NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

851440 (Harmonized System 1992 for 6-digit)

2023
World Trade $703MRnk 2495 / 4644
2023
Top Exporter | Top Importer $160M | $64.5MUnited States | China
2023
Product Complexity 1.13Rnk 571 / 4656
2022 - 2023
Export Growth (CAGR) 13.3%Rnk 495 / 4644
2023
Share of World Trade 0.0031%Rnk 2495 / 4644

About

Overview This page contains the latest trade data of Industrial induction/dielectric heating equipment nes. In 2023, Industrial induction/dielectric heating equipment nes were the world's 2495th most traded product, with a total trade of $703M. Between 2022 and 2023 the exports of Industrial induction/dielectric heating equipment nes grew by 13.3%, from $621M to $703M. Trade in Industrial induction/dielectric heating equipment nes represent 0.0031% of total world trade.

Industrial induction/dielectric heating equipment nes are a part of Electric Furnaces.

Exports In 2023 the top exporters of Industrial induction/dielectric heating equipment nes  were United States ($160M), Germany ($105M), China ($80.1M), Italy ($53.2M), and France ($36.1M).

Imports In 2023 the top importers of Industrial induction/dielectric heating equipment nes were China ($64.5M), United States ($64.2M), Malaysia ($53M), Canada ($52.3M), and Germany ($33.1M).

Ranking Industrial induction/dielectric heating equipment nes ranks 571st in the Product Complexity Index (PCI).

Description Industrial induction heating equipment is used to heat metal parts by using an electromagnetic coil placed inside an induction coil. Dielectric heating equipment is used to heat metal parts by using a radio frequency generator to generate a high voltage, high current pulse that is sent into an annular antenna.

Latest Trends

Latest Data

View
Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Industrial induction/dielectric heating equipment nes. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)United States$160M
Top Destination (2023)China$64.5M

In 2023 Industrial induction/dielectric heating equipment nes were the world's 2495th most traded product (out of 4,644).

In 2023, the top exporters of Industrial induction/dielectric heating equipment nes were United States ($160M), Germany ($105M), China ($80.1M), Italy ($53.2M), and France ($36.1M).

In 2023, the top importers of Industrial induction/dielectric heating equipment nes were China ($64.5M), United States ($64.2M), Malaysia ($53M), Canada ($52.3M), and Germany ($33.1M).

Explore Visualizations

Exporters of Industrial induction/dielectric heating equipment nes (2023)
[Click to Select a Country]

Importers of Industrial induction/dielectric heating equipment nes (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)China$28M
Top Destination Growth (2022 -  2023)Canada$28.6M

Between 2022 and 2023, the exports of Industrial induction/dielectric heating equipment nes grew the fastest in China ($28M), United States ($21.2M), Germany ($18.4M), Vietnam ($18.3M), and India ($5.99M).

Between 2022 and 2023, the fastest growing importers of Industrial induction/dielectric heating equipment nes were Canada ($28.6M), Malaysia ($23.2M), United Arab Emirates ($11M), Maldives ($8.9M), and South Korea ($8.25M).

Explore Visualizations

Exporters of Industrial induction/dielectric heating equipment nes (2022 - 2023)

Importers of Industrial induction/dielectric heating equipment nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Industrial induction/dielectric heating equipment nes.

In 2023, market concentration measured using Shannon Entropy, was 4.06. This means that most of the exports of Industrial induction/dielectric heating equipment nes are explained by 16 countries.

Explore Visualizations

Value of Exports in Industrial induction/dielectric heating equipment nes

Net Trade

TOP NET EXPORTER (2023)United States$95.4M
TOP NET IMPORTER (2023)Malaysia$48.8M

This map shows which countries export or import more of Industrial induction/dielectric heating equipment nes. Each country is colored based on the difference in exports and imports of Industrial induction/dielectric heating equipment nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Industrial induction/dielectric heating equipment nes were United States ($95.4M), Germany ($72.3M), Italy ($28.7M), France ($27.4M), and Norway ($19.5M).

In 2023, the countries that had a largest trade value in imports than in exports of Industrial induction/dielectric heating equipment nes were Malaysia ($48.8M), Canada ($42M), Mexico ($26.7M), India ($14.5M), and United Arab Emirates ($13.8M).

Net Trade (2023)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Industrial induction/dielectric heating equipment nes.
It is possible to select the main countries that export or import Industrial induction/dielectric heating equipment nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Industrial induction/dielectric heating equipment nes 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)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms