Electromagnets

Overview This page contains the latest trade data of Electromagnets. In 2023, Electromagnets were the world's 321st most traded product, with a total trade of $11.8B. Between 2022 and 2023 the exports of Electromagnets decreased by -10.7%, from $13.2B to $11.8B. Trade in Electromagnets represent 0.052% of total world trade.

Electromagnets are a part of Electrical machinery and electronics. They include Metal permanent magnets, articles intended as magnets, Electro-magnets nes and parts of magnetic devices, Permanent magnets & articles intended as magnets, nes, Electro-magnetic couplings, clutches and brakes, and Electro-magnetic lifting heads.

Exports In 2023 the top exporters of Electromagnets  were China ($5.34B), Germany ($1.17B), Japan ($974M), Philippines ($545M), and Vietnam ($463M).

Imports In 2023 the top importers of Electromagnets were Germany ($1.39B), United States ($1.33B), Japan ($1.01B), China ($665M), and South Korea ($626M).

Ranking Electromagnets ranks 156th in the Product Complexity Index (PCI).

Description Electromagnets are used to attract or repel magnetic materials. They can be made from a variety of materials, including iron, steel, nickel, cobalt and neodymium. Permanent magnets are used in the production of electric motors and generators. They can be made from a variety of materials, including ferrite, samarium-cobalt, and neodymium-iron-boron.