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851671 (Harmonized System 1992 for 6-digit)

2022
World Trade $8.76BRnk 468 / 4648
2022
Top Exporter | Top Importer $2.61B | $1.61BChina | United States
2022
Product Complexity 0.68Rnk 1323 / 4653
2021 - 2022
Export Growth (CAGR) -2.24%Rnk 3291 / 4648
2022
Share of World Trade 0.037%Rnk 468 / 4648

About

Overview This page contains the latest trade data of Electric coffee or tea makers, domestic. In 2022, Electric coffee or tea makers, domestic were the world's 468th most traded product, with a total trade of $8.76B. Between 2021 and 2022 the exports of Electric coffee or tea makers, domestic decreased by -2.24%, from $8.96B to $8.76B. Trade in Electric coffee or tea makers, domestic represent 0.037% of total world trade.

Electric coffee or tea makers, domestic are a part of Electric Heaters.

Exports In 2022 the top exporters of Electric coffee or tea makers, domestic  were China ($2.61B), Italy ($790M), Romania ($775M), Germany ($593M), and Ukraine ($396M).

Imports In 2022 the top importers of Electric coffee or tea makers, domestic were United States ($1.61B), Germany ($1.39B), Italy ($585M), Hungary ($397M), and France ($372M).

Ranking Electric coffee or tea makers, domestic ranks 1323rd in the Product Complexity Index (PCI).

Description Electric coffee or tea maker are used to make hot beverages, like coffee or tea. They are either heated in a water container, or the water is boiled in a separate pot and then poured into the machine.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric coffee or tea makers, domestic. 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 (2022)China$2.61B
Top Destination (2022)United States$1.61B

In 2022 Electric coffee or tea makers, domestic were the world's 468th most traded product (out of 4,648).

In 2022, the top exporters of Electric coffee or tea makers, domestic were China ($2.61B), Italy ($790M), Romania ($775M), Germany ($593M), and Ukraine ($396M).

In 2022, the top importers of Electric coffee or tea makers, domestic were United States ($1.61B), Germany ($1.39B), Italy ($585M), Hungary ($397M), and France ($372M).

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Exporters of Electric coffee or tea makers, domestic (2022)
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Importers of Electric coffee or tea makers, domestic (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Indonesia$85.1M
Top Destination Growth (2021 -  2022)United States$186M

Between 2021 and 2022, the exports of Electric coffee or tea makers, domestic grew the fastest in Indonesia ($85.1M), Thailand ($68.7M), Slovenia ($62.3M), Hungary ($61.3M), and Netherlands ($34.9M).

Between 2021 and 2022, the fastest growing importers of Electric coffee or tea makers, domestic were United States ($186M), Singapore ($45.8M), Turkey ($32.5M), Philippines ($20.5M), and Hungary ($20.3M).

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Exporters of Electric coffee or tea makers, domestic (2021 - 2022)

Importers of Electric coffee or tea makers, domestic (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric coffee or tea makers, domestic.

In 2022, market concentration measured using Shannon Entropy, was 3.93. This means that most of the exports of Electric coffee or tea makers, domestic are explained by 15 countries.

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Value of Exports in Electric coffee or tea makers, domestic

Net Trade

TOP NET EXPORTER (2022)China$2.5B
TOP NET IMPORTER (2022)United States$1.58B

This map shows which countries export or import more of Electric coffee or tea makers, domestic. Each country is colored based on the difference in exports and imports of Electric coffee or tea makers, domestic during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electric coffee or tea makers, domestic were China ($2.5B), Romania ($711M), Ukraine ($374M), Indonesia ($337M), and Slovenia ($252M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric coffee or tea makers, domestic were United States ($1.58B), Germany ($793M), Canada ($219M), United Kingdom ($199M), and Australia ($160M).

Net Trade (2022)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Electric coffee or tea makers, domestic.
It is possible to select the main countries that export or import Electric coffee or tea makers, domestic in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric coffee or tea makers, domestic 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 (2022)

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