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

851650 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.94BRnk 738 / 4644
2023
Top Exporter | Top Importer $3.65B | $1.57BChina | United States
2023
Product Complexity 0.46Rnk 1747 / 4656
2022 - 2023
Export Growth (CAGR) -10.1%Rnk 2725 / 4644
2023
Share of World Trade 0.022%Rnk 738 / 4644

About

Overview This page contains the latest trade data of Microwave ovens. In 2023, Microwave ovens were the world's 738th most traded product, with a total trade of $4.94B. Between 2022 and 2023 the exports of Microwave ovens decreased by -10.1%, from $5.5B to $4.94B. Trade in Microwave ovens represent 0.022% of total world trade.

Microwave ovens are a part of Electric Heaters.

Exports In 2023 the top exporters of Microwave ovens  were China ($3.65B), Malaysia ($456M), Thailand ($198M), United Kingdom ($107M), and Germany ($98.3M).

Imports In 2023 the top importers of Microwave ovens were United States ($1.57B), Japan ($403M), United Kingdom ($232M), Germany ($200M), and Russia ($193M).

Ranking Microwave ovens ranks 1747th 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

View
Flow
Y-AXIS SCALE

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.

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)China$3.65B
Top Destination (2023)United States$1.57B

In 2023 Microwave ovens were the world's 738th most traded product (out of 4,644).

In 2023, the top exporters of Microwave ovens were China ($3.65B), Malaysia ($456M), Thailand ($198M), United Kingdom ($107M), and Germany ($98.3M).

In 2023, the top importers of Microwave ovens were United States ($1.57B), Japan ($403M), United Kingdom ($232M), Germany ($200M), and Russia ($193M).

Explore Visualizations

Exporters of Microwave ovens (2023)
[Click to Select a Country]

Importers of Microwave ovens (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Armenia$15.7M
Top Destination Growth (2022 -  2023)Belarus$22.4M

Between 2022 and 2023, the exports of Microwave ovens grew the fastest in Armenia ($15.7M), Malaysia ($8.03M), Singapore ($5.02M), Japan ($1.96M), and Estonia ($1.93M).

Between 2022 and 2023, the fastest growing importers of Microwave ovens were Belarus ($22.4M), Russia ($21.6M), Armenia ($12.9M), South Korea ($8.61M), and Panama ($8.56M).

Explore Visualizations

Exporters of Microwave ovens (2022 - 2023)

Importers of Microwave ovens (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 1.77. This means that most of the exports of Microwave ovens are explained by 3 countries.

Explore Visualizations

Value of Exports in Microwave ovens

Net Trade

TOP NET EXPORTER (2023)China$3.63B
TOP NET IMPORTER (2023)United States$1.54B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Microwave ovens were China ($3.63B), Malaysia ($445M), Thailand ($154M), Slovenia ($13M), and Italy ($7.12M).

In 2023, the countries that had a largest trade value in imports than in exports of Microwave ovens were United States ($1.54B), Japan ($396M), Russia ($190M), France ($157M), and South Korea ($143M).

Net Trade (2023)

Country Comparison

Flow
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 (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