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850230 (Harmonized System 1992 for 6-digit)

2023
World Trade $9.98BRnk 366 / 4644
2023
Top Exporter | Top Importer $3.17B | $644MChina | United Kingdom
2023
Product Complexity 0.61Rnk 1462 / 4656
2022 - 2023
Export Growth (CAGR) 3.06%Rnk 1219 / 4644
2023
Share of World Trade 0.044%Rnk 366 / 4644

About

Overview This page contains the latest trade data of Electric generating sets, nes. In 2023, Electric generating sets, nes were the world's 366th most traded product, with a total trade of $9.98B. Between 2022 and 2023 the exports of Electric generating sets, nes grew by 3.06%, from $9.68B to $9.98B. Trade in Electric generating sets, nes represent 0.044% of total world trade.

Electric generating sets, nes are a part of Electric Generating Sets.

Exports In 2023 the top exporters of Electric generating sets, nes  were China ($3.17B), Germany ($2.01B), Denmark ($1.02B), United States ($805M), and France ($550M).

Imports In 2023 the top importers of Electric generating sets, nes were United Kingdom ($644M), United States ($620M), Chile ($585M), Canada ($577M), and Brazil ($508M).

Ranking Electric generating sets, nes ranks 1462nd in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric generating sets, 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 (2023)China$3.17B
Top Destination (2023)United Kingdom$644M

In 2023 Electric generating sets, nes were the world's 366th most traded product (out of 4,644).

In 2023, the top exporters of Electric generating sets, nes were China ($3.17B), Germany ($2.01B), Denmark ($1.02B), United States ($805M), and France ($550M).

In 2023, the top importers of Electric generating sets, nes were United Kingdom ($644M), United States ($620M), Chile ($585M), Canada ($577M), and Brazil ($508M).

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Exporters of Electric generating sets, nes (2023)
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Importers of Electric generating sets, nes (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$502M
Top Destination Growth (2022 -  2023)South Africa$273M

Between 2022 and 2023, the exports of Electric generating sets, nes grew the fastest in France ($502M), Germany ($379M), United States ($209M), Sweden ($134M), and Australia ($41.5M).

Between 2022 and 2023, the fastest growing importers of Electric generating sets, nes were South Africa ($273M), Brazil ($272M), Singapore ($254M), Turkey ($246M), and Kazakhstan ($186M).

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Exporters of Electric generating sets, nes (2022 - 2023)

Importers of Electric generating sets, nes (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric generating sets, nes.

In 2023, market concentration measured using Shannon Entropy, was 3.38. This means that most of the exports of Electric generating sets, nes are explained by 10 countries.

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Value of Exports in Electric generating sets, nes

Net Trade

TOP NET EXPORTER (2023)China$3.11B
TOP NET IMPORTER (2023)United Kingdom$603M

This map shows which countries export or import more of Electric generating sets, nes. Each country is colored based on the difference in exports and imports of Electric generating sets, nes during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electric generating sets, nes were China ($3.11B), Germany ($1.74B), Denmark ($958M), India ($339M), and France ($329M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric generating sets, nes were United Kingdom ($603M), Chile ($571M), Canada ($563M), Brazil ($483M), and Turkey ($406M).

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 Electric generating sets, nes.
It is possible to select the main countries that export or import Electric generating sets, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric generating sets, 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 (2023)

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