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850990 (Harmonized System 1992 for 6-digit)

2023
World Trade $1.26BRnk 1853 / 4644
2023
Top Exporter | Top Importer $576M | $240MChina | United States
2023
Product Complexity 0.63Rnk 1435 / 4656
2022 - 2023
Export Growth (CAGR) -20.3%Rnk 3712 / 4644
2023
Share of World Trade 0.0056%Rnk 1853 / 4644

About

Overview This page contains the latest trade data of Parts of domestic appliances with electric motor. In 2023, Parts of domestic appliances with electric motor were the world's 1853rd most traded product, with a total trade of $1.26B. Between 2022 and 2023 the exports of Parts of domestic appliances with electric motor decreased by -20.3%, from $1.59B to $1.26B. Trade in Parts of domestic appliances with electric motor represent 0.0056% of total world trade.

Parts of domestic appliances with electric motor are a part of Other Domestic Electric Housewares.

Exports In 2023 the top exporters of Parts of domestic appliances with electric motor  were China ($576M), Germany ($148M), Italy ($74.7M), Indonesia ($69.5M), and United States ($50.4M).

Imports In 2023 the top importers of Parts of domestic appliances with electric motor were United States ($240M), Germany ($105M), Japan ($78.5M), Poland ($68.4M), and France ($49.5M).

Ranking Parts of domestic appliances with electric motor ranks 1435th in the Product Complexity Index (PCI).

Description The most common use of electricity is for heating, cooking, and refrigeration. Refrigerators cool the inside by blowing cold air from the back. Freezers keep things cold by blowing cold air from the front.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Parts of domestic appliances with electric motor. 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$576M
Top Destination (2023)United States$240M

In 2023 Parts of domestic appliances with electric motor were the world's 1853rd most traded product (out of 4,644).

In 2023, the top exporters of Parts of domestic appliances with electric motor were China ($576M), Germany ($148M), Italy ($74.7M), Indonesia ($69.5M), and United States ($50.4M).

In 2023, the top importers of Parts of domestic appliances with electric motor were United States ($240M), Germany ($105M), Japan ($78.5M), Poland ($68.4M), and France ($49.5M).

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Exporters of Parts of domestic appliances with electric motor (2023)
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Importers of Parts of domestic appliances with electric motor (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Italy$7.62M
Top Destination Growth (2022 -  2023)Algeria$17.6M

Between 2022 and 2023, the exports of Parts of domestic appliances with electric motor grew the fastest in Italy ($7.62M), Singapore ($6.64M), Thailand ($3.63M), Netherlands ($3.61M), and South Korea ($3.51M).

Between 2022 and 2023, the fastest growing importers of Parts of domestic appliances with electric motor were Algeria ($17.6M), Tunisia ($17M), Dominican Republic ($12M), Vietnam ($6.1M), and Romania ($5.71M).

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Exporters of Parts of domestic appliances with electric motor (2022 - 2023)

Importers of Parts of domestic appliances with electric motor (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Parts of domestic appliances with electric motor.

In 2023, market concentration measured using Shannon Entropy, was 3.37. This means that most of the exports of Parts of domestic appliances with electric motor are explained by 10 countries.

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Value of Exports in Parts of domestic appliances with electric motor

Net Trade

TOP NET EXPORTER (2023)China$543M
TOP NET IMPORTER (2023)United States$190M

This map shows which countries export or import more of Parts of domestic appliances with electric motor. Each country is colored based on the difference in exports and imports of Parts of domestic appliances with electric motor during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Parts of domestic appliances with electric motor were China ($543M), Italy ($51M), Indonesia ($49.2M), Germany ($42.8M), and India ($21.8M).

In 2023, the countries that had a largest trade value in imports than in exports of Parts of domestic appliances with electric motor were United States ($190M), Japan ($68.9M), Poland ($57.8M), France ($35.6M), and Hong Kong ($30.9M).

Net Trade (2023)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Parts of domestic appliances with electric motor 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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