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Pricing

Cells and batteries; primary

8506 (Harmonized System 1992 for 4-digit)

2022
World Trade $9.26BRnk 401 / 1218
2022
Top Exporter | Top Importer $2.92B | $1.23BChina | United States
2022
Product Complexity 0.66Rnk 299 / 1033
2021 - 2022
Export Growth (CAGR) 1.16%Rnk 812 / 1218
2022
Share of World Trade 0.039%Rnk 401 / 1218

About

Overview This page contains the latest trade data of Batteries. In 2022, Batteries were the world's 401st most traded product, with a total trade of $9.26B. Between 2021 and 2022 the exports of Batteries grew by 1.16%, from $9.16B to $9.26B. Trade in Batteries represent 0.039% of total world trade.

Batteries are a part of Electrical machinery and electronics. They include Manganese Dioxide Batteries (<300cc), Primary cells, primary batteries nes, volume < 300 cc, Parts of primary cells and primary batteries, Silver oxide primary cells, batteries volume < 300 cc, Mercuric oxide primary cell, battery, volume < 300 cc, and Primary cells, primary batteries nes, volume > 300 cc.

Exports In 2022 the top exporters of Batteries  were China ($2.92B), United States ($821M), Singapore ($739M), Germany ($619M), and Indonesia ($594M).

Imports In 2022 the top importers of Batteries were United States ($1.23B), Germany ($705M), China ($386M), Hong Kong ($361M), and Poland ($314M).

Ranking Batteries ranks 299th in the Product Complexity Index (PCI).

Description Primary cells and primary batteries are used to store electrical energy. They can be made from a variety of materials, including lead-acid, nickel-cadmium, and lithium-ion.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Batteries. 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$2.92B
Top Destination (2022)United States$1.23B

In 2022 Batteries were the world's 401st most traded product (out of 1,218).

In 2022, the top exporters of Batteries were China ($2.92B), United States ($821M), Singapore ($739M), Germany ($619M), and Indonesia ($594M).

In 2022, the top importers of Batteries were United States ($1.23B), Germany ($705M), China ($386M), Hong Kong ($361M), and Poland ($314M).

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Exporters of Batteries (2022)
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Importers of Batteries (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)Hong Kong$128M
Top Destination Growth (2021 -  2022)Vietnam$74.1M

Between 2021 and 2022, the exports of Batteries grew the fastest in Hong Kong ($128M), United States ($60.6M), Indonesia ($33.5M), Israel ($27.3M), and Netherlands ($17.8M).

Between 2021 and 2022, the fastest growing importers of Batteries were Vietnam ($74.1M), Canada ($64.5M), United Kingdom ($57.6M), Japan ($47.6M), and Mexico ($31.4M).

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Exporters of Batteries (2021 - 2022)

Importers of Batteries (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Batteries.

In 2022, market concentration measured using Shannon Entropy, was 3.99. This means that most of the exports of Batteries are explained by 15 countries.

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Value of Exports in Batteries

Net Trade

TOP NET EXPORTER (2022)China$2.53B
TOP NET IMPORTER (2022)United States$414M

This map shows which countries export or import more of Batteries. Each country is colored based on the difference in exports and imports of Batteries during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Batteries were China ($2.53B), Singapore ($468M), Indonesia ($458M), Japan ($197M), and Israel ($101M).

In 2022, the countries that had a largest trade value in imports than in exports of Batteries were United States ($414M), Mexico ($228M), Canada ($220M), Italy ($154M), and United Kingdom ($136M).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Batteries, disaggragated by their HS6 level were Primary cells, primary batteries nes, volume... ($4.52B), Manganese Dioxide Batteries (<300cc) ($4.09B), Parts of primary cells and primary... ($369M), Silver oxide primary cells, batteries volume... ($266M), and Primary cells, primary batteries nes, volume... ($11.1M)

HS6 Disaggregation for Batteries (2022)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of Batteries by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $41.4M
TOP IMPORT POTENTIALIndonesia+ $12.6M

Batteries’s highest export potential is India. With an export gap of $41.4M.  Batteries’s highest import potential is Indonesia with an import gap of $12.6M.

See methodology.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Batteries.

Country by Relatedness

The following visualization shows the relatedness of Batteries to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2022)

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