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Electrical resistors (including rheostats and potentiometers), excluding heating resistors

8533 (Harmonized System 1992 for 4-digit)

2023
World Trade $11.6BRnk 325 / 1217
2023
Top Exporter | Top Importer $2.63B | $1.39BChina | China
2023
Product Complexity 1.03Rnk 169 / 1044
2022 - 2023
Export Growth (CAGR) -10.6%Rnk 765 / 1217
2023
Share of World Trade 0.051%Rnk 325 / 1217

About

Overview This page contains the latest trade data of Electrical Resistors. In 2023, Electrical Resistors were the world's 325th most traded product, with a total trade of $11.6B. Between 2022 and 2023 the exports of Electrical Resistors decreased by -10.6%, from $13B to $11.6B. Trade in Electrical Resistors represent 0.051% of total world trade.

Electrical Resistors are a part of Electrical machinery and electronics. They include Electrical resistors fixed, power capacity < 20 watt, Variable resistors, rheostats and potentiometers, nes, Electrical resistors, fixed, except heating, > 20 wat, Electrical resistors, fixed carbon, Parts of electrical resistors, rheostats, etc, Wirewound variable resistors, rheostats, etc > 20 wat, and Wirewound variable resistors, rheostats, etc, <20 wat.

Exports In 2023 the top exporters of Electrical Resistors  were China ($2.63B), Germany ($1.31B), Japan ($1.31B), Chinese Taipei ($904M), and United States ($716M).

Imports In 2023 the top importers of Electrical Resistors were China ($1.39B), Germany ($1.07B), Hong Kong ($1.04B), United States ($1.04B), and Mexico ($814M).

Ranking Electrical Resistors ranks 169th in the Product Complexity Index (PCI).

Description Resistors are used in electrical circuits to limit the flow of electricity. They can be made from a variety of materials, including metal and ceramic.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Electrical Resistors. 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$2.63B
Top Destination (2023)China$1.39B

In 2023 Electrical Resistors were the world's 325th most traded product (out of 1,217).

In 2023, the top exporters of Electrical Resistors were China ($2.63B), Germany ($1.31B), Japan ($1.31B), Chinese Taipei ($904M), and United States ($716M).

In 2023, the top importers of Electrical Resistors were China ($1.39B), Germany ($1.07B), Hong Kong ($1.04B), United States ($1.04B), and Mexico ($814M).

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Exporters of Electrical Resistors (2023)
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Importers of Electrical Resistors (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Hong Kong$100M
Top Destination Growth (2022 -  2023)Mexico$157M

Between 2022 and 2023, the exports of Electrical Resistors grew the fastest in Hong Kong ($100M), Slovakia ($17.6M), Czechia ($15.5M), Hungary ($13.5M), and United Kingdom ($12.5M).

Between 2022 and 2023, the fastest growing importers of Electrical Resistors were Mexico ($157M), India ($71.8M), France ($28.8M), Malaysia ($28M), and Romania ($26.6M).

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Exporters of Electrical Resistors (2022 - 2023)

Importers of Electrical Resistors (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical Resistors.

In 2023, market concentration measured using Shannon Entropy, was 4.2. This means that most of the exports of Electrical Resistors are explained by 18 countries.

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Value of Exports in Electrical Resistors

Net Trade

TOP NET EXPORTER (2023)China$1.24B
TOP NET IMPORTER (2023)Hong Kong$721M

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

In 2023, the countries that had a largest trade value in exports than in imports of Electrical Resistors were China ($1.24B), Japan ($992M), Chinese Taipei ($705M), Israel ($324M), and Germany ($243M).

In 2023, the countries that had a largest trade value in imports than in exports of Electrical Resistors were Hong Kong ($721M), Mexico ($478M), India ($344M), United States ($319M), and Vietnam ($293M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Electrical Resistors, disaggragated by their HS6 level were Electrical resistors fixed, power capacity <... ($5.68B), Variable resistors, rheostats and potentiometers, nes ($3.53B), Electrical resistors, fixed, except heating, >... ($1.25B), Electrical resistors, fixed carbon ($536M), and Parts of electrical resistors, rheostats, etc ($371M)

HS6 Disaggregation for Electrical Resistors (2023)
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Country Comparison

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Measure
Ranking

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

Top 10 Exporters Countries of Electrical Resistors by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $79.5M
TOP IMPORT POTENTIALPhilippines+ $28.6M

Electrical Resistors’s highest export potential is India. With an export gap of $79.5M.  Electrical Resistors’s highest import potential is Philippines with an import gap of $28.6M.

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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)

Related Products

This visualization shows products that are likely to be exported by countries that export Electrical Resistors.

Country by Relatedness

The following visualization shows the relatedness of Electrical Resistors to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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