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851671 (Harmonized System 1992 for 6-digit)

2023
World Trade $7.91BRnk 475 / 4644
2023
Top Exporter | Top Importer $2.34B | $1.36BChina | United States
2023
Product Complexity 0.6Rnk 1487 / 4656
2022 - 2023
Export Growth (CAGR) -9.68%Rnk 2667 / 4644
2023
Share of World Trade 0.035%Rnk 475 / 4644

About

Overview This page contains the latest trade data of Electric coffee or tea makers, domestic. In 2023, Electric coffee or tea makers, domestic were the world's 475th most traded product, with a total trade of $7.91B. Between 2022 and 2023 the exports of Electric coffee or tea makers, domestic decreased by -9.68%, from $8.75B to $7.91B. Trade in Electric coffee or tea makers, domestic represent 0.035% of total world trade.

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

Exports In 2023 the top exporters of Electric coffee or tea makers, domestic  were China ($2.34B), Romania ($1.12B), Italy ($745M), Germany ($382M), and Indonesia ($376M).

Imports In 2023 the top importers of Electric coffee or tea makers, domestic were United States ($1.36B), Germany ($1.12B), Italy ($532M), France ($444M), and Netherlands ($339M).

Ranking Electric coffee or tea makers, domestic ranks 1487th 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 (2023)China$2.34B
Top Destination (2023)United States$1.36B

In 2023 Electric coffee or tea makers, domestic were the world's 475th most traded product (out of 4,644).

In 2023, the top exporters of Electric coffee or tea makers, domestic were China ($2.34B), Romania ($1.12B), Italy ($745M), Germany ($382M), and Indonesia ($376M).

In 2023, the top importers of Electric coffee or tea makers, domestic were United States ($1.36B), Germany ($1.12B), Italy ($532M), France ($444M), and Netherlands ($339M).

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Exporters of Electric coffee or tea makers, domestic (2023)
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Importers of Electric coffee or tea makers, domestic (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Romania$199M
Top Destination Growth (2022 -  2023)Russia$90M

Between 2022 and 2023, the exports of Electric coffee or tea makers, domestic grew the fastest in Romania ($199M), Singapore ($127M), Mexico ($21.1M), Belgium ($16.1M), and Spain ($12.2M).

Between 2022 and 2023, the fastest growing importers of Electric coffee or tea makers, domestic were Russia ($90M), France ($39.8M), Netherlands ($30.4M), Turkey ($21.9M), and Italy ($21.3M).

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Exporters of Electric coffee or tea makers, domestic (2022 - 2023)

Importers of Electric coffee or tea makers, domestic (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 3.86. This means that most of the exports of Electric coffee or tea makers, domestic are explained by 14 countries.

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Value of Exports in Electric coffee or tea makers, domestic

Net Trade

TOP NET EXPORTER (2023)China$2.26B
TOP NET IMPORTER (2023)United States$1.34B

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electric coffee or tea makers, domestic were China ($2.26B), Romania ($1.06B), Indonesia ($358M), Italy ($213M), and Slovenia ($194M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric coffee or tea makers, domestic were United States ($1.34B), Germany ($738M), France ($266M), Russia ($212M), and Canada ($185M).

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 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 (2023)

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