# Furnaces and ovens (HS4 8514) Trade Overview | Yugalinks

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Furnaces and ovens at HS4 8514, with reported global trade through 2024.

Canonical: https://www.yugalinks.com/trade/sector/hs4/8514

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## Answer

The furnaces and ovens subsector recorded $7.0B in reported global trade in 2024, with +0.5% annual change.

## Key figures

| Measure | Value |
| --- | --- |
| Latest reported trade | $7.0B |
| Latest annual change | +0.5% |
| Active exporters | 174 |
| Active importers | 198 |
| Active HS6 products | 5 |

## Annual trend

| Year | Global trade | Corridors | HS6 products |
| --- | ---: | ---: | ---: |
| 1995 | $2.3B | 2,767 | 5 |
| 1996 | $2.6B | 2,758 | 5 |
| 1997 | $2.5B | 2,758 | 5 |
| 1998 | $2.2B | 2,886 | 5 |
| 1999 | $2.3B | 3,009 | 5 |
| 2000 | $3.0B | 3,435 | 5 |
| 2001 | $2.8B | 3,447 | 5 |
| 2002 | $2.6B | 3,706 | 5 |
| 2003 | $3.0B | 3,736 | 5 |
| 2004 | $4.1B | 3,885 | 5 |
| 2005 | $4.4B | 4,023 | 5 |
| 2006 | $5.3B | 4,203 | 5 |
| 2007 | $5.0B | 4,530 | 5 |
| 2008 | $6.3B | 4,547 | 5 |
| 2009 | $4.7B | 4,402 | 5 |
| 2010 | $5.0B | 4,554 | 5 |
| 2011 | $5.8B | 4,711 | 5 |
| 2012 | $5.6B | 4,864 | 5 |
| 2013 | $5.3B | 4,908 | 5 |
| 2014 | $5.2B | 5,040 | 5 |
| 2015 | $4.9B | 5,115 | 5 |
| 2016 | $4.6B | 5,108 | 5 |
| 2017 | $4.8B | 5,204 | 5 |
| 2018 | $5.4B | 5,280 | 5 |
| 2019 | $5.6B | 5,359 | 5 |
| 2020 | $5.1B | 5,045 | 5 |
| 2021 | $5.9B | 5,222 | 5 |
| 2022 | $6.1B | 5,268 | 5 |
| 2023 | $6.9B | 5,388 | 5 |
| 2024 | $7.0B | 5,389 | 5 |

## Leading corridors

- Germany to USA, Puerto Rico and US Virgin Islands: $269.4M; growth +31.6%.
- China to Indonesia: $261.4M; growth -6.5%.
- Japan to USA, Puerto Rico and US Virgin Islands: $146.8M; growth +9.9%.
- China to Viet Nam: $143.8M; growth +17.3%.
- USA, Puerto Rico and US Virgin Islands to Japan: $140.9M; growth +5.1%.
- Germany to China: $140.5M; growth -12.6%.
- China to Russia: $111.1M; growth +54.1%.
- United Kingdom to USA, Puerto Rico and US Virgin Islands: $106.2M; growth +48%.
- Italy to USA, Puerto Rico and US Virgin Islands: $101.9M; growth +24.7%.
- China to USA, Puerto Rico and US Virgin Islands: $99.4M; growth +24%.

## HS6 products

- Furnaces and ovens: industrial or laboratory electric, resistance heated (HS6 851410)
- Furnaces and ovens: electric, for industrial or laboratory use, resistance heated: hot isostatic presses (HS6 851411)
- Furnaces and ovens: electric, for industrial or laboratory use, resistance heated: other than hot isostatic presses, for the manufacture of semiconductor devices on semiconductor wafers (HS6 851419)
- Furnaces and ovens: electric, for industrial or laboratory use, functioning by induction or dielectric loss (HS6 851420)
- Furnaces and ovens: industrial or laboratory electric, other than induction dielectric or resistance heated (HS6 851430)
- Furnaces and ovens: electric, for industrial or laboratory use, other than those functioning by induction, dielectric loss or resistance heated, electron beam furnaces (HS6 851431)
- Furnaces and ovens: electric, for industrial or laboratory use, other than those functioning by induction, dielectric loss or resistance heated, plasma and vacuum arc furnaces (HS6 851432)
- Furnaces and ovens: electric, for industrial or laboratory use, other than those functioning by induction, dielectric loss or resistance heated, other than electron beam, plasma or vacuum arc furnaces (HS6 851439)
- Heating equipment: for the heat treatment of materials by induction or dielectric loss, industrial or laboratory, other than furnaces and ovens (HS6 851440)
- Furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514 (HS6 851490)

## Definitions and coverage

Merchandise trade observations aggregated to HS4. Growth, concentration, volatility, and peak comparisons calculated from reported observations. Missing values remain unavailable and are not imputed.

Reported observations cover 1995-2024.

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## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-27). [OECD Data Explorer](https://data-explorer.oecd.org/) · [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) · [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) · [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.