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Furnaces and ovens; electric, for industrial or laboratory use, other than those functioning by induction, dielectric loss or resistance heated, other than electron beam, plasma or vacuum arc furnaces

851439 (Harmonized System 2022 for 6-digit)

2022
World Trade $721MRnk 2728 / 5606
2022
Top Exporter | Top Importer $286M | $146MChina | Indonesia
2022
Product Complexity 1.44Rnk 218 / 5606
2022
Share of World Trade 0.003%Rnk 2728 / 5606

About

Overview This page contains the latest trade data of Electric furnaces; excluding electron beam/plasma/vacuum arc. In 2022, Electric furnaces; excluding electron beam/plasma/vacuum arc were the world's 2728th most traded product, with a total trade of $721M.

Electric furnaces; excluding electron beam/plasma/vacuum arc are a part of Electric Furnaces.

Exports In 2022 the top exporters of Electric furnaces; excluding electron beam/plasma/vacuum arc  were China ($286M), Germany ($72.1M), France ($44.9M), South Korea ($43.4M), and United States ($39M).

Imports In 2022 the top importers of Electric furnaces; excluding electron beam/plasma/vacuum arc were Indonesia ($146M), China ($79.6M), United States ($51.5M), Vietnam ($45.6M), and India ($25.5M).

Ranking Electric furnaces; excluding electron beam/plasma/vacuum arc ranks 218th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
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The following visualization shows the latest trends on Electric furnaces; excluding electron beam/plasma/vacuum arc. 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$286M
Top Destination (2022)Indonesia$146M

In 2022 Electric furnaces; excluding electron beam/plasma/vacuum arc were the world's 2728th most traded product (out of 5,606).

In 2022, the top exporters of Electric furnaces; excluding electron beam/plasma/vacuum arc were China ($286M), Germany ($72.1M), France ($44.9M), South Korea ($43.4M), and United States ($39M).

In 2022, the top importers of Electric furnaces; excluding electron beam/plasma/vacuum arc were Indonesia ($146M), China ($79.6M), United States ($51.5M), Vietnam ($45.6M), and India ($25.5M).

Explore Visualizations

Exporters of Electric furnaces; excluding electron beam/plasma/vacuum arc (2022)
[Click to Select a Country]

Importers of Electric furnaces; excluding electron beam/plasma/vacuum arc (2022)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (false -  2022)China$286M
Top Destination Growth (false -  2022)Indonesia$146M

Between false and 2022, the exports of Electric furnaces; excluding electron beam/plasma/vacuum arc grew the fastest in China ($286M), Germany ($72.1M), France ($44.9M), South Korea ($43.4M), and United States ($39M).

Between false and 2022, the fastest growing importers of Electric furnaces; excluding electron beam/plasma/vacuum arc were Indonesia ($146M), China ($79.6M), United States ($51.5M), Vietnam ($45.6M), and India ($25.5M).

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Exporters of Electric furnaces; excluding electron beam/plasma/vacuum arc (NaN - 2022)

Importers of Electric furnaces; excluding electron beam/plasma/vacuum arc (NaN - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric furnaces; excluding electron beam/plasma/vacuum arc.

In 2022, market concentration measured using Shannon Entropy, was 3.51. This means that most of the exports of Electric furnaces; excluding electron beam/plasma/vacuum arc are explained by 11 countries.

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Value of Exports in Electric furnaces; excluding electron beam/plasma/vacuum arc

Net Trade

TOP NET EXPORTER (2022)China$207M
TOP NET IMPORTER (2022)Indonesia$146M

This map shows which countries export or import more of Electric furnaces; excluding electron beam/plasma/vacuum arc. Each country is colored based on the difference in exports and imports of Electric furnaces; excluding electron beam/plasma/vacuum arc during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electric furnaces; excluding electron beam/plasma/vacuum arc were China ($207M), Germany ($47.4M), France ($37.3M), Italy ($32.9M), and South Korea ($29.5M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric furnaces; excluding electron beam/plasma/vacuum arc were Indonesia ($146M), Vietnam ($43.6M), India ($20.8M), Thailand ($16.3M), and Turkey ($15.8M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Electric furnaces; excluding electron beam/plasma/vacuum arc.
It is possible to select the main countries that export or import Electric furnaces; excluding electron beam/plasma/vacuum arc in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric furnaces; excluding electron beam/plasma/vacuum arc 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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