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841710 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.14BRnk 1966 / 4644
2023
Top Exporter | Top Importer $503M | $133MChina | United States
2023
Product Complexity 0.8Rnk 1120 / 4656
2022 - 2023
Export Growth (CAGR) -1.72%Rnk 1724 / 4644
2023
Share of World Trade 0.005%Rnk 1966 / 4644

About

Overview This page contains the latest trade data of Furnaces/ovens non-electric for ores/pyrites/metals. In 2023, Furnaces/ovens non-electric for ores/pyrites/metals were the world's 1966th most traded product, with a total trade of $1.14B. Between 2022 and 2023 the exports of Furnaces/ovens non-electric for ores/pyrites/metals decreased by -1.72%, from $1.16B to $1.14B. Trade in Furnaces/ovens non-electric for ores/pyrites/metals represent 0.005% of total world trade.

Furnaces/ovens non-electric for ores/pyrites/metals are a part of Industrial Furnaces.

Exports In 2023 the top exporters of Furnaces/ovens non-electric for ores/pyrites/metals  were China ($503M), Germany ($100M), Italy ($97.1M), United States ($55.2M), and Czechia ($51.3M).

Imports In 2023 the top importers of Furnaces/ovens non-electric for ores/pyrites/metals were United States ($133M), Turkey ($129M), Indonesia ($97.6M), India ($90.4M), and Malaysia ($86.5M).

Ranking Furnaces/ovens non-electric for ores/pyrites/metals ranks 1120th in the Product Complexity Index (PCI).

Description The common use of furnaces/ovens is to provide a controlled, elevated temperature for the smelting of ores and the roasting of pyrites and metals.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Furnaces/ovens non-electric for ores/pyrites/metals. 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)China$503M
Top Destination (2023)United States$133M

In 2023 Furnaces/ovens non-electric for ores/pyrites/metals were the world's 1966th most traded product (out of 4,644).

In 2023, the top exporters of Furnaces/ovens non-electric for ores/pyrites/metals were China ($503M), Germany ($100M), Italy ($97.1M), United States ($55.2M), and Czechia ($51.3M).

In 2023, the top importers of Furnaces/ovens non-electric for ores/pyrites/metals were United States ($133M), Turkey ($129M), Indonesia ($97.6M), India ($90.4M), and Malaysia ($86.5M).

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Exporters of Furnaces/ovens non-electric for ores/pyrites/metals (2023)
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Importers of Furnaces/ovens non-electric for ores/pyrites/metals (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Czechia$27.3M
Top Destination Growth (2022 -  2023)Malaysia$65.1M

Between 2022 and 2023, the exports of Furnaces/ovens non-electric for ores/pyrites/metals grew the fastest in Czechia ($27.3M), South Korea ($25.7M), Turkey ($19.3M), Austria ($10.4M), and United States ($7.68M).

Between 2022 and 2023, the fastest growing importers of Furnaces/ovens non-electric for ores/pyrites/metals were Malaysia ($65.1M), India ($56.5M), United States ($54.3M), Turkey ($39.8M), and Germany ($22.4M).

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Exporters of Furnaces/ovens non-electric for ores/pyrites/metals (2022 - 2023)

Importers of Furnaces/ovens non-electric for ores/pyrites/metals (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Furnaces/ovens non-electric for ores/pyrites/metals.

In 2023, market concentration measured using Shannon Entropy, was 3.3. This means that most of the exports of Furnaces/ovens non-electric for ores/pyrites/metals are explained by 9 countries.

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Value of Exports in Furnaces/ovens non-electric for ores/pyrites/metals

Net Trade

TOP NET EXPORTER (2023)China$441M
TOP NET IMPORTER (2023)Indonesia$97.5M

This map shows which countries export or import more of Furnaces/ovens non-electric for ores/pyrites/metals. Each country is colored based on the difference in exports and imports of Furnaces/ovens non-electric for ores/pyrites/metals during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Furnaces/ovens non-electric for ores/pyrites/metals were China ($441M), Italy ($75.5M), Germany ($55.7M), South Korea ($44.3M), and Czechia ($38.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Furnaces/ovens non-electric for ores/pyrites/metals were Indonesia ($97.5M), Turkey ($96.4M), Malaysia ($84.9M), United States ($78M), and India ($63.1M).

Net Trade (2023)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Furnaces/ovens non-electric for ores/pyrites/metals.
It is possible to select the main countries that export or import Furnaces/ovens non-electric for ores/pyrites/metals in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Furnaces/ovens non-electric for ores/pyrites/metals 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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