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850110 (Harmonized System 1992 for 6-digit)

2022
World Trade $15.5BRnk 234 / 4648
2022
Top Exporter | Top Importer $4.58B | $2.35BChina | United States
2022
Product Complexity 0.53Rnk 1599 / 4653
2021 - 2022
Export Growth (CAGR) 2.17%Rnk 2647 / 4648
2022
Share of World Trade 0.065%Rnk 234 / 4648

About

Overview This page contains the latest trade data of Electric motors of an output < 37.5 watts. In 2022, Electric motors of an output < 37.5 watts were the world's 234th most traded product, with a total trade of $15.5B. Between 2021 and 2022 the exports of Electric motors of an output < 37.5 watts grew by 2.17%, from $15.2B to $15.5B. Trade in Electric motors of an output < 37.5 watts represent 0.065% of total world trade.

Electric motors of an output < 37.5 watts are a part of Electric Motors.

Exports In 2022 the top exporters of Electric motors of an output < 37.5 watts  were China ($4.58B), Germany ($1.36B), Switzerland ($1.31B), Vietnam ($773M), and Japan ($733M).

Imports In 2022 the top importers of Electric motors of an output < 37.5 watts were United States ($2.35B), Germany ($1.38B), China ($1.16B), South Korea ($894M), and Mexico ($645M).

Ranking Electric motors of an output < 37.5 watts ranks 1599th in the Product Complexity Index (PCI).

Description The number of applications for motors of this output is practically limited to small appliances in the home. Small appliances such as coffee machines, ovens, irons, and electric blankets use motors of this output. What are the common uses of electric motors of an output > 37.5 watts in a few sentences? The majority of motors of this output are used in machinery. Electric motors of this output are typically used in construction equipment, food processing equipment, mining equipment, and ship propulsion.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric motors of an output < 37.5 watts. 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$4.58B
Top Destination (2022)United States$2.35B

In 2022 Electric motors of an output < 37.5 watts were the world's 234th most traded product (out of 4,648).

In 2022, the top exporters of Electric motors of an output < 37.5 watts were China ($4.58B), Germany ($1.36B), Switzerland ($1.31B), Vietnam ($773M), and Japan ($733M).

In 2022, the top importers of Electric motors of an output < 37.5 watts were United States ($2.35B), Germany ($1.38B), China ($1.16B), South Korea ($894M), and Mexico ($645M).

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Exporters of Electric motors of an output < 37.5 watts (2022)
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Importers of Electric motors of an output < 37.5 watts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)France$323M
Top Destination Growth (2021 -  2022)Spain$198M

Between 2021 and 2022, the exports of Electric motors of an output < 37.5 watts grew the fastest in France ($323M), Vietnam ($129M), United States ($73.6M), Serbia ($70.3M), and Netherlands ($60.7M).

Between 2021 and 2022, the fastest growing importers of Electric motors of an output < 37.5 watts were Spain ($198M), United States ($151M), Slovakia ($123M), Netherlands ($75M), and Vietnam ($69.1M).

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Exporters of Electric motors of an output < 37.5 watts (2021 - 2022)

Importers of Electric motors of an output < 37.5 watts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric motors of an output < 37.5 watts.

In 2022, market concentration measured using Shannon Entropy, was 4.11. This means that most of the exports of Electric motors of an output < 37.5 watts are explained by 17 countries.

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Value of Exports in Electric motors of an output < 37.5 watts

Net Trade

TOP NET EXPORTER (2022)China$3.43B
TOP NET IMPORTER (2022)United States$1.71B

This map shows which countries export or import more of Electric motors of an output < 37.5 watts. Each country is colored based on the difference in exports and imports of Electric motors of an output < 37.5 watts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electric motors of an output < 37.5 watts were China ($3.43B), Switzerland ($1.1B), Vietnam ($459M), Serbia ($274M), and France ($266M).

In 2022, the countries that had a largest trade value in imports than in exports of Electric motors of an output < 37.5 watts were United States ($1.71B), South Korea ($488M), Hong Kong ($402M), Czechia ($397M), and Spain ($373M).

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 Electric motors of an output < 37.5 watts.
It is possible to select the main countries that export or import Electric motors of an output < 37.5 watts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electric motors of an output < 37.5 watts 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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