851150 (Harmonized System 1992 for 6-digit)

About

Overview This page contains the latest trade data of Generators and alternators. In 2021, Generators and alternators were the world's 657th most traded product, with a total trade of $5.5B. Between 2020 and 2021 the exports of Generators and alternators grew by 15.8%, from $4.75B to $5.5B. Trade in Generators and alternators represent 0.026% of total world trade.

Generators and alternators are a part of Electrical Ignitions.

Exports In 2021 the top exporters of Generators and alternators  were France ($892M), Mexico ($805M), Germany ($614M), China ($535M), and United States ($482M).

Imports In 2021 the top importers of Generators and alternators were United States ($1.28B), Germany ($721M), Mexico ($385M), China ($331M), and France ($212M).

Ranking Generators and alternators ranks 1041st 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 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.

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

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Historical Data

Exporters and Importers

Top Origin (2021)France$892M
Top Destination (2021)United States$1.28B

In 2021 Generators and alternators were the world's 657th most traded product (out of 4,641).

In 2021, the top exporters of Generators and alternators were France ($892M), Mexico ($805M), Germany ($614M), China ($535M), and United States ($482M).

In 2021, the top importers of Generators and alternators were United States ($1.28B), Germany ($721M), Mexico ($385M), China ($331M), and France ($212M).

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Exporters of Generators and alternators (2021)
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Importers of Generators and alternators (2021)
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Market Dynamics

Color
Top Origin Growth (2020 -  2021)China$144M
Top Destination Growth (2020 -  2021)United States$242M

Between 2020 and 2021, the exports of Generators and alternators grew the fastest in China ($144M), Germany ($109M), Japan ($108M), France ($102M), and Mexico ($98.3M).

Between 2020 and 2021, the fastest growing importers of Generators and alternators were United States ($242M), Germany ($81.5M), India ($48.7M), Italy ($46.7M), and France ($45.4M).

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Exporters of Generators and alternators (2020 - 2021)

Importers of Generators and alternators (2020 - 2021)

Market Concentration

Value

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

In 2021, market concentration measured using Shannon Entropy, was 4.01. 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 (2021)France$679M
TOP NET IMPORTER (2021)United States$798M

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 2021.

In 2021, the countries that had a largest trade value in exports than in imports of Generators and alternators were France ($679M), Mexico ($420M), Japan ($378M), China ($203M), and Hungary ($125M).

In 2021, the countries that had a largest trade value in imports than in exports of Generators and alternators were United States ($798M), Canada ($124M), Russia ($110M), Germany ($107M), and United Kingdom ($104M).

Net Trade (2021)

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 (2021)

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