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851650 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.44BRnk 708 / 4648
2022
Top Exporter | Top Importer $3.82B | $1.63BChina | United States
2022
Product Complexity 0.68Rnk 1315 / 4653
2021 - 2022
Export Growth (CAGR) -2.32%Rnk 3301 / 4648
2022
Share of World Trade 0.023%Rnk 708 / 4648

About

Overview This page contains the latest trade data of Microwave ovens. In 2022, Microwave ovens were the world's 708th most traded product, with a total trade of $5.44B. Between 2021 and 2022 the exports of Microwave ovens decreased by -2.32%, from $5.57B to $5.44B. Trade in Microwave ovens represent 0.023% of total world trade.

Microwave ovens are a part of Electric Heaters.

Exports In 2022 the top exporters of Microwave ovens  were China ($3.82B), Malaysia ($518M), Thailand ($247M), Germany ($147M), and United Kingdom ($129M).

Imports In 2022 the top importers of Microwave ovens were United States ($1.63B), Japan ($464M), Germany ($272M), United Kingdom ($255M), and France ($190M).

Ranking Microwave ovens ranks 1315th in the Product Complexity Index (PCI).

Description Microwave ovens are most commonly used to reheat food. Microwaves use electromagnetic waves to produce heat. When the electromagnetic waves pass through the food, the waves cause the molecules in the food to move and rub against each other, which produces heat.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Microwave ovens. 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 (2022)China$3.82B
Top Destination (2022)United States$1.63B

In 2022 Microwave ovens were the world's 708th most traded product (out of 4,648).

In 2022, the top exporters of Microwave ovens were China ($3.82B), Malaysia ($518M), Thailand ($247M), Germany ($147M), and United Kingdom ($129M).

In 2022, the top importers of Microwave ovens were United States ($1.63B), Japan ($464M), Germany ($272M), United Kingdom ($255M), and France ($190M).

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Exporters of Microwave ovens (2022)
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Importers of Microwave ovens (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Slovenia$11.8M
Top Destination Growth (2021 -  2022)Japan$31.9M

Between 2021 and 2022, the exports of Microwave ovens grew the fastest in Slovenia ($11.8M), Vietnam ($10.6M), Kazakhstan ($10.3M), Thailand ($10.3M), and United Arab Emirates ($7.01M).

Between 2021 and 2022, the fastest growing importers of Microwave ovens were Japan ($31.9M), Mexico ($22.9M), Poland ($21.4M), Turkey ($17.9M), and Australia ($15M).

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Exporters of Microwave ovens (2021 - 2022)

Importers of Microwave ovens (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Microwave ovens.

In 2022, market concentration measured using Shannon Entropy, was 1.97. This means that most of the exports of Microwave ovens are explained by 3 countries.

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Value of Exports in Microwave ovens

Net Trade

TOP NET EXPORTER (2022)China$3.81B
TOP NET IMPORTER (2022)United States$1.58B

This map shows which countries export or import more of Microwave ovens. Each country is colored based on the difference in exports and imports of Microwave ovens during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Microwave ovens were China ($3.81B), Malaysia ($501M), Thailand ($205M), Slovenia ($14.7M), and Italy ($1.09M).

In 2022, the countries that had a largest trade value in imports than in exports of Microwave ovens were United States ($1.58B), Japan ($461M), France ($177M), Russia ($169M), and Canada ($152M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Microwave ovens.
It is possible to select the main countries that export or import Microwave ovens in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Microwave ovens 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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