Electrical apparatus for switching, protecting electrical circuits, for making connections to or in electrical circuits, for a voltage not exceeding 1000 volts; connectors for optical fibres, optical fibre bundles or cables

8536 (Harmonized System 1992 for 4-digit)

About

Overview This page contains the latest trade data of Low-voltage Protection Equipment. In 2022, Low-voltage Protection Equipment were the world's 26th most traded product, with a total trade of $119B. Between 2021 and 2022 the exports of Low-voltage Protection Equipment grew by 1.68%, from $117B to $119B. Trade in Low-voltage Protection Equipment represent 0.5% 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 volts, Electrical relays for 60 - 1,000 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 2022 the top exporters of Low-voltage Protection Equipment  were China ($28.2B), Germany ($16.4B), United States ($10.7B), Japan ($7.57B), and Mexico ($5.16B).

Imports In 2022 the top importers of Low-voltage Protection Equipment were United States ($14.8B), China ($11.6B), Germany ($9.72B), Mexico ($7.03B), and Hong Kong ($6.22B).

Ranking Low-voltage Protection Equipment ranks 282nd 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.

Latest Data

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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.

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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)China$28.2B
Top Destination (2022)United States$14.8B

In 2022 Low-voltage Protection Equipment were the world's 26th most traded product (out of 1,218).

In 2022, the top exporters of Low-voltage Protection Equipment were China ($28.2B), Germany ($16.4B), United States ($10.7B), Japan ($7.57B), and Mexico ($5.16B).

In 2022, the top importers of Low-voltage Protection Equipment were United States ($14.8B), China ($11.6B), Germany ($9.72B), Mexico ($7.03B), and Hong Kong ($6.22B).

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Exporters of Low-voltage Protection Equipment (2022)
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Importers of Low-voltage Protection Equipment (2022)
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Market Dynamics

Color
Top Origin Growth (2021 -  2022)United States$1.42B
Top Destination Growth (2021 -  2022)Mexico$1.46B

Between 2021 and 2022, the exports of Low-voltage Protection Equipment grew the fastest in United States ($1.42B), Mexico ($842M), Malaysia ($346M), Singapore ($250M), and Slovakia ($144M).

Between 2021 and 2022, the fastest growing importers of Low-voltage Protection Equipment were Mexico ($1.46B), United States ($1.4B), Malaysia ($418M), India ($378M), and Germany ($329M).

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Exporters of Low-voltage Protection Equipment (2021 - 2022)

Importers of Low-voltage Protection Equipment (2021 - 2022)

Market Concentration

Value

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

In 2022, market concentration measured using Shannon Entropy, was 4.35. This means that most of the exports of Low-voltage Protection Equipment are explained by 20 countries.

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Value of Exports in Low-voltage Protection Equipment

Net Trade

TOP NET EXPORTER (2022)China$16.6B
TOP NET IMPORTER (2022)Hong Kong$5.37B

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 2022.

In 2022, the countries that had a largest trade value in exports than in imports of Low-voltage Protection Equipment were China ($16.6B), Germany ($6.72B), Japan ($4.41B), South Korea ($1.16B), and Czechia ($1.01B).

In 2022, the countries that had a largest trade value in imports than in exports of Low-voltage Protection Equipment were Hong Kong ($5.37B), United States ($4.15B), Vietnam ($2.07B), Mexico ($1.86B), and Canada ($1.75B).

Net Trade (2022)

Disaggregation

Value

In 2022, the world most traded Low-voltage Protection Equipment, disaggragated by their HS6 level were Electrical switch, protector, connecter for <... ($42.6B), Electrical plugs and sockets ($23.8B), Electrical switches for < 1,000 volts,... ($22.1B), Automatic circuit breakers for < 1,000... ($10.4B), and Electrical relays for 60 - 1,000... ($5.68B)

HS6 Disaggregation for Low-voltage Protection Equipment (2022)
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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 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.

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

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALChina+ $260M
TOP IMPORT POTENTIALChina+ $706M

Low-voltage Protection Equipment’s highest export potential is China. With an export gap of $260M.  Low-voltage Protection Equipment’s highest import potential is China with an import gap of $706M.

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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 (2022)

Country by Relatedness

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.

Relative Relatedness by Country (2022)

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