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853610 (Harmonized System 1992 for 6-digit)

2022
World Trade $3.12BRnk 1129 / 4648
2022
Top Exporter | Top Importer $567M | $429MChina | United States
2022
Product Complexity 0.91Rnk 922 / 4653
2021 - 2022
Export Growth (CAGR) 3.32%Rnk 2478 / 4648
2022
Share of World Trade 0.013%Rnk 1129 / 4648

About

Overview This page contains the latest trade data of Electrical fuses, for < 1,000 volts. In 2022, Electrical fuses, for < 1,000 volts were the world's 1129th most traded product, with a total trade of $3.12B. Between 2021 and 2022 the exports of Electrical fuses, for < 1,000 volts grew by 3.32%, from $3.02B to $3.12B. Trade in Electrical fuses, for < 1,000 volts represent 0.013% of total world trade.

Electrical fuses, for < 1,000 volts are a part of Low-voltage Protection Equipment.

Exports In 2022 the top exporters of Electrical fuses, for < 1,000 volts  were China ($567M), Mexico ($384M), Japan ($305M), United States ($267M), and Germany ($176M).

Imports In 2022 the top importers of Electrical fuses, for < 1,000 volts were United States ($429M), China ($360M), Hong Kong ($260M), Germany ($182M), and Mexico ($171M).

Ranking Electrical fuses, for < 1,000 volts ranks 922nd in the Product Complexity Index (PCI).

Description The use of electrical fuses is to protect a circuit from damage to the circuit that may happen as a result of too much current flowing through the circuit. This will protect the wires, the circuit breakers, and the circuit.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Electrical fuses, for < 1,000 volts. 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$567M
Top Destination (2022)United States$429M

In 2022 Electrical fuses, for < 1,000 volts were the world's 1129th most traded product (out of 4,648).

In 2022, the top exporters of Electrical fuses, for < 1,000 volts were China ($567M), Mexico ($384M), Japan ($305M), United States ($267M), and Germany ($176M).

In 2022, the top importers of Electrical fuses, for < 1,000 volts were United States ($429M), China ($360M), Hong Kong ($260M), Germany ($182M), and Mexico ($171M).

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Exporters of Electrical fuses, for < 1,000 volts (2022)
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Importers of Electrical fuses, for < 1,000 volts (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$53.9M
Top Destination Growth (2021 -  2022)United States$59.1M

Between 2021 and 2022, the exports of Electrical fuses, for < 1,000 volts grew the fastest in United States ($53.9M), Mexico ($37.4M), South Korea ($17.2M), United Arab Emirates ($16.1M), and Brazil ($13M).

Between 2021 and 2022, the fastest growing importers of Electrical fuses, for < 1,000 volts were United States ($59.1M), Indonesia ($21.3M), Singapore ($17M), Mexico ($13.7M), and Tanzania ($13.5M).

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Exporters of Electrical fuses, for < 1,000 volts (2021 - 2022)

Importers of Electrical fuses, for < 1,000 volts (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical fuses, for < 1,000 volts.

In 2022, market concentration measured using Shannon Entropy, was 4.32. This means that most of the exports of Electrical fuses, for < 1,000 volts are explained by 20 countries.

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Value of Exports in Electrical fuses, for < 1,000 volts

Net Trade

TOP NET EXPORTER (2022)Japan$234M
TOP NET IMPORTER (2022)Hong Kong$227M

This map shows which countries export or import more of Electrical fuses, for < 1,000 volts. Each country is colored based on the difference in exports and imports of Electrical fuses, for < 1,000 volts during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electrical fuses, for < 1,000 volts were Japan ($234M), Mexico ($213M), China ($207M), Philippines ($134M), and Thailand ($68.2M).

In 2022, the countries that had a largest trade value in imports than in exports of Electrical fuses, for < 1,000 volts were Hong Kong ($227M), United States ($162M), Vietnam ($69.4M), Indonesia ($46.3M), and Malaysia ($41.9M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

This visualization shows the countries that have an important ratio of their trade related to Electrical fuses, for < 1,000 volts.
It is possible to select the main countries that export or import Electrical fuses, for < 1,000 volts in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrical fuses, for < 1,000 volts 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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