Furnaces and ovens; electric, for industrial or laboratory use, resistance heated; hot isostatic presses

851411 (Harmonized System 2022 for 6-digit)

About

Overview This page contains the latest trade data of Electric resistance heated furnaces; hot isostatic presses. In 2022, Electric resistance heated furnaces; hot isostatic presses were the world's 4429th most traded product, with a total trade of $141M.

Electric resistance heated furnaces; hot isostatic presses are a part of Electric Furnaces.

Exports In 2022 the top exporters of Electric resistance heated furnaces; hot isostatic presses  were Sweden ($47.1M), Germany ($15.1M), United States ($14.6M), Italy ($12.8M), and Japan ($9.7M).

Imports In 2022 the top importers of Electric resistance heated furnaces; hot isostatic presses were China ($42.2M), United States ($31.9M), Mexico ($5.72M), Spain ($4.66M), and Germany ($4.3M).

Ranking Electric resistance heated furnaces; hot isostatic presses ranks 438th in the Product Complexity Index (PCI).

Latest Data

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The following visualization shows the latest trends on Electric resistance heated furnaces; hot isostatic presses. 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)Sweden$47.1M
Top Destination (2022)China$42.2M

In 2022 Electric resistance heated furnaces; hot isostatic presses were the world's 4429th most traded product (out of 5,606).

In 2022, the top exporters of Electric resistance heated furnaces; hot isostatic presses were Sweden ($47.1M), Germany ($15.1M), United States ($14.6M), Italy ($12.8M), and Japan ($9.7M).

In 2022, the top importers of Electric resistance heated furnaces; hot isostatic presses were China ($42.2M), United States ($31.9M), Mexico ($5.72M), Spain ($4.66M), and Germany ($4.3M).

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Exporters of Electric resistance heated furnaces; hot isostatic presses (2022)
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Importers of Electric resistance heated furnaces; hot isostatic presses (2022)
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Market Dynamics

Color
Top Origin Growth (false -  2022)Sweden$47.1M
Top Destination Growth (false -  2022)China$42.2M

Between false and 2022, the exports of Electric resistance heated furnaces; hot isostatic presses grew the fastest in Sweden ($47.1M), Germany ($15.1M), United States ($14.6M), Italy ($12.8M), and Japan ($9.7M).

Between false and 2022, the fastest growing importers of Electric resistance heated furnaces; hot isostatic presses were China ($42.2M), United States ($31.9M), Mexico ($5.72M), Spain ($4.66M), and Germany ($4.3M).

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Exporters of Electric resistance heated furnaces; hot isostatic presses (NaN - 2022)

Importers of Electric resistance heated furnaces; hot isostatic presses (NaN - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric resistance heated furnaces; hot isostatic presses.

In 2022, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Electric resistance heated furnaces; hot isostatic presses are explained by 11 countries.

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Value of Exports in Electric resistance heated furnaces; hot isostatic presses

Net Trade

TOP NET EXPORTER (2022)Sweden$46.5M
TOP NET IMPORTER (2022)China$35.7M

This map shows which countries export or import more of Electric resistance heated furnaces; hot isostatic presses. Each country is colored based on the difference in exports and imports of Electric resistance heated furnaces; hot isostatic presses during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electric resistance heated furnaces; hot isostatic presses were Sweden ($46.5M), Italy ($11.8M), Germany ($10.8M), Japan ($8.83M), and Canada ($5.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric resistance heated furnaces; hot isostatic presses were China ($35.7M), United States ($17.3M), Mexico ($5.35M), Spain ($3.53M), and Colombia ($3.28M).

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 resistance heated furnaces; hot isostatic presses.
It is possible to select the main countries that export or import Electric resistance heated furnaces; hot isostatic presses in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric resistance heated furnaces; hot isostatic presses 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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