2022
Exports
$332MWorld Rnk 4 / 158
Flag Rnk 474 / 1217
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$382MWorld Rnk 2 / 213
Flag Rnk 617 / 1216
2022
ECONOMIC COMPLEXITY of United States
1.47Rnk 10 / 133

About

Exports In 2022, United States exported $332M in Industrial Furnaces, making it the 4th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 474th most exported product in United States. The main destination of Industrial Furnaces exports from United States are: Canada ($105M), Mexico ($57.5M), India ($18.7M), China ($11M), and Philippines ($10.9M).

The fastest growing export markets for Industrial Furnaces of United States between 2021 and 2022 were Canada ($39.6M), India ($16M), and Philippines ($10.5M).

Imports In 2022, United States imported $382M in Industrial Furnaces, becoming the 2nd largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 617th most imported product in United States. United States imports Industrial Furnaces primarily from: China ($60M), Germany ($59.5M), Italy ($55M), Canada ($50.2M), and Mexico ($19.9M).

The fastest growing import markets in Industrial Furnaces for United States between 2021 and 2022 were China ($30M), Germany ($25.8M), and Japan ($9.74M).

COMPANIES In 2023, leading companies such as Yaheetech (23), Electrolux (13), and QVC Inc (5) were at the forefront of shipping Industrial Furnaces to the United States.

Latest Trends

October 2024

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (October 2023 - October 2024)$2.13M(6.56%)
IMPORT GROWTH (October 2023 - October 2024)$-13.9M(-32%)
MAIN EXPORTER (October 2024)Oklahoma$9.86M
MAIN DESTINATION (October 2024)Mexico$12.2M

This section shows Industrial Furnaces's exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Industrial Furnaces over time.

For full datasets download visit Bulk Download page.

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$332M
IMPORTS (2022)$382M
NET TRADE (2022)-$50.4M

In 2022, United States exported $332M in Industrial Furnaces. The main destinations of United States exports on Industrial Furnaces were Canada ($105M), Mexico ($57.5M), India ($18.7M), China ($11M), and Philippines ($10.9M).

In 2022, United States imported $382M in Industrial Furnaces, mainly from China ($60M), Germany ($59.5M), Italy ($55M), Canada ($50.2M), and Mexico ($19.9M).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR United States WERE (2021 - 2022):
Canada$39.6M (60.7%)
India$16M (588%)
Philippines$10.5M (2.79k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY United States WERE (2021 - 2022):
Saudi Arabia-$8.84M (-86%)
Italy-$4.2M (-90.6%)
China-$2.52M (-18.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, United States's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, United States's main importing competitors in Industrial Furnaces were:

Explore Visualizations

Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $5.61M
TOP IMPORT POTENTIALChina+ $25.4M

Industrial Furnaces’s highest export potential is China. With an export gap of $5.61M.   Industrial Furnaces’s highest import potential is China with an import gap of $25.4M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

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