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850153 (Harmonized System 1992 for 6-digit)

2023
World Trade $8.43BRnk 440 / 4644
2023
Top Exporter | Top Importer $1.54B | $1.43BChina | United States
2023
Product Complexity 1Rnk 775 / 4656
2022 - 2023
Export Growth (CAGR) 30%Rnk 156 / 4644
2023
Share of World Trade 0.037%Rnk 440 / 4644

About

Overview This page contains the latest trade data of AC motors, multi-phase, of an output > 75 kW. In 2023, AC motors, multi-phase, of an output > 75 kW were the world's 440th most traded product, with a total trade of $8.43B. Between 2022 and 2023 the exports of AC motors, multi-phase, of an output > 75 kW grew by 30%, from $6.48B to $8.43B. Trade in AC motors, multi-phase, of an output > 75 kW represent 0.037% of total world trade.

AC motors, multi-phase, of an output > 75 kW are a part of Electric Motors.

Exports In 2023 the top exporters of AC motors, multi-phase, of an output > 75 kW  were China ($1.54B), Germany ($1.46B), United States ($496M), Mexico ($486M), and Finland ($449M).

Imports In 2023 the top importers of AC motors, multi-phase, of an output > 75 kW were United States ($1.43B), Germany ($989M), China ($600M), Belgium ($489M), and Hungary ($343M).

Ranking AC motors, multi-phase, of an output > 75 kW ranks 775th in the Product Complexity Index (PCI).

Description Ac motors are more efficient than dc motors. They are commonly used for power equipment such as compressors, pumps, and fans. They are also used in electric vehicles. A multi-phase ac motor has 3 phases. They are complex and expensive to manufacture.

Latest Trends

Latest Data

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The following visualization shows the latest trends on AC motors, multi-phase, of an output > 75 kW. 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 (2023)China$1.54B
Top Destination (2023)United States$1.43B

In 2023 AC motors, multi-phase, of an output > 75 kW were the world's 440th most traded product (out of 4,644).

In 2023, the top exporters of AC motors, multi-phase, of an output > 75 kW were China ($1.54B), Germany ($1.46B), United States ($496M), Mexico ($486M), and Finland ($449M).

In 2023, the top importers of AC motors, multi-phase, of an output > 75 kW were United States ($1.43B), Germany ($989M), China ($600M), Belgium ($489M), and Hungary ($343M).

Explore Visualizations

Exporters of AC motors, multi-phase, of an output > 75 kW (2023)
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Importers of AC motors, multi-phase, of an output > 75 kW (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$447M
Top Destination Growth (2022 -  2023)United States$523M

Between 2022 and 2023, the exports of AC motors, multi-phase, of an output > 75 kW grew the fastest in Germany ($447M), Japan ($161M), Sweden ($151M), Belgium ($149M), and Poland ($124M).

Between 2022 and 2023, the fastest growing importers of AC motors, multi-phase, of an output > 75 kW were United States ($523M), Hungary ($229M), Germany ($203M), Czechia ($93.2M), and Japan ($83.1M).

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Exporters of AC motors, multi-phase, of an output > 75 kW (2022 - 2023)

Importers of AC motors, multi-phase, of an output > 75 kW (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of AC motors, multi-phase, of an output > 75 kW.

In 2023, market concentration measured using Shannon Entropy, was 4.23. This means that most of the exports of AC motors, multi-phase, of an output > 75 kW are explained by 18 countries.

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Value of Exports in AC motors, multi-phase, of an output > 75 kW

Net Trade

TOP NET EXPORTER (2023)China$936M
TOP NET IMPORTER (2023)United States$939M

This map shows which countries export or import more of AC motors, multi-phase, of an output > 75 kW. Each country is colored based on the difference in exports and imports of AC motors, multi-phase, of an output > 75 kW during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of AC motors, multi-phase, of an output > 75 kW were China ($936M), Germany ($472M), Finland ($389M), Brazil ($357M), and Mexico ($315M).

In 2023, the countries that had a largest trade value in imports than in exports of AC motors, multi-phase, of an output > 75 kW were United States ($939M), Belgium ($317M), Canada ($206M), United Kingdom ($161M), and Turkey ($145M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to AC motors, multi-phase, of an output > 75 kW.
It is possible to select the main countries that export or import AC motors, multi-phase, of an output > 75 kW in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of AC motors, multi-phase, of an output > 75 kW 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 (2023)

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