HS Icon Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

85 (Harmonized System 1992 for 2-digit)

Overview This page contains the latest trade data of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles. In 2020, Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles were the world's 1st most traded product, with a total trade of $2.58T. Between 2019 and 2020 the exports of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles grew by 2.77%, from $2.51T to $2.58T. Trade in Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles represent 15.4% of total world trade.

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles are a part of Machines. They include Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television....

Exports In 2020 the top exporters of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles  were China ($783B), Chinese Taipei ($194B), South Korea ($166B), United States ($152B), and Germany ($144B).

Imports In 2020 the top importers of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles were United States ($334B), Hong Kong ($306B), China ($270B), Germany ($147B), and Mexico ($90.3B).

Ranking Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles ranks 6th in the Product Complexity Index (PCI).

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The following visualization shows the latest trends on Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): China, $783B

Top Destination (2020): United States, $334B

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles are the world's 1st most traded product.

In 2020, the top exporters of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles were China ($783B), Chinese Taipei ($194B), South Korea ($166B), United States ($152B), and Germany ($144B).

In 2020, the top importers of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles were United States ($334B), Hong Kong ($306B), China ($270B), Germany ($147B), and Mexico ($90.3B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): China, $44.8B

Top Destination Growth (2019 - 2020): China, $35B

Between 2019 and 2020, the exports of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles grew the fastest in China ($44.8B), Chinese Taipei ($28.9B), Vietnam ($12.9B), Singapore ($8.24B), and South Korea ($6.53B).

Between 2019 and 2020, the fastest growing importers of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles were China ($35B), Vietnam ($15.9B), Hong Kong ($11.3B), Chinese Taipei ($10.4B), and Germany ($6.97B).

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Market Concentration

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Cumulative market share

Value

This chart shows the evolution of the market concentration of exports of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles.

In 2020,  market concentration measured using Shannon Entropy, was 4.18. This means that most of the exports of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles are explained by 18 countries.

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TOP NET EXPORTER (2020): China, $514B

TOP NET IMPORTER (2020): Hong Kong, $275B

This map shows which countries export or import more of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles. Each country is colored based on the difference in exports and imports of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles were China ($514B), Chinese Taipei ($120B), South Korea ($80.3B), Malaysia ($55.7B), and Vietnam ($30.4B).

In 2020, the countries that had a largest trade value in imports than in exports of Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles were Hong Kong ($275B), United States ($182B), United Kingdom ($30.3B), Canada ($28.8B), and India ($28.7B).

Disaggregation

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Value
Disaggregation

In 2020, the world most traded Electrical machinery and equipment and parts..., disaggragated by their HS6 level were Electrical machinery and equipment and parts... ($2.58T)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles.
It is possible to select the main countries that export or import Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles in the world, or by continent, as well as select the measure of interest.

Product Complexity

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Diversification Frontier

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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.