Machinery, plant (not domestic), or laboratory equipment; electrically heated or not, (excluding items in 85.14) for the treatment of materials by a process involving change of temperature; including instantaneous or non electric storage water heaters

8419 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Other Heating Machinery. In 2023, Other Heating Machinery were the world's 82nd most traded product, with a total trade of $50.6B. Between 2022 and 2023 the exports of Other Heating Machinery grew by 5.17%, from $48.1B to $50.6B. Trade in Other Heating Machinery represent 0.22% of total world trade.

Other Heating Machinery are a part of Machinery, mechanical appliances, & parts. They include Heat exchange units, non-domestic, non-electric, Machinery for treatment by temperature change nes, Parts, laboratory/industrial heating/cooling machiner, Commercial equipment, hot drinks/cooking/heating food, Non-domestic, non-electric dryers nes, Water Heaters (Instantaneous/Storage, Non-Electric, NES), Distilling or rectifying plant, Machinery for liquefying air or other gases, Instantaneous Gas Water Heaters, and Medical, surgical or laboratory sterilizers, among others.

Exports In 2023 the top exporters of Other Heating Machinery  were China ($8.69B), Germany ($5.96B), Italy ($4.77B), United States ($4.7B), and South Korea ($2.37B).

Imports In 2023 the top importers of Other Heating Machinery were United States ($7.4B), Germany ($3.7B), China ($3.49B), Canada ($1.82B), and France ($1.56B).

Ranking Other Heating Machinery ranks 99th in the Product Complexity Index (PCI).

Description Machinery, plant or laboratory equipment is used to process materials. It can be made from a variety of materials, including steel, aluminum, and plastic.

Latest Data

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The following visualization shows the latest trends on Other Heating Machinery. 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$8.69B
Top Destination (2023)United States$7.4B

In 2023 Other Heating Machinery were the world's 82nd most traded product (out of 1,217).

In 2023, the top exporters of Other Heating Machinery were China ($8.69B), Germany ($5.96B), Italy ($4.77B), United States ($4.7B), and South Korea ($2.37B).

In 2023, the top importers of Other Heating Machinery were United States ($7.4B), Germany ($3.7B), China ($3.49B), Canada ($1.82B), and France ($1.56B).

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Exporters of Other Heating Machinery (2023)
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Importers of Other Heating Machinery (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$329M
Top Destination Growth (2022 -  2023)China$788M

Between 2022 and 2023, the exports of Other Heating Machinery grew the fastest in Germany ($329M), China ($314M), Switzerland ($287M), Italy ($252M), and Canada ($251M).

Between 2022 and 2023, the fastest growing importers of Other Heating Machinery were China ($788M), Germany ($269M), Netherlands ($227M), Argentina ($210M), and Poland ($180M).

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Exporters of Other Heating Machinery (2022 - 2023)

Importers of Other Heating Machinery (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Other Heating Machinery.

In 2023, market concentration measured using Shannon Entropy, was 4.55. This means that most of the exports of Other Heating Machinery are explained by 23 countries.

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Value of Exports in Other Heating Machinery

Net Trade

TOP NET EXPORTER (2023)China$5.19B
TOP NET IMPORTER (2023)United States$2.7B

This map shows which countries export or import more of Other Heating Machinery. Each country is colored based on the difference in exports and imports of Other Heating Machinery during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Other Heating Machinery were China ($5.19B), Italy ($3.51B), Germany ($2.26B), South Korea ($1.31B), and Switzerland ($1.05B).

In 2023, the countries that had a largest trade value in imports than in exports of Other Heating Machinery were United States ($2.7B), Indonesia ($1B), Saudi Arabia ($671M), Russia ($660M), and Australia ($617M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Other Heating Machinery, disaggragated by their HS6 level were Heat exchange units, non-domestic, non-electric ($13.6B), Machinery for treatment by temperature change... ($10.7B), Parts, laboratory/industrial heating/cooling machiner ($8.15B), Commercial equipment, hot drinks/cooking/heating food ($6.93B), and Water Heaters (Instantaneous/Storage, Non-Electric, NES) ($2.7B)

HS6 Disaggregation for Other Heating Machinery (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Other Heating Machinery by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $147M
TOP IMPORT POTENTIALChina+ $59.3M

Other Heating Machinery’s highest export potential is United States. With an export gap of $147M.  Other Heating Machinery’s highest import potential is China with an import gap of $59.3M.

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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)

Country by Relatedness

The following visualization shows the relatedness of Other Heating Machinery to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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