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851440 (Harmonized System 1992 for 6-digit)

2022
World Trade $690MRnk 2597 / 4648
2022
Top Exporter | Top ImporterfalseN/A | China
2022
Product Complexity 1.27Rnk 412 / 4653
2021 - 2022
Export Growth (CAGR) 14.9%Rnk 1121 / 4648
2022
Share of World Trade 0.0029%Rnk 2597 / 4648

About

Overview This page contains the latest trade data of Industrial induction/dielectric heating equipment nes. In 2022, Industrial induction/dielectric heating equipment nes were the world's 2597th most traded product, with a total trade of $690M. Between 2021 and 2022 the exports of Industrial induction/dielectric heating equipment nes grew by 14.9%, from $601M to $690M. Trade in Industrial induction/dielectric heating equipment nes represent 0.0029% of total world trade.

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

Exports In 2022 the top exporters of Industrial induction/dielectric heating equipment nes  were N/A.

Imports In 2022 the top importers of Industrial induction/dielectric heating equipment nes were China ($102M), United States ($68.5M), India ($38.4M), Germany ($30.8M), and Chinese Taipei ($29.3M).

Ranking Industrial induction/dielectric heating equipment nes ranks 412th 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

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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.

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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 Destination (2022)China$102M

In 2022 Industrial induction/dielectric heating equipment nes were the world's 2597th most traded product (out of 4,648).

In 2022, the top importers of Industrial induction/dielectric heating equipment nes were China ($102M), United States ($68.5M), India ($38.4M), Germany ($30.8M), and Chinese Taipei ($29.3M).

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Exporters of Industrial induction/dielectric heating equipment nes (2022)
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Importers of Industrial induction/dielectric heating equipment nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$69.1M
Top Destination Growth (2021 -  2022)Malaysia$19.8M

Between 2021 and 2022, the exports of Industrial induction/dielectric heating equipment nes grew the fastest in United States ($69.1M), Italy ($17.1M), Chinese Taipei ($6.5M), China ($5.36M), and Netherlands ($3.84M).

Between 2021 and 2022, the fastest growing importers of Industrial induction/dielectric heating equipment nes were Malaysia ($19.8M), South Korea ($10.4M), India ($8.65M), Chinese Taipei ($6.68M), and Canada ($6.62M).

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Exporters of Industrial induction/dielectric heating equipment nes (2021 - 2022)

Importers of Industrial induction/dielectric heating equipment nes (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 3.91. This means that most of the exports of Industrial induction/dielectric heating equipment nes are explained by 15 countries.

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Value of Exports in Industrial induction/dielectric heating equipment nes

Net Trade

TOP NET EXPORTER (2022)United States$119M
TOP NET IMPORTER (2022)China$49.8M

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Industrial induction/dielectric heating equipment nes were United States ($119M), Germany ($56.3M), Italy ($42.4M), France ($29.8M), and Norway ($23.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Industrial induction/dielectric heating equipment nes were China ($49.8M), India ($33.1M), Malaysia ($24.8M), Mexico ($24M), and Chinese Taipei ($14.6M).

Net Trade (2022)

Country Comparison

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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 (2022)

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