NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

853590 (Harmonized System 1992 for 6-digit)

2023
World Trade $4.51BRnk 811 / 4644
2023
Top Exporter | Top Importer $863M | $545MGermany | United States
2023
Product Complexity 1.36Rnk 278 / 4656
2022 - 2023
Export Growth (CAGR) 8.64%Rnk 766 / 4644
2023
Share of World Trade 0.02%Rnk 811 / 4644

About

Overview This page contains the latest trade data of Electrical apparatus for voltage > 1kV, nes. In 2023, Electrical apparatus for voltage > 1kV, nes were the world's 811th most traded product, with a total trade of $4.51B. Between 2022 and 2023 the exports of Electrical apparatus for voltage > 1kV, nes grew by 8.64%, from $4.15B to $4.51B. Trade in Electrical apparatus for voltage > 1kV, nes represent 0.02% of total world trade.

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

Exports In 2023 the top exporters of Electrical apparatus for voltage > 1kV, nes  were Germany ($863M), China ($639M), United States ($485M), Mexico ($329M), and Switzerland ($219M).

Imports In 2023 the top importers of Electrical apparatus for voltage > 1kV, nes were United States ($545M), Germany ($263M), China ($231M), Mexico ($194M), and Saudi Arabia ($182M).

Ranking Electrical apparatus for voltage > 1kV, nes ranks 278th 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

View
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.

Explore Latest Trends

* 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.

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Exporters and Importers

Top Origin (2023)Germany$863M
Top Destination (2023)United States$545M

In 2023 Electrical apparatus for voltage > 1kV, nes were the world's 811th most traded product (out of 4,644).

In 2023, the top exporters of Electrical apparatus for voltage > 1kV, nes were Germany ($863M), China ($639M), United States ($485M), Mexico ($329M), and Switzerland ($219M).

In 2023, the top importers of Electrical apparatus for voltage > 1kV, nes were United States ($545M), Germany ($263M), China ($231M), Mexico ($194M), and Saudi Arabia ($182M).

Explore Visualizations

Exporters of Electrical apparatus for voltage > 1kV, nes (2023)
[Click to Select a Country]

Importers of Electrical apparatus for voltage > 1kV, nes (2023)
[Click to Select a Country]

Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$126M
Top Destination Growth (2022 -  2023)United States$50.4M

Between 2022 and 2023, the exports of Electrical apparatus for voltage > 1kV, nes grew the fastest in Germany ($126M), United States ($103M), Mexico ($68.3M), Philippines ($36.7M), and Austria ($31.4M).

Between 2022 and 2023, the fastest growing importers of Electrical apparatus for voltage > 1kV, nes were United States ($50.4M), Mexico ($44.3M), South Korea ($32.4M), Guyana ($28.8M), and United Arab Emirates ($25.2M).

Explore Visualizations

Exporters of Electrical apparatus for voltage > 1kV, nes (2022 - 2023)

Importers of Electrical apparatus for voltage > 1kV, nes (2022 - 2023)

Market Concentration

Value

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

In 2023, market concentration measured using Shannon Entropy, was 4.37. This means that most of the exports of Electrical apparatus for voltage > 1kV, nes are explained by 20 countries.

Explore Visualizations

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

Net Trade

TOP NET EXPORTER (2023)Germany$601M
TOP NET IMPORTER (2023)Saudi Arabia$178M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electrical apparatus for voltage > 1kV, nes were Germany ($601M), China ($408M), Switzerland ($167M), Mexico ($135M), and Japan ($105M).

In 2023, the countries that had a largest trade value in imports than in exports of Electrical apparatus for voltage > 1kV, nes were Saudi Arabia ($178M), Vietnam ($117M), Canada ($114M), Philippines ($110M), and Malaysia ($82.1M).

Net Trade (2023)

Country Comparison

Flow
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 (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms