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854720 (Harmonized System 1992 for 6-digit)

2023
World Trade $5.14BRnk 714 / 4644
2023
Top Exporter | Top Importer $1.06B | $638MGermany | Germany
2023
Product Complexity 0.95Rnk 845 / 4656
2022 - 2023
Export Growth (CAGR) 4.24%Rnk 1102 / 4644
2023
Share of World Trade 0.023%Rnk 714 / 4644

About

Overview This page contains the latest trade data of Electrical insulating fittings of plastics. In 2023, Electrical insulating fittings of plastics were the world's 714th most traded product, with a total trade of $5.14B. Between 2022 and 2023 the exports of Electrical insulating fittings of plastics grew by 4.24%, from $4.94B to $5.14B. Trade in Electrical insulating fittings of plastics represent 0.023% of total world trade.

Electrical insulating fittings of plastics are a part of Metal Insulating Fittings.

Exports In 2023 the top exporters of Electrical insulating fittings of plastics  were Germany ($1.06B), China ($601M), Japan ($523M), Czechia ($415M), and Hungary ($377M).

Imports In 2023 the top importers of Electrical insulating fittings of plastics were Germany ($638M), China ($450M), Czechia ($449M), Romania ($285M), and Mexico ($266M).

Ranking Electrical insulating fittings of plastics ranks 845th in the Product Complexity Index (PCI).

Description The common uses of these fittings are to insulate electrical wiring or other electrical connections, especially in the housing of electrical components.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electrical insulating fittings of plastics. 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$1.06B
Top Destination (2023)Germany$638M

In 2023 Electrical insulating fittings of plastics were the world's 714th most traded product (out of 4,644).

In 2023, the top exporters of Electrical insulating fittings of plastics were Germany ($1.06B), China ($601M), Japan ($523M), Czechia ($415M), and Hungary ($377M).

In 2023, the top importers of Electrical insulating fittings of plastics were Germany ($638M), China ($450M), Czechia ($449M), Romania ($285M), and Mexico ($266M).

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Exporters of Electrical insulating fittings of plastics (2023)
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Importers of Electrical insulating fittings of plastics (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Czechia$86.1M
Top Destination Growth (2022 -  2023)Hungary$49.5M

Between 2022 and 2023, the exports of Electrical insulating fittings of plastics grew the fastest in Czechia ($86.1M), Hungary ($81.8M), Morocco ($52.5M), Germany ($47.6M), and Belgium ($42.6M).

Between 2022 and 2023, the fastest growing importers of Electrical insulating fittings of plastics were Hungary ($49.5M), Turkey ($45.3M), Czechia ($44.3M), Morocco ($42.5M), and Mexico ($42M).

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Exporters of Electrical insulating fittings of plastics (2022 - 2023)

Importers of Electrical insulating fittings of plastics (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical insulating fittings of plastics.

In 2023, market concentration measured using Shannon Entropy, was 4.12. This means that most of the exports of Electrical insulating fittings of plastics are explained by 17 countries.

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Value of Exports in Electrical insulating fittings of plastics

Net Trade

TOP NET EXPORTER (2023)Japan$445M
TOP NET IMPORTER (2023)Romania$229M

This map shows which countries export or import more of Electrical insulating fittings of plastics. Each country is colored based on the difference in exports and imports of Electrical insulating fittings of plastics during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Electrical insulating fittings of plastics were Japan ($445M), Germany ($420M), Austria ($229M), United States ($151M), and China ($151M).

In 2023, the countries that had a largest trade value in imports than in exports of Electrical insulating fittings of plastics were Romania ($229M), Turkey ($170M), India ($134M), Serbia ($126M), and Mexico ($118M).

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 insulating fittings of plastics.
It is possible to select the main countries that export or import Electrical insulating fittings of plastics in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Electrical insulating fittings of plastics 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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