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Electrical apparatus for switching, protecting electrical circuits, for making connections to or in electrical circuits; for a voltage exceeding 1000 volts

8535 (Harmonized System 1992 for 4-digit)

2023
World Trade $10.5BRnk 354 / 1217
2023
Top Exporter | Top Importer $1.5B | $1.39BChina | United States
2023
Product Complexity 0.92Rnk 200 / 1044
2022 - 2023
Export Growth (CAGR) 9.12%Rnk 172 / 1217
2023
Share of World Trade 0.047%Rnk 354 / 1217

About

Overview This page contains the latest trade data of High-voltage Protection Equipment. In 2023, High-voltage Protection Equipment were the world's 354th most traded product, with a total trade of $10.5B. Between 2022 and 2023 the exports of High-voltage Protection Equipment grew by 9.12%, from $9.65B to $10.5B. Trade in High-voltage Protection Equipment represent 0.047% of total world trade.

High-voltage Protection Equipment are a part of Electrical machinery and electronics. They include Electrical apparatus for voltage > 1kV, nes, Isolating and make-and-break switches, voltage >1 kV, Automatic circuit breakers for voltage > 72.5 kV, Automatic circuit breakers for voltage 1-72.5 kV, Lightning arresters & voltage or surge limiters > 1kV, and Electrical fuses, for voltage > 1kV.

Exports In 2023 the top exporters of High-voltage Protection Equipment  were China ($1.5B), Germany ($1.36B), United States ($895M), Mexico ($855M), and Switzerland ($807M).

Imports In 2023 the top importers of High-voltage Protection Equipment were United States ($1.39B), Saudi Arabia ($743M), Germany ($468M), China ($432M), and Canada ($403M).

Ranking High-voltage Protection Equipment ranks 200th in the Product Complexity Index (PCI).

Description Electrical apparatus for switching or protecting electrical circuits, or for making connections to or in electrical circuits, e.g., switches, fuses, lightning arresters, voltage limiters, surge suppressors, plugs and other connectors, junction boxes, for a voltage > 1.000 V (excl. control desks, cabinets, panels etc. of heading 8537)

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on High-voltage Protection Equipment. 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$1.5B
Top Destination (2023)United States$1.39B

In 2023 High-voltage Protection Equipment were the world's 354th most traded product (out of 1,217).

In 2023, the top exporters of High-voltage Protection Equipment were China ($1.5B), Germany ($1.36B), United States ($895M), Mexico ($855M), and Switzerland ($807M).

In 2023, the top importers of High-voltage Protection Equipment were United States ($1.39B), Saudi Arabia ($743M), Germany ($468M), China ($432M), and Canada ($403M).

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Exporters of High-voltage Protection Equipment (2023)
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Importers of High-voltage Protection Equipment (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)United States$193M
Top Destination Growth (2022 -  2023)United States$160M

Between 2022 and 2023, the exports of High-voltage Protection Equipment grew the fastest in United States ($193M), Mexico ($159M), Germany ($144M), Switzerland ($131M), and Singapore ($53.9M).

Between 2022 and 2023, the fastest growing importers of High-voltage Protection Equipment were United States ($160M), Mexico ($119M), Indonesia ($109M), Canada ($72.8M), and Saudi Arabia ($72.2M).

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Exporters of High-voltage Protection Equipment (2022 - 2023)

Importers of High-voltage Protection Equipment (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of High-voltage Protection Equipment.

In 2023, market concentration measured using Shannon Entropy, was 4.55. This means that most of the exports of High-voltage Protection Equipment are explained by 23 countries.

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Value of Exports in High-voltage Protection Equipment

Net Trade

TOP NET EXPORTER (2023)China$1.06B
TOP NET IMPORTER (2023)Saudi Arabia$723M

This map shows which countries export or import more of High-voltage Protection Equipment. Each country is colored based on the difference in exports and imports of High-voltage Protection Equipment during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of High-voltage Protection Equipment were China ($1.06B), Germany ($892M), Switzerland ($657M), Mexico ($495M), and Italy ($396M).

In 2023, the countries that had a largest trade value in imports than in exports of High-voltage Protection Equipment were Saudi Arabia ($723M), United States ($498M), Canada ($250M), Indonesia ($208M), and Philippines ($171M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded High-voltage Protection Equipment, disaggragated by their HS6 level were Electrical apparatus for voltage > 1kV,... ($4.51B), Isolating and make-and-break switches, voltage >1... ($2.51B), Automatic circuit breakers for voltage 1-72.5... ($1.28B), Automatic circuit breakers for voltage >... ($909M), and Lightning arresters & voltage or surge... ($703M)

HS6 Disaggregation for High-voltage Protection Equipment (2023)
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Country Comparison

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Ranking

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

Top 10 Exporters Countries of High-voltage Protection Equipment by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $8.77M
TOP IMPORT POTENTIALChina+ $9.01M

High-voltage Protection Equipment’s highest export potential is China. With an export gap of $8.77M.  High-voltage Protection Equipment’s highest import potential is China with an import gap of $9.01M.

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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 High-voltage Protection Equipment.

Country by Relatedness

The following visualization shows the relatedness of High-voltage Protection Equipment 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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