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841610 (Harmonized System 1992 for 6-digit)

2023
World Trade $427MRnk 3011 / 4644
2023
Top Exporter | Top Importer $179M | $184MSouth Korea | Indonesia
2023
Product Complexity 0.38Rnk 1882 / 4656
2022 - 2023
Export Growth (CAGR) 74.6%Rnk 40 / 4644
2023
Share of World Trade 0.0019%Rnk 3011 / 4644

About

Overview This page contains the latest trade data of Furnace burners for liquid fuel. In 2023, Furnace burners for liquid fuel were the world's 3011th most traded product, with a total trade of $427M. Between 2022 and 2023 the exports of Furnace burners for liquid fuel grew by 74.6%, from $244M to $427M. Trade in Furnace burners for liquid fuel represent 0.0019% of total world trade.

Furnace burners for liquid fuel are a part of Liquid Fuel Furnaces.

Exports In 2023 the top exporters of Furnace burners for liquid fuel  were South Korea ($179M), Italy ($66M), Germany ($58M), China ($22.6M), and United States ($16.8M).

Imports In 2023 the top importers of Furnace burners for liquid fuel were Indonesia ($184M), Canada ($15.8M), China ($13.3M), United Kingdom ($12.6M), and Germany ($12.2M).

Ranking Furnace burners for liquid fuel ranks 1882nd in the Product Complexity Index (PCI).

Description Furnace burners are used to burn liquid fuels. They come in a variety of sizes and are usually installed in the base of the furnace. The size of the furnace and the type of fuel that is burned will determine the number and size of the burners. Burners are typically located at the front of the furnace because this is where the heat is needed the most. Furnace burners are used in residential and commercial furnaces.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Furnace burners for liquid fuel. 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)South Korea$179M
Top Destination (2023)Indonesia$184M

In 2023 Furnace burners for liquid fuel were the world's 3011th most traded product (out of 4,644).

In 2023, the top exporters of Furnace burners for liquid fuel were South Korea ($179M), Italy ($66M), Germany ($58M), China ($22.6M), and United States ($16.8M).

In 2023, the top importers of Furnace burners for liquid fuel were Indonesia ($184M), Canada ($15.8M), China ($13.3M), United Kingdom ($12.6M), and Germany ($12.2M).

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Exporters of Furnace burners for liquid fuel (2023)
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Importers of Furnace burners for liquid fuel (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)South Korea$177M
Top Destination Growth (2022 -  2023)Indonesia$180M

Between 2022 and 2023, the exports of Furnace burners for liquid fuel grew the fastest in South Korea ($177M), Germany ($9.46M), France ($2.16M), Malaysia ($1.51M), and Belgium ($1.49M).

Between 2022 and 2023, the fastest growing importers of Furnace burners for liquid fuel were Indonesia ($180M), Italy ($6.48M), South Korea ($4.91M), Turkey ($3.24M), and Switzerland ($3.11M).

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Exporters of Furnace burners for liquid fuel (2022 - 2023)

Importers of Furnace burners for liquid fuel (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Furnace burners for liquid fuel.

In 2023, market concentration measured using Shannon Entropy, was 3.13. This means that most of the exports of Furnace burners for liquid fuel are explained by 8 countries.

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Value of Exports in Furnace burners for liquid fuel

Net Trade

TOP NET EXPORTER (2023)South Korea$168M
TOP NET IMPORTER (2023)Indonesia$183M

This map shows which countries export or import more of Furnace burners for liquid fuel. Each country is colored based on the difference in exports and imports of Furnace burners for liquid fuel during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Furnace burners for liquid fuel were South Korea ($168M), Italy ($56.9M), Germany ($45.8M), China ($9.33M), and United States ($8.28M).

In 2023, the countries that had a largest trade value in imports than in exports of Furnace burners for liquid fuel were Indonesia ($183M), Canada ($12.3M), Switzerland ($9.19M), Ireland ($8.94M), and United Kingdom ($8.17M).

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 Furnace burners for liquid fuel.
It is possible to select the main countries that export or import Furnace burners for liquid fuel in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Furnace burners for liquid fuel 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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