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841720 (Harmonized System 1992 for 6-digit)

2022
World Trade $499MRnk 2934 / 4648
2022
Top Exporter | Top Importer $117M | $52.9MItaly | United States
2022
Product Complexity 0.28Rnk 2047 / 4653
2021 - 2022
Export Growth (CAGR) -7.74%Rnk 3803 / 4648
2022
Share of World Trade 0.0021%Rnk 2934 / 4648

About

Overview This page contains the latest trade data of Bakery ovens, etc non-electric. In 2022, Bakery ovens, etc non-electric were the world's 2934th most traded product, with a total trade of $499M. Between 2021 and 2022 the exports of Bakery ovens, etc non-electric decreased by -7.74%, from $541M to $499M. Trade in Bakery ovens, etc non-electric represent 0.0021% of total world trade.

Bakery ovens, etc non-electric are a part of Industrial Furnaces.

Exports In 2022 the top exporters of Bakery ovens, etc non-electric  were Italy ($117M), China ($89.4M), United States ($52.2M), Germany ($41.6M), and United Kingdom ($20.2M).

Imports In 2022 the top importers of Bakery ovens, etc non-electric were United States ($52.9M), Germany ($24M), France ($19.3M), Mexico ($18.6M), and Canada ($17.2M).

Ranking Bakery ovens, etc non-electric ranks 2047th in the Product Complexity Index (PCI).

Description A bakery oven is used to make bread and other baked goods. There are two types of ovens: convection and non-convection. The convection oven circulates hot air on the food to brown it quickly. A brick oven is a type of oven that is used to cook pizza. You can shape the dough into a round shape and place it on the floor of the oven. The brick oven is heated by burning wood, coal, or gas. A gas oven is a type of oven that uses natural gas, propane, or butane,

Latest Trends

Latest Data

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The following visualization shows the latest trends on Bakery ovens, etc non-electric. 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)Italy$117M
Top Destination (2022)United States$52.9M

In 2022 Bakery ovens, etc non-electric were the world's 2934th most traded product (out of 4,648).

In 2022, the top exporters of Bakery ovens, etc non-electric were Italy ($117M), China ($89.4M), United States ($52.2M), Germany ($41.6M), and United Kingdom ($20.2M).

In 2022, the top importers of Bakery ovens, etc non-electric were United States ($52.9M), Germany ($24M), France ($19.3M), Mexico ($18.6M), and Canada ($17.2M).

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Exporters of Bakery ovens, etc non-electric (2022)
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Importers of Bakery ovens, etc non-electric (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$16M
Top Destination Growth (2021 -  2022)United States$9.31M

Between 2021 and 2022, the exports of Bakery ovens, etc non-electric grew the fastest in United States ($16M), Spain ($4.08M), China ($4.05M), United Kingdom ($2.54M), and Turkey ($1.59M).

Between 2021 and 2022, the fastest growing importers of Bakery ovens, etc non-electric were United States ($9.31M), Mexico ($5.37M), Spain ($4.87M), Canada ($4.27M), and Hong Kong ($4.09M).

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Exporters of Bakery ovens, etc non-electric (2021 - 2022)

Importers of Bakery ovens, etc non-electric (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Bakery ovens, etc non-electric.

In 2022, market concentration measured using Shannon Entropy, was 3.95. This means that most of the exports of Bakery ovens, etc non-electric are explained by 15 countries.

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Value of Exports in Bakery ovens, etc non-electric

Net Trade

TOP NET EXPORTER (2022)Italy$111M
TOP NET IMPORTER (2022)Mexico$17.6M

This map shows which countries export or import more of Bakery ovens, etc non-electric. Each country is colored based on the difference in exports and imports of Bakery ovens, etc non-electric during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Bakery ovens, etc non-electric were Italy ($111M), China ($78.7M), Denmark ($18.5M), Germany ($17.5M), and Sweden ($13.4M).

In 2022, the countries that had a largest trade value in imports than in exports of Bakery ovens, etc non-electric were Mexico ($17.6M), Indonesia ($15.6M), France ($11.8M), India ($10.6M), and Russia ($9.98M).

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 Bakery ovens, etc non-electric.
It is possible to select the main countries that export or import Bakery ovens, etc non-electric in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Bakery ovens, etc non-electric 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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