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Electro-magnets;Overview This page contains the latest trade data of Electromagnets. In 2022, Electromagnets were the world's 310th most traded product, with a total trade of $13.2B. Between 2021 and 2022 the exports of Electromagnets grew by 15.7%, from $11.4B to $13.2B. Trade in Electromagnets represent 0.056% of total world trade.
Electromagnets are a part of Electrical machinery and electronics. They include Metal permanent magnets, articles intended as magnets, Electro-magnets nes and parts of magnetic devices, Permanent magnets & articles intended as magnets, nes, Electro-magnetic couplings, clutches and brakes, and Electro-magnetic lifting heads.
Exports In 2022 the top exporters of Electromagnets were China ($6.28B), Germany ($1.24B), Japan ($1.18B), Philippines ($582M), and Vietnam ($512M).
Imports In 2022 the top importers of Electromagnets were Germany ($1.58B), United States ($1.51B), Japan ($1.04B), China ($919M), and South Korea ($772M).
Ranking Electromagnets ranks 153rd in the Product Complexity Index (PCI).
Description Electromagnets are used to attract or repel magnetic materials. They can be made from a variety of materials, including iron, steel, nickel, cobalt and neodymium. Permanent magnets are used in the production of electric motors and generators. They can be made from a variety of materials, including ferrite, samarium-cobalt, and neodymium-iron-boron.
