T3 · Product exporter position

USA, Puerto Rico and US Virgin Islands exports of Furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514 (HS 851490)

See where USA, Puerto Rico and US Virgin Islands stands in furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514: export scale, destination breadth, market position, growth, and reported trade history.

Exporter USAHS6 851490Latest year 2024Growing

Latest exports

$270.5MLatest observed lane total

Destination markets

128Reported active markets

Three-year growth

+3.4%Annualized change

Destination HHI

2,632Destination concentration

Weighted share

48%Reported market position

Exporter evidence

How strong is USA, Puerto Rico and US Virgin Islands in Furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514?

Reported exporter totals and calculated indicators for HS 851490. Values retain their observed coverage period.

Exporter scale

Latest exports$270.5M
Current 2024 exports$269.8M
Three-year average$255.8M
Historical peak$588.1M

Market position

Active destinations128
Destination HHI2,632
Weighted share48%
Share change+1.1 pp

Competitiveness

Three-year growth+3.4%
Volatility0.8
Maximum drawdown72.7%
TrendGrowing
MeasureValueWhat it describes
ExporterUSA, Puerto Rico and US Virgin IslandsCountry represented by this profile
Latest observed exports$270.5MSum of latest observed destination-lane values
Current 2024 exports$269.8MCommon-year comparison where reported
Three-year growth+3.4%Annualized change in exporter totals
Five-year growth+9.7%Annualized change in exporter totals
Leading destinationJPNDestination with the largest observed export value
Leading destination share49.6%Share of observed exporter totals
Destination concentration2,632HHI across destination markets
Weighted share change+1.1 ppValue-weighted latest change in market share
Limited-history lanes14.7%Share of lanes with shorter history

Destination markets

Where does USA, Puerto Rico and US Virgin Islands sell furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514?

Leading destination observations ranked by reported export value, with market position and access context.

DestinationLatest exportsMarket shareGrowthAccessSignal
Japan$134.3M72.1%+5.4%0% tariffGrowing
Canada$18.1M40.2%+17.5%FTA reportedStable
Taiwan$16.1M55.9%+30.7%Not reportedStable
Mexico$13.8M28.6%+8.4%FTA reportedGrowing
China$11.9M13.5%-15.4%0.3% tariffStable
Republic of Korea$8.8M16.9%-2.3%FTA reportedStable
Singapore$7.5M35.7%+8.7%FTA reportedStable
United Kingdom$6.9M11.2%+25.7%Not reportedStable
Germany$6.0M5.9%-16.2%0.1% tariffStable
Malaysia$4.7M12%-14.9%0.1% tariffStable

Destination

Japan

Latest exports
$134.3M
Market share
72.1%
Growth
+5.4%
Access
0% tariff
Signal
Growing

Destination

Canada

Latest exports
$18.1M
Market share
40.2%
Growth
+17.5%
Access
FTA reported
Signal
Stable

Destination

Taiwan

Latest exports
$16.1M
Market share
55.9%
Growth
+30.7%
Access
Not reported
Signal
Stable

Destination

Mexico

Latest exports
$13.8M
Market share
28.6%
Growth
+8.4%
Access
FTA reported
Signal
Growing

Destination

China

Latest exports
$11.9M
Market share
13.5%
Growth
-15.4%
Access
0.3% tariff
Signal
Stable

Destination

Republic of Korea

Latest exports
$8.8M
Market share
16.9%
Growth
-2.3%
Access
FTA reported
Signal
Stable

Destination

Singapore

Latest exports
$7.5M
Market share
35.7%
Growth
+8.7%
Access
FTA reported
Signal
Stable

Destination

United Kingdom

Latest exports
$6.9M
Market share
11.2%
Growth
+25.7%
Access
Not reported
Signal
Stable

Destination

Germany

Latest exports
$6.0M
Market share
5.9%
Growth
-16.2%
Access
0.1% tariff
Signal
Stable

Destination

Malaysia

Latest exports
$4.7M
Market share
12%
Growth
-14.9%
Access
0.1% tariff
Signal
Stable

Price intelligence

How does USA, Puerto Rico and US Virgin Islands's price position vary?

Price comparisons are shown where market-level unit-value observations are available. They describe reported trade values and quantities, not quoted selling prices.

Highest reported price

Brunei: $6.2M / ton.

Lowest reported price

Senegal: $2.0K / ton.

Median price

$63.6K / ton across reported markets.

Export trend

Reported export history

Annual observations for USA, Puerto Rico and US Virgin Islands and HS 851490 where available.

YearExportsYear-on-year changeActive destinations
2010$172.0M-10%132
2011$211.0M+22.7%130
2012$198.6M-5.9%140
2013$164.2M-17.3%139
2014$173.3M+5.6%136
2015$215.9M+24.6%139
2016$166.2M-23%132
2017$167.9M+1.1%134
2018$179.7M+7%134
2019$169.6M-5.6%131
2020$155.8M-8.1%133
2021$243.7M+56.4%132
2022$201.4M-17.3%132
2023$296.1M+47%135
2024$269.8M-8.9%128

Exporter context

USA, Puerto Rico and US Virgin Islands economy and trade network

The exporter profile adds country-level trade and structural context to the selected product position. These indicators describe the country overall and are not limited to HS 851490.

USA, Puerto Rico and US Virgin Islands has reported exports of $1.9T and a trade balance of -$1.3T in 2024.

Available structural indicators include 25.3% trade openness, 21.9% investment, and 270 active trade partners.

Reported values

Export totals and destination values describe reported merchandise trade for the stated exporter, HS6 classification, and available year.

Calculated indicators

Growth, concentration, weighted share, volatility, drawdown, and price comparisons are calculated from reported observations.

Coverage

Missing values remain “Not reported”. Country-level indicators are presented separately from product-level observations.

Frequently asked questions

Questions about USA, Puerto Rico and US Virgin Islands furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514 exports

Quick answers based on the figures and coverage shown on this page.

How strong is this exporter?

Use latest exports, destination breadth, growth, concentration, and weighted share together rather than relying on one measure.

Which markets are most important?

The destination table ranks reported markets by the latest observed export value.

Does the price section show quotes?

No. It summarizes reported trade value and quantity observations converted to unit values.

What should be checked next?

Compare this exporter with buyer markets, corridors, and the product overview before making a commercial decision.