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2022
Exports $254MWorld Rnk 8 / 182
Flag Rnk 355 / 1217
2022
Destination $4.41M Germany
2021 - 2022
FASTEST GROWING MARKET $4.41MMexico
2022
PRODUCT COMPLEXITY IN Electromagnets1.02Rnk 163 / 1025
2022
Imports $349MWorld Rnk 11 / 216
Flag Rnk 383 / 1215
2022
Origin $35.4M China
2021 - 2022
FASTEST GROWING ORIGIN $35.4MChina
2022
ECONOMIC COMPLEXITY of France1.3Rnk 16 / 133

About

Exports In 2022, France exported $254M in Electromagnets, making it the 8th largest exporter of Electromagnets in the world. At the same year, Electromagnets was the 355th most exported product in France. The main destination of Electromagnets exports from France are: Germany ($72.3M), China ($26.8M), Italy ($18.8M), United States ($16.9M), and Switzerland ($8.86M).

The fastest growing export markets for Electromagnets of France between 2021 and 2022 were Mexico ($4.41M), China ($4.4M), and India ($1.97M).

Imports In 2022, France imported $349M in Electromagnets, becoming the 11th largest importer of Electromagnets in the world. At the same year, Electromagnets was the 383rd most imported product in France. France imports Electromagnets primarily from: China ($139M), Germany ($71M), Italy ($22.1M), Japan ($16.8M), and Netherlands ($15.1M).

The fastest growing import markets in Electromagnets for France between 2021 and 2022 were China ($35.4M), Japan ($8.18M), and Philippines ($5.91M).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Electromagnets. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$254M
IMPORTS (2022)$349M
NET TRADE (2022)-$94.9M

In 2022, France exported $254M in Electromagnets. The main destinations of France exports on Electromagnets were Germany ($72.3M), China ($26.8M), Italy ($18.8M), United States ($16.9M), and Switzerland ($8.86M).

In 2022, France imported $349M in Electromagnets, mainly from China ($139M), Germany ($71M), Italy ($22.1M), Japan ($16.8M), and Netherlands ($15.1M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electromagnets EXPORT MARKETS FOR France WERE (2021 - 2022):
Mexico$4.41M (118%)
China$4.4M (19.6%)
India$1.97M (33.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electromagnets BY France WERE (2021 - 2022):
Germany-$11.9M (-14.1%)
Russia-$5.5M (-77.2%)
United States-$4.34M (-20.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, France's main exporting competitors in Electromagnets were:
China $6.28B
Germany $1.24B
Japan $1.18B
In 2022, France's main importing competitors in Electromagnets were:
Germany $1.58B
United States $1.51B
Japan $1.04B

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Trade Value of Electromagnets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $24.1M
TOP IMPORT POTENTIALGermany+ $23.5M

Electromagnets’s highest export potential is Germany. With an export gap of $24.1M.   Electromagnets’s highest import potential is Germany with an import gap of $23.5M.

See methodology.

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