853710 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Electrical control and distribution boards, < 1kV. In 2023, Electrical control and distribution boards, < 1kV were the world's 33rd most traded product, with a total trade of $83B. Between 2022 and 2023 the exports of Electrical control and distribution boards, < 1kV grew by 14.5%, from $72.5B to $83B. Trade in Electrical control and distribution boards, < 1kV represent 0.37% of total world trade.

Electrical control and distribution boards, < 1kV are a part of Electrical Control Boards.

Exports In 2023 the top exporters of Electrical control and distribution boards, < 1kV  were China ($12.5B), Germany ($12.5B), Mexico ($9.14B), United States ($7.19B), and Japan ($3.27B).

Imports In 2023 the top importers of Electrical control and distribution boards, < 1kV were United States ($17.9B), Germany ($10.6B), China ($6.43B), United Kingdom ($2.71B), and France ($2.51B).

Ranking Electrical control and distribution boards, < 1kV ranks 1548th in the Product Complexity Index (PCI).

Description The electrical control and distribution boards are used for the distribution of electricity from the main distribution board to the circuits and equipment. They are also used for the protection of the electrical devices.

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Electrical control and distribution boards, < 1kV. 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)China$12.5B
Top Destination (2023)United States$17.9B

In 2023 Electrical control and distribution boards, < 1kV were the world's 33rd most traded product (out of 4,644).

In 2023, the top exporters of Electrical control and distribution boards, < 1kV were China ($12.5B), Germany ($12.5B), Mexico ($9.14B), United States ($7.19B), and Japan ($3.27B).

In 2023, the top importers of Electrical control and distribution boards, < 1kV were United States ($17.9B), Germany ($10.6B), China ($6.43B), United Kingdom ($2.71B), and France ($2.51B).

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Exporters of Electrical control and distribution boards, < 1kV (2023)
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Importers of Electrical control and distribution boards, < 1kV (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Germany$3.4B
Top Destination Growth (2022 -  2023)United States$1.97B

Between 2022 and 2023, the exports of Electrical control and distribution boards, < 1kV grew the fastest in Germany ($3.4B), Mexico ($1.55B), United States ($1.07B), Hungary ($560M), and Romania ($489M).

Between 2022 and 2023, the fastest growing importers of Electrical control and distribution boards, < 1kV were United States ($1.97B), Germany ($1.87B), China ($1.61B), France ($602M), and Netherlands ($557M).

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Exporters of Electrical control and distribution boards, < 1kV (2022 - 2023)

Importers of Electrical control and distribution boards, < 1kV (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical control and distribution boards, < 1kV.

In 2023, market concentration measured using Shannon Entropy, was 4.57. This means that most of the exports of Electrical control and distribution boards, < 1kV are explained by 23 countries.

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Value of Exports in Electrical control and distribution boards, < 1kV

Net Trade

TOP NET EXPORTER (2023)Mexico$7.12B
TOP NET IMPORTER (2023)United States$10.7B

This map shows which countries export or import more of Electrical control and distribution boards, < 1kV. Each country is colored based on the difference in exports and imports of Electrical control and distribution boards, < 1kV during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electrical control and distribution boards, < 1kV were Mexico ($7.12B), China ($6.06B), Romania ($2.22B), Hungary ($2.13B), and Germany ($1.91B).

In 2023, the countries that had a largest trade value in imports than in exports of Electrical control and distribution boards, < 1kV were United States ($10.7B), Turkey ($1.15B), United Kingdom ($1.12B), Hong Kong ($965M), and Netherlands ($800M).

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 Electrical control and distribution boards, < 1kV.
It is possible to select the main countries that export or import Electrical control and distribution boards, < 1kV in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrical control and distribution boards, < 1kV 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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