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853590 (Harmonized System 1992 for 6-digit)

2022
World Trade $4.07BRnk 924 / 4648
2022
Top Exporter | Top Importer $731M | $440MGermany | United States
2022
Product Complexity 0.96Rnk 833 / 4653
2021 - 2022
Export Growth (CAGR) 13.6%Rnk 1255 / 4648
2022
Share of World Trade 0.017%Rnk 924 / 4648

About

Overview This page contains the latest trade data of Electrical apparatus for voltage > 1kV, nes. In 2022, Electrical apparatus for voltage > 1kV, nes were the world's 924th most traded product, with a total trade of $4.07B. Between 2021 and 2022 the exports of Electrical apparatus for voltage > 1kV, nes grew by 13.6%, from $3.58B to $4.07B. Trade in Electrical apparatus for voltage > 1kV, nes represent 0.017% of total world trade.

Electrical apparatus for voltage > 1kV, nes are a part of High-voltage Protection Equipment.

Exports In 2022 the top exporters of Electrical apparatus for voltage > 1kV, nes  were Germany ($731M), China ($622M), United States ($424M), Mexico ($241M), and France ($190M).

Imports In 2022 the top importers of Electrical apparatus for voltage > 1kV, nes were United States ($440M), Germany ($292M), China ($273M), Canada ($143M), and Mexico ($142M).

Ranking Electrical apparatus for voltage > 1kV, nes ranks 833rd in the Product Complexity Index (PCI).

Description There are a number of electrical apparatus for voltage of 1 kV or higher, such as large transformers, which are used to increase or decrease the voltage of an electrical power supply.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Electrical apparatus for voltage > 1kV, 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 (2022)Germany$731M
Top Destination (2022)United States$440M

In 2022 Electrical apparatus for voltage > 1kV, nes were the world's 924th most traded product (out of 4,648).

In 2022, the top exporters of Electrical apparatus for voltage > 1kV, nes were Germany ($731M), China ($622M), United States ($424M), Mexico ($241M), and France ($190M).

In 2022, the top importers of Electrical apparatus for voltage > 1kV, nes were United States ($440M), Germany ($292M), China ($273M), Canada ($143M), and Mexico ($142M).

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Exporters of Electrical apparatus for voltage > 1kV, nes (2022)
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Importers of Electrical apparatus for voltage > 1kV, nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$136M
Top Destination Growth (2021 -  2022)Germany$95.1M

Between 2021 and 2022, the exports of Electrical apparatus for voltage > 1kV, nes grew the fastest in China ($136M), France ($97.1M), Sweden ($62.1M), United States ($61.8M), and Mexico ($54.1M).

Between 2021 and 2022, the fastest growing importers of Electrical apparatus for voltage > 1kV, nes were Germany ($95.1M), United States ($91.9M), South Korea ($41.8M), Mexico ($27.7M), and Vietnam ($24.7M).

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Exporters of Electrical apparatus for voltage > 1kV, nes (2021 - 2022)

Importers of Electrical apparatus for voltage > 1kV, nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical apparatus for voltage > 1kV, nes.

In 2022, market concentration measured using Shannon Entropy, was 4.36. This means that most of the exports of Electrical apparatus for voltage > 1kV, nes are explained by 20 countries.

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Value of Exports in Electrical apparatus for voltage > 1kV, nes

Net Trade

TOP NET EXPORTER (2022)Germany$439M
TOP NET IMPORTER (2022)Saudi Arabia$122M

This map shows which countries export or import more of Electrical apparatus for voltage > 1kV, nes. Each country is colored based on the difference in exports and imports of Electrical apparatus for voltage > 1kV, nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electrical apparatus for voltage > 1kV, nes were Germany ($439M), China ($349M), Sweden ($127M), Switzerland ($125M), and France ($116M).

In 2022, the countries that had a largest trade value in imports than in exports of Electrical apparatus for voltage > 1kV, nes were Saudi Arabia ($122M), Vietnam ($106M), Canada ($96M), Philippines ($58.6M), and Malaysia ($56.3M).

Net Trade (2022)

Country Comparison

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Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Electrical apparatus for voltage > 1kV, nes.
It is possible to select the main countries that export or import Electrical apparatus for voltage > 1kV, nes in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrical apparatus for voltage > 1kV, 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 (2022)

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