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841780 (Harmonized System 1992 for 6-digit)

2022
World Trade $1.45BRnk 1801 / 4648
2022
Top Exporter | Top Importer $678M | $181MChina | Indonesia
2022
Product Complexity 0.39Rnk 1840 / 4653
2021 - 2022
Export Growth (CAGR) 20.6%Rnk 759 / 4648
2022
Share of World Trade 0.0061%Rnk 1801 / 4648

About

Overview This page contains the latest trade data of Industrial furnace, oven, incinerator non-electric ne. In 2022, Industrial furnace, oven, incinerator non-electric ne were the world's 1801st most traded product, with a total trade of $1.45B. Between 2021 and 2022 the exports of Industrial furnace, oven, incinerator non-electric ne grew by 20.6%, from $1.2B to $1.45B. Trade in Industrial furnace, oven, incinerator non-electric ne represent 0.0061% of total world trade.

Industrial furnace, oven, incinerator non-electric ne are a part of Industrial Furnaces.

Exports In 2022 the top exporters of Industrial furnace, oven, incinerator non-electric ne  were China ($678M), Italy ($149M), Germany ($109M), United States ($82.3M), and Czechia ($45.7M).

Imports In 2022 the top importers of Industrial furnace, oven, incinerator non-electric ne were Indonesia ($181M), China ($67.2M), United States ($60.2M), India ($59.2M), and Vietnam ($57.3M).

Ranking Industrial furnace, oven, incinerator non-electric ne ranks 1840th in the Product Complexity Index (PCI).

Description Industrial furnaces are used to heat raw materials to a high temperature to melt, soften, coat, and convert the materials into a desired shape. Industrial ovens are used primarily to operate at a constant temperature to dry, cure, or cook food. Industrial incinerators are used for waste management by burning organic waste.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Industrial furnace, oven, incinerator non-electric ne. 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$678M
Top Destination (2022)Indonesia$181M

In 2022 Industrial furnace, oven, incinerator non-electric ne were the world's 1801st most traded product (out of 4,648).

In 2022, the top exporters of Industrial furnace, oven, incinerator non-electric ne were China ($678M), Italy ($149M), Germany ($109M), United States ($82.3M), and Czechia ($45.7M).

In 2022, the top importers of Industrial furnace, oven, incinerator non-electric ne were Indonesia ($181M), China ($67.2M), United States ($60.2M), India ($59.2M), and Vietnam ($57.3M).

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Exporters of Industrial furnace, oven, incinerator non-electric ne (2022)
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Importers of Industrial furnace, oven, incinerator non-electric ne (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$167M
Top Destination Growth (2021 -  2022)Netherlands$39.4M

Between 2021 and 2022, the exports of Industrial furnace, oven, incinerator non-electric ne grew the fastest in China ($167M), Belgium ($24.4M), United States ($24.1M), Italy ($22.5M), and Czechia ($14.9M).

Between 2021 and 2022, the fastest growing importers of Industrial furnace, oven, incinerator non-electric ne were Netherlands ($39.4M), Uzbekistan ($25.6M), Indonesia ($24.5M), Poland ($18.4M), and Mexico ($16.6M).

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Exporters of Industrial furnace, oven, incinerator non-electric ne (2021 - 2022)

Importers of Industrial furnace, oven, incinerator non-electric ne (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Industrial furnace, oven, incinerator non-electric ne.

In 2022, market concentration measured using Shannon Entropy, was 3.33. This means that most of the exports of Industrial furnace, oven, incinerator non-electric ne are explained by 10 countries.

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Value of Exports in Industrial furnace, oven, incinerator non-electric ne

Net Trade

TOP NET EXPORTER (2022)China$611M
TOP NET IMPORTER (2022)Indonesia$181M

This map shows which countries export or import more of Industrial furnace, oven, incinerator non-electric ne. Each country is colored based on the difference in exports and imports of Industrial furnace, oven, incinerator non-electric ne during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Industrial furnace, oven, incinerator non-electric ne were China ($611M), Italy ($144M), Germany ($81.4M), Czechia ($32.8M), and Belgium ($23.9M).

In 2022, the countries that had a largest trade value in imports than in exports of Industrial furnace, oven, incinerator non-electric ne were Indonesia ($181M), Vietnam ($52.3M), India ($49.8M), Uzbekistan ($46.5M), and Turkey ($43.1M).

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 Industrial furnace, oven, incinerator non-electric ne.
It is possible to select the main countries that export or import Industrial furnace, oven, incinerator non-electric ne in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Industrial furnace, oven, incinerator non-electric ne 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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