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850240 (Harmonized System 1992 for 6-digit)

2023
World Trade $179MRnk 3745 / 4644
2023
Top Exporter | Top Importer $54.1M | $19.3MGermany | Germany
2023
Product Complexity 0.5Rnk 1665 / 4656
2022 - 2023
Export Growth (CAGR) 4.77%Rnk 1060 / 4644
2023
Share of World Trade 0.00079%Rnk 3745 / 4644

About

Overview This page contains the latest trade data of Electric rotary converters. In 2023, Electric rotary converters were the world's 3745th most traded product, with a total trade of $179M. Between 2022 and 2023 the exports of Electric rotary converters grew by 4.77%, from $171M to $179M. Trade in Electric rotary converters represent 0.00079% of total world trade.

Electric rotary converters are a part of Electric Generating Sets.

Exports In 2023 the top exporters of Electric rotary converters  were Germany ($54.1M), United States ($33.9M), China ($17.5M), Belgium ($9.38M), and France ($9.36M).

Imports In 2023 the top importers of Electric rotary converters were Germany ($19.3M), United States ($15.3M), Italy ($12M), Malaysia ($8.5M), and France ($7.56M).

Ranking Electric rotary converters ranks 1665th in the Product Complexity Index (PCI).

Description Electric rotary converters change AC electricity to DC electricity. They are commonly used in electric cars and trucks, so that they can operate with a battery pack.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electric rotary converters. 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)Germany$54.1M
Top Destination (2023)Germany$19.3M

In 2023 Electric rotary converters were the world's 3745th most traded product (out of 4,644).

In 2023, the top exporters of Electric rotary converters were Germany ($54.1M), United States ($33.9M), China ($17.5M), Belgium ($9.38M), and France ($9.36M).

In 2023, the top importers of Electric rotary converters were Germany ($19.3M), United States ($15.3M), Italy ($12M), Malaysia ($8.5M), and France ($7.56M).

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Exporters of Electric rotary converters (2023)
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Importers of Electric rotary converters (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Belgium$7.32M
Top Destination Growth (2022 -  2023)Italy$5.81M

Between 2022 and 2023, the exports of Electric rotary converters grew the fastest in Belgium ($7.32M), United States ($5.22M), France ($2.94M), Australia ($2.51M), and Croatia ($1.83M).

Between 2022 and 2023, the fastest growing importers of Electric rotary converters were Italy ($5.81M), Australia ($3.98M), Germany ($3.56M), Austria ($3.53M), and Philippines ($3.07M).

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Exporters of Electric rotary converters (2022 - 2023)

Importers of Electric rotary converters (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electric rotary converters.

In 2023, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Electric rotary converters are explained by 13 countries.

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Value of Exports in Electric rotary converters

Net Trade

TOP NET EXPORTER (2023)Germany$34.8M
TOP NET IMPORTER (2023)Italy$9.83M

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

In 2023, the countries that had a largest trade value in exports than in imports of Electric rotary converters were Germany ($34.8M), United States ($18.6M), China ($14.9M), Belgium ($5.47M), and Japan ($2.02M).

In 2023, the countries that had a largest trade value in imports than in exports of Electric rotary converters were Italy ($9.83M), Malaysia ($8.23M), India ($5.75M), South Korea ($5.36M), and Switzerland ($5.23M).

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

Top 10 Exporters Countries of Electric rotary converters 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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