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850140 (Harmonized System 1992 for 6-digit)

2022
World Trade $6.63BRnk 586 / 4648
2022
Top Exporter | Top Importer $2.74B | $1.9BChina | United States
2022
Product Complexity 0.15Rnk 2273 / 4653
2021 - 2022
Export Growth (CAGR) -2.91%Rnk 3365 / 4648
2022
Share of World Trade 0.028%Rnk 586 / 4648

About

Overview This page contains the latest trade data of AC motors, single-phase, nes. In 2022, AC motors, single-phase, nes were the world's 586th most traded product, with a total trade of $6.63B. Between 2021 and 2022 the exports of AC motors, single-phase, nes decreased by -2.91%, from $6.82B to $6.63B. Trade in AC motors, single-phase, nes represent 0.028% of total world trade.

AC motors, single-phase, nes are a part of Electric Motors.

Exports In 2022 the top exporters of AC motors, single-phase, nes  were China ($2.74B), Mexico ($1.02B), United States ($404M), Vietnam ($367M), and Italy ($268M).

Imports In 2022 the top importers of AC motors, single-phase, nes were United States ($1.9B), Mexico ($441M), Germany ($283M), France ($275M), and Canada ($251M).

Ranking AC motors, single-phase, nes ranks 2273rd in the Product Complexity Index (PCI).

Description Typically, ac motors are used in smaller applications such as washing machines, vacuum cleaners, blenders, and other small appliances. Single-phase motors often have a single winding that is connected to one phase of the ac supply.

Latest Trends

Latest Data

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The following visualization shows the latest trends on AC motors, single-phase, nes. 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 (2022)China$2.74B
Top Destination (2022)United States$1.9B

In 2022 AC motors, single-phase, nes were the world's 586th most traded product (out of 4,648).

In 2022, the top exporters of AC motors, single-phase, nes were China ($2.74B), Mexico ($1.02B), United States ($404M), Vietnam ($367M), and Italy ($268M).

In 2022, the top importers of AC motors, single-phase, nes were United States ($1.9B), Mexico ($441M), Germany ($283M), France ($275M), and Canada ($251M).

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Exporters of AC motors, single-phase, nes (2022)
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Importers of AC motors, single-phase, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Japan$28.6M
Top Destination Growth (2021 -  2022)Italy$38.7M

Between 2021 and 2022, the exports of AC motors, single-phase, nes grew the fastest in Japan ($28.6M), Philippines ($25.7M), Thailand ($12M), Mexico ($11.1M), and Indonesia ($10.5M).

Between 2021 and 2022, the fastest growing importers of AC motors, single-phase, nes were Italy ($38.7M), Malaysia ($24.9M), United Arab Emirates ($23.2M), Kuwait ($19.8M), and India ($18.7M).

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Exporters of AC motors, single-phase, nes (2021 - 2022)

Importers of AC motors, single-phase, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of AC motors, single-phase, nes.

In 2022, market concentration measured using Shannon Entropy, was 3.36. This means that most of the exports of AC motors, single-phase, nes are explained by 10 countries.

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Value of Exports in AC motors, single-phase, nes

Net Trade

TOP NET EXPORTER (2022)China$2.67B
TOP NET IMPORTER (2022)United States$1.5B

This map shows which countries export or import more of AC motors, single-phase, nes. Each country is colored based on the difference in exports and imports of AC motors, single-phase, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of AC motors, single-phase, nes were China ($2.67B), Mexico ($581M), Vietnam ($257M), Tunisia ($189M), and Chinese Taipei ($34.3M).

In 2022, the countries that had a largest trade value in imports than in exports of AC motors, single-phase, nes were United States ($1.5B), Canada ($240M), Turkey ($165M), Indonesia ($157M), and Malaysia ($128M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of AC motors, single-phase, nes 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 (2022)

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