HS Icon Low-voltage Protection Equipment

8536 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Low-voltage Protection Equipment. In 2020, Low-voltage Protection Equipment were the world's 24th most traded product, with a total trade of $93.1B. Between 2019 and 2020 the exports of Low-voltage Protection Equipment decreased by -3.25%, from $96.2B to $93.1B. Trade in Low-voltage Protection Equipment represent 0.56% of total world trade.

Low-voltage Protection Equipment are a part of Electrical machinery and electronics. They include Electrical switch, protector, connecter for < 1kV nes, Electrical switches for < 1,000 volts, nes, Electrical plugs and sockets, Automatic circuit breakers for < 1,000 volts, Electrical relays for 60 - 1,000 volts, Electrical relays for < 60 volts, Electrical circuit protectors nes for < 1,000 volts, Electrical fuses, for < 1,000 volts, and Electrical lamp-holders, for < 1,000 volts.

Exports In 2020 the top exporters of Low-voltage Protection Equipment  were China ($18.8B), Germany ($13.5B), United States ($8.28B), Japan ($7.15B), and France ($4.28B).

Imports In 2020 the top importers of Low-voltage Protection Equipment were United States ($10.8B), China ($8.52B), Germany ($7.63B), Hong Kong ($6.86B), and Mexico ($4.6B).

Tariffs In 2018 the average tariff for Low-voltage Protection Equipment was 8.61%, making it the 496th lowest tariff using the HS4 product classification.

Ranking Low-voltage Protection Equipment ranks 291st 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, relays, fuses, surge suppressors, plugs, sockets, lamp holders and junction boxes are used to control the flow of electricity through an electrical circuit. They can be made from a variety of materials including plastic and metal.

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Y-AXIS SCALE

The following visualization shows the latest trends on Low-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.

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

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Historical Data

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Exporters and Importers

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Trade By Country

Top Origin (2020): China, $18.8B

Top Destination (2020): United States, $10.8B

Low-voltage Protection Equipment are the world's 24th most traded product.

In 2020, the top exporters of Low-voltage Protection Equipment were China ($18.8B), Germany ($13.5B), United States ($8.28B), Japan ($7.15B), and France ($4.28B).

In 2020, the top importers of Low-voltage Protection Equipment were United States ($10.8B), China ($8.52B), Germany ($7.63B), Hong Kong ($6.86B), and Mexico ($4.6B).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2019 -  2020): China, $506M

Top Destination Growth (2019 - 2020): China, $1.15B

Between 2019 and 2020, the exports of Low-voltage Protection Equipment grew the fastest in China ($506M), Hong Kong ($462M), Thailand ($118M), Vietnam ($108M), and Serbia ($74M).

Between 2019 and 2020, the fastest growing importers of Low-voltage Protection Equipment were China ($1.15B), Vietnam ($436M), Poland ($169M), Chinese Taipei ($73.1M), and Saudi Arabia ($58.5M).

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Market Concentration

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Cumulative market share

Value

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

In 2020,  market concentration measured using Shannon Entropy, was 4.44. This means that most of the exports of Low-voltage Protection Equipment are explained by 21 countries.

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TOP NET EXPORTER (2020): China, $10.2B

TOP NET IMPORTER (2020): Hong Kong, $5.69B

This map shows which countries export or import more of Low-voltage Protection Equipment. Each country is colored based on the difference in exports and imports of Low-voltage Protection Equipment during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Low-voltage Protection Equipment were China ($10.2B), Germany ($5.9B), Japan ($4.65B), France ($1.28B), and South Korea ($927M).

In 2020, the countries that had a largest trade value in imports than in exports of Low-voltage Protection Equipment were Hong Kong ($5.69B), United States ($2.54B), Vietnam ($1.97B), Canada ($1.34B), and Mexico ($1.12B).

Disaggregation

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Value

In 2020, the world most traded Low-voltage Protection Equipment, disaggragated by their HS6 level were Electrical switch, protector, connecter for <... ($31.5B), Electrical plugs and sockets ($19.2B), Electrical switches for < 1,000 volts,... ($18.7B), Automatic circuit breakers for < 1,000... ($8.07B), and Electrical relays for 60 - 1,000... ($4.56B)

Country Comparison

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Ranking

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

Product Complexity

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Diversification Frontier

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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.

Country by Relatedness

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The following visualization shows the relatedness of Low-voltage Protection Equipment to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.