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850980 (Harmonized System 1992 for 6-digit)

2023
World Trade $9.09BRnk 404 / 4644
2023
Top Exporter | Top Importer $5.47B | $1.67BChina | United States
2023
Product Complexity 0.42Rnk 1803 / 4656
2022 - 2023
Export Growth (CAGR) -4.74%Rnk 2074 / 4644
2023
Share of World Trade 0.04%Rnk 404 / 4644

About

Overview This page contains the latest trade data of Domestic appliances, with electric motor, nes. In 2023, Domestic appliances, with electric motor, nes were the world's 404th most traded product, with a total trade of $9.09B. Between 2022 and 2023 the exports of Domestic appliances, with electric motor, nes decreased by -4.74%, from $9.54B to $9.09B. Trade in Domestic appliances, with electric motor, nes represent 0.04% of total world trade.

Domestic appliances, with electric motor, nes are a part of Other Domestic Electric Housewares.

Exports In 2023 the top exporters of Domestic appliances, with electric motor, nes  were China ($5.47B), Germany ($845M), Hungary ($504M), Poland ($299M), and Netherlands ($256M).

Imports In 2023 the top importers of Domestic appliances, with electric motor, nes were United States ($1.67B), Germany ($1B), Japan ($599M), Netherlands ($538M), and Russia ($461M).

Ranking Domestic appliances, with electric motor, nes ranks 1803rd in the Product Complexity Index (PCI).

Description Household appliances are devices that are used in households to perform a variety of tasks. Appliances are powered by electric motors that convert electrical energy into mechanical energy. Appliances include a range of devices from major appliances, such as refrigerators, ovens, and dishwashers, to smaller appliances such as microwaves, coffee machines, and toasters. As they are ubiquitous in the modern household, they are found in nearly every kitchen and are used by people of all ages.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Domestic appliances, with electric motor, nes. 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$5.47B
Top Destination (2023)United States$1.67B

In 2023 Domestic appliances, with electric motor, nes were the world's 404th most traded product (out of 4,644).

In 2023, the top exporters of Domestic appliances, with electric motor, nes were China ($5.47B), Germany ($845M), Hungary ($504M), Poland ($299M), and Netherlands ($256M).

In 2023, the top importers of Domestic appliances, with electric motor, nes were United States ($1.67B), Germany ($1B), Japan ($599M), Netherlands ($538M), and Russia ($461M).

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Exporters of Domestic appliances, with electric motor, nes (2023)
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Importers of Domestic appliances, with electric motor, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Vietnam$66.3M
Top Destination Growth (2022 -  2023)Netherlands$166M

Between 2022 and 2023, the exports of Domestic appliances, with electric motor, nes grew the fastest in Vietnam ($66.3M), Dominican Republic ($54.9M), Poland ($42.5M), Philippines ($14.1M), and Romania ($12.6M).

Between 2022 and 2023, the fastest growing importers of Domestic appliances, with electric motor, nes were Netherlands ($166M), Russia ($136M), South Korea ($98M), Vietnam ($20.9M), and Turkey ($20.8M).

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Exporters of Domestic appliances, with electric motor, nes (2022 - 2023)

Importers of Domestic appliances, with electric motor, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Domestic appliances, with electric motor, nes.

In 2023, market concentration measured using Shannon Entropy, was 2.68. This means that most of the exports of Domestic appliances, with electric motor, nes are explained by 6 countries.

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Value of Exports in Domestic appliances, with electric motor, nes

Net Trade

TOP NET EXPORTER (2023)China$5.37B
TOP NET IMPORTER (2023)United States$1.53B

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

In 2023, the countries that had a largest trade value in exports than in imports of Domestic appliances, with electric motor, nes were China ($5.37B), Hungary ($263M), Malaysia ($74.4M), Thailand ($53.9M), and Dominican Republic ($53.6M).

In 2023, the countries that had a largest trade value in imports than in exports of Domestic appliances, with electric motor, nes were United States ($1.53B), Japan ($546M), Russia ($455M), South Korea ($310M), and Netherlands ($282M).

Net Trade (2023)

Country Comparison

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

Top 10 Exporters Countries of Domestic appliances, with electric motor, nes 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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