Overview This page contains the latest trade data of Electro-magnets nes and parts of magnetic devices. In 2022, Electro-magnets nes and parts of magnetic devices were the world's 1062nd most traded product, with a total trade of $3.4B. Between 2021 and 2022 the exports of Electro-magnets nes and parts of magnetic devices grew by 2.99%, from $3.3B to $3.4B. Trade in Electro-magnets nes and parts of magnetic devices represent 0.014% of total world trade.
Electro-magnets nes and parts of magnetic devices are a part of Electromagnets.
Exports In 2022 the top exporters of Electro-magnets nes and parts of magnetic devices were China ($771M), Germany ($551M), Japan ($402M), United States ($216M), and South Korea ($143M).
Imports In 2022 the top importers of Electro-magnets nes and parts of magnetic devices were United States ($531M), China ($439M), Germany ($430M), Japan ($160M), and Mexico ($142M).
Ranking Electro-magnets nes and parts of magnetic devices ranks 740th in the Product Complexity Index (PCI).
Description Electro-magnets are used in many different industrial fields, such as in the sorting of products on the assembly line, in the production of paper, in the production of steel, and for pumping molten steel. Electro-magnets are also used in the production of textiles.