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851150 (Harmonized System 1992 for 6-digit)

2022
World Trade $5.51BRnk 699 / 4648
2022
Top Exporter | Top Importer $862M | $1.38BMexico | United States
2022
Product Complexity 0.8Rnk 1103 / 4653
2021 - 2022
Export Growth (CAGR) 0.074%Rnk 2939 / 4648
2022
Share of World Trade 0.023%Rnk 699 / 4648

About

Overview This page contains the latest trade data of Generators and alternators. In 2022, Generators and alternators were the world's 699th most traded product, with a total trade of $5.51B. Between 2021 and 2022 the exports of Generators and alternators grew by 0.074%, from $5.5B to $5.51B. Trade in Generators and alternators represent 0.023% of total world trade.

Generators and alternators are a part of Electrical Ignitions.

Exports In 2022 the top exporters of Generators and alternators  were Mexico ($862M), France ($770M), China ($631M), United States ($537M), and Germany ($524M).

Imports In 2022 the top importers of Generators and alternators were United States ($1.38B), Germany ($648M), Mexico ($415M), China ($245M), and France ($229M).

Ranking Generators and alternators ranks 1103rd in the Product Complexity Index (PCI).

Description A generator is an electric device that converts mechanical energy into electrical energy. A typical generator is driven by a motor, usually diesel, gas, or steam. Alternators are used in automobiles to produce electrical power. They are typically driven by the engine and produce alternating current.

Latest Trends

Latest Data

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The following visualization shows the latest trends on Generators and alternators. 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)Mexico$862M
Top Destination (2022)United States$1.38B

In 2022 Generators and alternators were the world's 699th most traded product (out of 4,648).

In 2022, the top exporters of Generators and alternators were Mexico ($862M), France ($770M), China ($631M), United States ($537M), and Germany ($524M).

In 2022, the top importers of Generators and alternators were United States ($1.38B), Germany ($648M), Mexico ($415M), China ($245M), and France ($229M).

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Exporters of Generators and alternators (2022)
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Importers of Generators and alternators (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)China$95.5M
Top Destination Growth (2021 -  2022)United States$108M

Between 2021 and 2022, the exports of Generators and alternators grew the fastest in China ($95.5M), Mexico ($60.7M), United States ($53.8M), Poland ($36.1M), and Brazil ($21.5M).

Between 2021 and 2022, the fastest growing importers of Generators and alternators were United States ($108M), Canada ($40.9M), Mexico ($29.5M), Poland ($26.8M), and Singapore ($17.5M).

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Exporters of Generators and alternators (2021 - 2022)

Importers of Generators and alternators (2021 - 2022)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Generators and alternators.

In 2022, market concentration measured using Shannon Entropy, was 4.05. This means that most of the exports of Generators and alternators are explained by 16 countries.

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Value of Exports in Generators and alternators

Net Trade

TOP NET EXPORTER (2022)France$541M
TOP NET IMPORTER (2022)United States$846M

This map shows which countries export or import more of Generators and alternators. Each country is colored based on the difference in exports and imports of Generators and alternators during 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Generators and alternators were France ($541M), Mexico ($447M), China ($386M), Japan ($345M), and Hungary ($110M).

In 2022, the countries that had a largest trade value in imports than in exports of Generators and alternators were United States ($846M), Canada ($158M), Germany ($124M), United Kingdom ($99.6M), and Slovakia ($90.4M).

Net Trade (2022)

Country Comparison

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Ranking

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

Top 10 Exporters Countries of Generators and alternators 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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