2022
Exports
$21.8MWorld Rnk 23 / 144
Flag Rnk 737 / 1212
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces
1.17Rnk 112 / 1025
2022
Imports
$51.9MWorld Rnk 13 / 209
Flag Rnk 594 / 1206
2022
ECONOMIC COMPLEXITY of India
0.64Rnk 40 / 133

About

Exports In 2022, India exported $21.8M in Liquid Fuel Furnaces, making it the 23rd largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 737th most exported product in India. The main destination of Liquid Fuel Furnaces exports from India are: Canada ($3.95M), United States ($2.02M), United Arab Emirates ($1.8M), Bahrain ($1.25M), and Mexico ($1.21M).

The fastest growing export markets for Liquid Fuel Furnaces of India between 2021 and 2022 were Canada ($3.84M), Mexico ($1.04M), and Bangladesh ($780k).

Imports In 2022, India imported $51.9M in Liquid Fuel Furnaces, becoming the 13th largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 594th most imported product in India. India imports Liquid Fuel Furnaces primarily from: Italy ($11.3M), Germany ($7.85M), Luxembourg ($7.2M), China ($6.04M), and United States ($6.02M).

The fastest growing import markets in Liquid Fuel Furnaces for India between 2021 and 2022 were Luxembourg ($5.1M), Italy ($1.81M), and China ($1.79M).

COMPANIES In 2023, leading companies such as Cummins Jaw Warehouse (5), Ford Motor Company (3), and Victaulic (1) were at the forefront of shipping Liquid Fuel Furnaces from India to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Liquid Fuel Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$21.8M
IMPORTS (2022)$51.9M
NET TRADE (2022)-$30.1M

In 2022, India exported $21.8M in Liquid Fuel Furnaces. The main destinations of India exports on Liquid Fuel Furnaces were Canada ($3.95M), United States ($2.02M), United Arab Emirates ($1.8M), Bahrain ($1.25M), and Mexico ($1.21M).

In 2022, India imported $51.9M in Liquid Fuel Furnaces, mainly from Italy ($11.3M), Germany ($7.85M), Luxembourg ($7.2M), China ($6.04M), and United States ($6.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR India WERE (2021 - 2022):
Canada$3.84M (3.43k%)
Mexico$1.04M (614%)
Bangladesh$780k (490%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY India WERE (2021 - 2022):
Indonesia-$2.34M (-84.2%)
Oman-$2.09M (-91%)
Angola-$1.93M (-98.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, India's main exporting competitors in Liquid Fuel Furnaces were:
In 2022, India's main importing competitors in Liquid Fuel Furnaces were:

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.86M
TOP IMPORT POTENTIALChina+ $6.26M

Liquid Fuel Furnaces’s highest export potential is United States. With an export gap of $1.86M.   Liquid Fuel Furnaces’s highest import potential is China with an import gap of $6.26M.

See methodology.

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