Electric accumulators, including separators therefor; whether or not rectangular (including square)

8507 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Electric Batteries. In 2021, Electric Batteries were the world's 31st most traded product, with a total trade of $95.3B. Between 2020 and 2021 the exports of Electric Batteries grew by 41.2%, from $67.5B to $95.3B. Trade in Electric Batteries represent 0.45% of total world trade.

Electric Batteries are a part of Electrical machinery and electronics. They include Electric accumulators, nes, Lead-acid electric accumulators (vehicle), Lead-acid electric accumulators except for vehicles, Parts of electric accumulators, including separators, Nickel-cadmium electric accumulators, and Nickel-iron electric accumulators.

Exports In 2021 the top exporters of Electric Batteries  were China ($33.4B), Poland ($8.74B), South Korea ($8.63B), Germany ($8.16B), and Japan ($5.46B).

Imports In 2021 the top importers of Electric Batteries were United States ($14.9B), Germany ($13.4B), Vietnam ($3.77B), China ($3.71B), and South Korea ($3.62B).

Ranking Electric Batteries ranks 157th in the Product Complexity Index (PCI).

Description Electric accumulators are used to store electricity for use in electrical devices. They can be made from a variety of materials, including lead acid, nickel cadmium, and lithium ion.

Latest Data

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The following visualization shows the latest trends on Electric 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.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Exporters and Importers

Top Origin (2021)China$33.4B
Top Destination (2021)United States$14.9B

In 2021 Electric Batteries were the world's 31st most traded product (out of 1,217).

In 2021, the top exporters of Electric Batteries were China ($33.4B), Poland ($8.74B), South Korea ($8.63B), Germany ($8.16B), and Japan ($5.46B).

In 2021, the top importers of Electric Batteries were United States ($14.9B), Germany ($13.4B), Vietnam ($3.77B), China ($3.71B), and South Korea ($3.62B).

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Exporters of Electric Batteries (2021)
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Importers of Electric Batteries (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)China$12.9B
Top Destination Growth (2020 -  2021)United States$5.53B

Between 2020 and 2021, the exports of Electric Batteries grew the fastest in China ($12.9B), Poland ($3.45B), Germany ($2.55B), Hungary ($2.05B), and Japan ($1.04B).

Between 2020 and 2021, the fastest growing importers of Electric Batteries were United States ($5.53B), Germany ($5.52B), South Korea ($1.58B), Mexico ($1.25B), and Vietnam ($1.25B).

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Exporters of Electric Batteries (2020 - 2021)

Importers of Electric Batteries (2020 - 2021)

Market Concentration

Value

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

In 2021, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Electric Batteries are explained by 13 countries.

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Value of Exports in Electric Batteries

Net Trade

TOP NET EXPORTER (2021)China$29.7B
TOP NET IMPORTER (2021)United States$11.5B

This map shows which countries export or import more of Electric Batteries. Each country is colored based on the difference in exports and imports of Electric Batteries during 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Electric Batteries were China ($29.7B), Poland ($6.16B), South Korea ($5.01B), Japan ($3.25B), and Hungary ($2.76B).

In 2021, the countries that had a largest trade value in imports than in exports of Electric Batteries were United States ($11.5B), Germany ($5.27B), Hong Kong ($2.4B), Vietnam ($2.03B), and France ($1.89B).

Net Trade (2021)

Disaggregation

Value

In 2021, the world most traded Electric Batteries, disaggragated by their HS6 level were Electric accumulators, nes ($67.7B), Lead-acid electric accumulators (vehicle) ($12.7B), Lead-acid electric accumulators except for vehicles ($8.78B), Parts of electric accumulators, including separators ($5.3B), and Nickel-cadmium electric accumulators ($756M)

HS6 Disaggregation for Electric Batteries (2021)
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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 Electric Batteries.
It is possible to select the main countries that export or import Electric Batteries in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric Batteries 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 (2021)

Country by Relatedness

The following visualization shows the relatedness of Electric 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 (2021)

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