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841780 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.85BRnk 1497 / 4644
2023
Top Exporter | Top Importer $664M | $195MChina | Uzbekistan
2023
Product Complexity 0.78Rnk 1144 / 4656
2022 - 2023
Export Growth (CAGR) 19.2%Rnk 308 / 4644
2023
Share of World Trade 0.0082%Rnk 1497 / 4644

About

Overview This page contains the latest trade data of Industrial furnace, oven, incinerator non-electric ne. In 2023, Industrial furnace, oven, incinerator non-electric ne were the world's 1497th most traded product, with a total trade of $1.85B. Between 2022 and 2023 the exports of Industrial furnace, oven, incinerator non-electric ne grew by 19.2%, from $1.55B to $1.85B. Trade in Industrial furnace, oven, incinerator non-electric ne represent 0.0082% of total world trade.

Industrial furnace, oven, incinerator non-electric ne are a part of Industrial Furnaces.

Exports In 2023 the top exporters of Industrial furnace, oven, incinerator non-electric ne  were China ($664M), Germany ($226M), Italy ($185M), Czechia ($142M), and United States ($81.8M).

Imports In 2023 the top importers of Industrial furnace, oven, incinerator non-electric ne were Uzbekistan ($195M), Indonesia ($150M), India ($120M), China ($110M), and Netherlands ($87M).

Ranking Industrial furnace, oven, incinerator non-electric ne ranks 1144th in the Product Complexity Index (PCI).

Description Industrial furnaces are used to heat raw materials to a high temperature to melt, soften, coat, and convert the materials into a desired shape. Industrial ovens are used primarily to operate at a constant temperature to dry, cure, or cook food. Industrial incinerators are used for waste management by burning organic waste.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Industrial furnace, oven, incinerator non-electric ne. 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$664M
Top Destination (2023)Uzbekistan$195M

In 2023 Industrial furnace, oven, incinerator non-electric ne were the world's 1497th most traded product (out of 4,644).

In 2023, the top exporters of Industrial furnace, oven, incinerator non-electric ne were China ($664M), Germany ($226M), Italy ($185M), Czechia ($142M), and United States ($81.8M).

In 2023, the top importers of Industrial furnace, oven, incinerator non-electric ne were Uzbekistan ($195M), Indonesia ($150M), India ($120M), China ($110M), and Netherlands ($87M).

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Exporters of Industrial furnace, oven, incinerator non-electric ne (2023)
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Importers of Industrial furnace, oven, incinerator non-electric ne (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Czechia$99M
Top Destination Growth (2022 -  2023)Uzbekistan$157M

Between 2022 and 2023, the exports of Industrial furnace, oven, incinerator non-electric ne grew the fastest in Czechia ($99M), Germany ($77.7M), Denmark ($34.3M), Japan ($23.4M), and Lithuania ($23.4M).

Between 2022 and 2023, the fastest growing importers of Industrial furnace, oven, incinerator non-electric ne were Uzbekistan ($157M), India ($69.4M), Tanzania ($61.4M), Chinese Taipei ($56M), and China ($29.5M).

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Exporters of Industrial furnace, oven, incinerator non-electric ne (2022 - 2023)

Importers of Industrial furnace, oven, incinerator non-electric ne (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Industrial furnace, oven, incinerator non-electric ne.

In 2023, market concentration measured using Shannon Entropy, was 3.67. This means that most of the exports of Industrial furnace, oven, incinerator non-electric ne are explained by 12 countries.

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Value of Exports in Industrial furnace, oven, incinerator non-electric ne

Net Trade

TOP NET EXPORTER (2023)China$554M
TOP NET IMPORTER (2023)Uzbekistan$195M

This map shows which countries export or import more of Industrial furnace, oven, incinerator non-electric ne. Each country is colored based on the difference in exports and imports of Industrial furnace, oven, incinerator non-electric ne during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Industrial furnace, oven, incinerator non-electric ne were China ($554M), Germany ($214M), Italy ($178M), Czechia ($130M), and Japan ($39.4M).

In 2023, the countries that had a largest trade value in imports than in exports of Industrial furnace, oven, incinerator non-electric ne were Uzbekistan ($195M), Indonesia ($149M), India ($109M), Tanzania ($71.9M), and Netherlands ($64.9M).

Net Trade (2023)

Country Comparison

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This visualization shows the countries that have an important ratio of their trade related to Industrial furnace, oven, incinerator non-electric ne.
It is possible to select the main countries that export or import Industrial furnace, oven, incinerator non-electric ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Industrial furnace, oven, incinerator non-electric ne 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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