HS Icon Electrical Transformers in  Flag China

2020
Exports | Imports
: $33.2B | $5.6B, World Rnk 1 / 223
Flag Rnk 9 / 1215 | World Rnk 4 / 226
Flag Rnk 47 / 1214

2019 - 2020
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $577M | $293M, Vietnam |  Germany


ECONOMIC COMPLEXITY of China
: 0.96, Rnk 28 / 127


PRODUCT COMPLEXITY  IN Electrical Transformers
: 0.76, Rnk 252 / 1028

Exports In 2020, China exported $33.2B in Electrical Transformers, making it the 1st largest exporter of Electrical Transformers in the world. At the same year, Electrical Transformers was the 9th most exported product in China. The main destination of Electrical Transformers exports from China are: Hong Kong ($5.73B), United States ($4.13B), Germany ($1.98B), Japan ($1.62B), and Vietnam ($1.57B).

The fastest growing export markets for Electrical Transformers of China between 2019 and 2020 were Vietnam ($577M), Germany ($500M), and Mexico ($296M).

Imports In 2020, China imported $5.6B in Electrical Transformers, becoming the 4th largest importer of Electrical Transformers in the world. At the same year, Electrical Transformers was the 47th most imported product in China. China imports Electrical Transformers primarily from: Germany ($1.21B), Japan ($1.07B), Chinese Taipei ($387M), United States ($368M), and South Korea ($276M).

The fastest growing import markets in Electrical Transformers for China between 2019 and 2020 were Germany ($293M), Japan ($185M), and Sweden ($129M).

Tariffs In 2018, the average tariff for China in Electrical Transformers was 4.37%. The countries with the highest import tariffs for Electrical Transformers were Taiwan (Most Favoured Nation duty rate treatement, 5.59%), Burkina Faso (Most Favoured Nation duty rate treatement, 5.54%), Botswana (Most Favoured Nation duty rate treatement, 5.54%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5.54%), and Cameroon (Most Favoured Nation duty rate treatement, 5.54%).

November 2021

Subnational Monthly Trade

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Time Scale
Flow
Value

EXPORT GROWTH (November 2020 - November 2021): $767M, (24.9%)

IMPORT GROWTH (November 2020 - November 2021): $177M, (16.8%)

MAIN EXPORTER (November 2021): Guangdong Province, $1.81B

MAIN DESTINATION (November 2021): Hong Kong, $665M

This section shows Electrical Transformers's exports and imports data at subnational level for China. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Electrical Transformers over time.

For full datasets download visit Bulk Download page.

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Historical Data

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EXPORTS (2020): $33.2B

IMPORTS (2020): $5.6B

NET TRADE (2020): $27.6B

In 2020, China exported $33.2B in Electrical Transformers. The main destinations of China exports on Electrical Transformers were Hong Kong ($5.73B), United States ($4.13B), Germany ($1.98B), Japan ($1.62B), and Vietnam ($1.57B).

In 2020, China imported $5.6B in Electrical Transformers, mainly from Germany ($1.21B), Japan ($1.07B), Chinese Taipei ($387M), United States ($368M), and South Korea ($276M).

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IN 2020, China HAD A POSITIVE NET TRADE IN Electrical Transformers WITH:

IN 2020, China HAD A NEGATIVE NET TRADE IN Electrical Transformers WITH:

Flow

THE FASTEST GROWING Electrical Transformers EXPORT MARKETS FOR China WERE (2019 - 2020):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Transformers BY China WERE (2019 - 2020):

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Market Concentration

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In 2019, China's main exporting competitors in Electrical Transformers were:

In 2019, China's main importing competitors in Electrical Transformers were:

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Tariffs by Country

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In 2018, the average tariff for China in Electrical Transformers was 4.37%.

The countries with the highest tariffs for Electrical Transformers in China were Taiwan (Most Favoured Nation duty rate treatement, 5.59%), Burkina Faso (Most Favoured Nation duty rate treatement, 5.54%), Botswana (Most Favoured Nation duty rate treatement, 5.54%), Cote d'Ivoire (Most Favoured Nation duty rate treatement, 5.54%), and Cameroon (Most Favoured Nation duty rate treatement, 5.54%).