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853690 (Harmonized System 1992 for 6-digit)

2022
World Trade $42.6BRnk 69 / 4648
2022
Top Exporter | Top Importer $12.6B | $5.94BChina | China
2022
Product Complexity 0.91Rnk 924 / 4653
2021 - 2022
Export Growth (CAGR) 1.72%Rnk 2724 / 4648
2022
Share of World Trade 0.18%Rnk 69 / 4648

About

Overview This page contains the latest trade data of Electrical switch, protector, connecter for < 1kV nes. In 2022, Electrical switch, protector, connecter for < 1kV nes were the world's 69th most traded product, with a total trade of $42.6B. Between 2021 and 2022 the exports of Electrical switch, protector, connecter for < 1kV nes grew by 1.72%, from $41.8B to $42.6B. Trade in Electrical switch, protector, connecter for < 1kV nes represent 0.18% of total world trade.

Electrical switch, protector, connecter for < 1kV nes are a part of Low-voltage Protection Equipment.

Exports In 2022 the top exporters of Electrical switch, protector, connecter for < 1kV nes  were China ($12.6B), Germany ($4.56B), United States ($4.02B), Japan ($3.97B), and South Korea ($1.33B).

Imports In 2022 the top importers of Electrical switch, protector, connecter for < 1kV nes were China ($5.94B), United States ($4.02B), Hong Kong ($3.94B), Mexico ($3.41B), and Germany ($2.59B).

Ranking Electrical switch, protector, connecter for < 1kV nes ranks 924th in the Product Complexity Index (PCI).

Description Electrical switches are used to control the flow of electricity between electrical circuits and protect electrical equipment from potential electric shock. Electrical protectors are used to prevent high voltage electricity from traveling to ground. Connecters are used to join two or more electrical circuits.

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

The following visualization shows the latest trends on Electrical switch, protector, connecter for < 1kV nes. 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$12.6B
Top Destination (2022)China$5.94B

In 2022 Electrical switch, protector, connecter for < 1kV nes were the world's 69th most traded product (out of 4,648).

In 2022, the top exporters of Electrical switch, protector, connecter for < 1kV nes were China ($12.6B), Germany ($4.56B), United States ($4.02B), Japan ($3.97B), and South Korea ($1.33B).

In 2022, the top importers of Electrical switch, protector, connecter for < 1kV nes were China ($5.94B), United States ($4.02B), Hong Kong ($3.94B), Mexico ($3.41B), and Germany ($2.59B).

Explore Visualizations

Exporters of Electrical switch, protector, connecter for < 1kV nes (2022)
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Importers of Electrical switch, protector, connecter for < 1kV nes (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$635M
Top Destination Growth (2021 -  2022)Mexico$949M

Between 2021 and 2022, the exports of Electrical switch, protector, connecter for < 1kV nes grew the fastest in United States ($635M), Singapore ($305M), Mexico ($247M), Slovakia ($150M), and Germany ($133M).

Between 2021 and 2022, the fastest growing importers of Electrical switch, protector, connecter for < 1kV nes were Mexico ($949M), United States ($392M), Malaysia ($361M), Germany ($233M), and India ($184M).

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Exporters of Electrical switch, protector, connecter for < 1kV nes (2021 - 2022)

Importers of Electrical switch, protector, connecter for < 1kV nes (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Electrical switch, protector, connecter for < 1kV nes.

In 2022, market concentration measured using Shannon Entropy, was 4.08. This means that most of the exports of Electrical switch, protector, connecter for < 1kV nes are explained by 16 countries.

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Value of Exports in Electrical switch, protector, connecter for < 1kV nes

Net Trade

TOP NET EXPORTER (2022)China$6.65B
TOP NET IMPORTER (2022)Hong Kong$3.55B

This map shows which countries export or import more of Electrical switch, protector, connecter for < 1kV nes. Each country is colored based on the difference in exports and imports of Electrical switch, protector, connecter for < 1kV nes during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Electrical switch, protector, connecter for < 1kV nes were China ($6.65B), Japan ($2.53B), Germany ($1.97B), South Korea ($734M), and Chinese Taipei ($382M).

In 2022, the countries that had a largest trade value in imports than in exports of Electrical switch, protector, connecter for < 1kV nes were Hong Kong ($3.55B), Mexico ($2.17B), Vietnam ($1.67B), India ($472M), and Canada ($382M).

Net Trade (2022)

Country Comparison

Flow
Measure
Ranking

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

Top 10 Exporters Countries of Electrical switch, protector, connecter for < 1kV nes 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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