Overview This page contains the latest trade data of Electric Furnaces. In 2022, Electric Furnaces were the world's 516th most traded product, with a total trade of $5.97B. Between 2021 and 2022 the exports of Electric Furnaces grew by 1.55%, from $5.88B to $5.97B. Trade in Electric Furnaces represent 0.025% of total world trade.
Electric Furnaces are a part of Electrical machinery and electronics. They include Industrial electric resistance heated furnaces & oven, Parts of industrial/etc electric furnaces/ovens nes, Industrial/laboratory electric furnaces and ovens nes, Industrial induction/dielectric heating equipment nes, and Industrial electric induction, dielectric furnace/ove.
Exports In 2022 the top exporters of Electric Furnaces were China ($1.22B), Germany ($882M), Italy ($722M), United States ($562M), and Japan ($355M).
Imports In 2022 the top importers of Electric Furnaces were China ($759M), United States ($660M), Indonesia ($306M), Germany ($260M), and Mexico ($208M).
Ranking Electric Furnaces ranks 188th in the Product Complexity Index (PCI).
Description Industrial or laboratory electric furnaces and ovens are used to heat materials. They can be made from a variety of materials, including steel, aluminum, copper, and other metals.