furnaces

Net Trade

TOP NET EXPORTER (2022)South Africa$35.4M
TOP NET IMPORTER (2022)Brazil$35.4M

This map shows which countries export or import more of Electric plasma and vacuum arc furnaces. Each country is colored based on the difference in exports and imports of Electric plasma and vacuum arc furnaces during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electric plasma and vacuum arc furnaces were South Africa ($35.4M), Germany ($27.7M), Austria ($6.12M), Japan ($3.46M), and Canada ($1.88M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric plasma and vacuum arc furnaces were Brazil ($35.4M), China ($13.2M), Thailand ($3.96M), Russia ($3.47M), and India ($3.21M).

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 Electric plasma and vacuum arc furnaces.
It is possible to select the main countries that export or import Electric plasma and vacuum arc furnaces in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric plasma and vacuum arc furnaces 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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