Electric Motor Parts
Electric motors and generators; parts suitable for use solely or principally with the machines of heading no. 8501 or 8502
8503 (Harmonized System 1992 for 4-digit)
2021 World Trade: $23B, Rnk 193 / 1217
2021 Top Exporter | Top Importer: $7.31B | $3.16B, China | Germany
2021 Product Complexity: 0.65, Rnk 303 / 1024
2020 - 2021 Export Growth (CAGR): 26.9%, Rnk 397 / 1217
2018 Mean Tariff: 4.98%, Rnk 838 / 1259
2021 Share of World Trade: 0.11%, Rnk 193 / 1217