Liquid dielectric transformers > 10,000 KVA850423 (Harmonized System 1992 for 6-digit)
2021 World Trade: $4.34B, Rnk 815 / 4641
2021 Top Exporter | Top Importer: $866M | $996M, China | United States
2021 Product Complexity: 0.32, Rnk 1995 / 4648
2020 - 2021 Export Growth (CAGR): -7.56%, Rnk 4362 / 4641
2018 Mean Tariff: 6.32%, Rnk 3545 / 6538
2021 Share of World Trade: 0.00021%, Rnk 815 / 4641
Overview This page contains the latest trade data of Liquid dielectric transformers > 10,000 KVA. In 2021, Liquid dielectric transformers > 10,000 KVA were the world's 815th most traded product, with a total trade of $4.34B. Between 2020 and 2021 the exports of Liquid dielectric transformers > 10,000 KVA decreased by -7.56%, from $4.7B to $4.34B. Trade in Liquid dielectric transformers > 10,000 KVA represent 0.00021% of total world trade.
Liquid dielectric transformers > 10,000 KVA are a part of Electrical Transformers.
Exports In 2021 the top exporters of Liquid dielectric transformers > 10,000 KVA were China ($866M), Italy ($337M), Turkey ($308M), South Korea ($306M), and Germany ($266M).
Imports In 2021 the top importers of Liquid dielectric transformers > 10,000 KVA were United States ($996M), Iraq ($188M), Spain ($128M), Germany ($110M), and Pakistan ($105M).
Tariffs In 2018 the average tariff for Liquid dielectric transformers > 10,000 KVA was 6.32%, making it the 3545th lowest tariff using the HS6 product classification.
Ranking Liquid dielectric transformers > 10,000 KVA ranks 1995th in the Product Complexity Index (PCI).
Description Liquid dielectric transformers are used to step up or step down electrical voltage. They are not durable enough to be used in situations where electric voltage is changed in steps, but are instead used to change voltage in large steps.
The following visualization shows the latest trends on Liquid dielectric transformers > 10,000 KVA. 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.
Trade By Country
Top Origin (2021): China, $866M
Top Destination (2021): United States, $996M
Liquid dielectric transformers > 10,000 KVA are the world's 815th most traded product.
In 2021, the top exporters of Liquid dielectric transformers > 10,000 KVA were China ($866M), Italy ($337M), Turkey ($308M), South Korea ($306M), and Germany ($266M).
In 2021, the top importers of Liquid dielectric transformers > 10,000 KVA were United States ($996M), Iraq ($188M), Spain ($128M), Germany ($110M), and Pakistan ($105M).
Trade by country
Top Origin Growth (2020 - 2021): India, $54.3M
Top Destination Growth (2020 - 2021): Venezuela, $84.6M
Between 2020 and 2021, the exports of Liquid dielectric transformers > 10,000 KVA grew the fastest in India ($54.3M), Russia ($48.3M), Brazil ($44.1M), Italy ($43.9M), and Latvia ($29.9M).
Between 2020 and 2021, the fastest growing importers of Liquid dielectric transformers > 10,000 KVA were Venezuela ($84.6M), Spain ($52.1M), Tajikistan ($43.3M), Germany ($37.4M), and Oman ($32.9M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Liquid dielectric transformers > 10,000 KVA.
In 2021, market concentration measured using Shannon Entropy, was 4.41. This means that most of the exports of Liquid dielectric transformers > 10,000 KVA are explained by 21 countries.
TOP NET EXPORTER (2021): China, $813M
TOP NET IMPORTER (2021): United States, $961M
This map shows which countries export or import more of Liquid dielectric transformers > 10,000 KVA. Each country is colored based on the difference in exports and imports of Liquid dielectric transformers > 10,000 KVA during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Liquid dielectric transformers > 10,000 KVA were China ($813M), Italy ($331M), South Korea ($302M), Turkey ($291M), and Mexico ($237M).
In 2021, the countries that had a largest trade value in imports than in exports of Liquid dielectric transformers > 10,000 KVA were United States ($961M), Pakistan ($105M), Spain ($93.4M), Bangladesh ($87.6M), and Denmark ($80.6M).
This visualization shows the countries that have an important ratio of their trade related to Liquid dielectric transformers > 10,000 KVA. It is possible to select the main countries that export or import Liquid dielectric transformers > 10,000 KVA in the world, or by continent, as well as select the measure of interest.
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.
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