HS Icon Other Electrical Machinery

8543 (Harmonized System 1992 for 4-digit)

Overview This page contains the latest trade data of Other Electrical Machinery. In 2020, Other Electrical Machinery were the world's 60th most traded product, with a total trade of $52.9B. Between 2019 and 2020 the exports of Other Electrical Machinery N/A by N/A, from $54B to $52.9B. Trade in Other Electrical Machinery represent 0.32% of total world trade.

Exports In 2020 the top exporters of Other Electrical Machinery  were China ($21.7B), United States ($4.27B), Germany ($3.93B), Japan ($3.51B), and Mexico ($2.09B).

Imports In 2020 the top importers of Other Electrical Machinery were United States ($11.4B), Hong Kong ($3.82B), China ($3.53B), Japan ($3.1B), and Germany ($2.81B).

Ranking Other Electrical Machinery ranks 87th in the Product Complexity Index (PCI).

Description Electrical machines and apparatus are used to produce electricity. They can be made from a variety of materials, including copper, aluminum, steel, and plastic.

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Y-AXIS SCALE

The following visualization shows the latest trends on Other Electrical Machinery. 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, $21.7B

Top Destination (2020): United States, $11.4B

Other Electrical Machinery are the world's 60th most traded product.

In 2020, the top exporters of Other Electrical Machinery were China ($21.7B), United States ($4.27B), Germany ($3.93B), Japan ($3.51B), and Mexico ($2.09B).

In 2020, the top importers of Other Electrical Machinery were United States ($11.4B), Hong Kong ($3.82B), China ($3.53B), Japan ($3.1B), and Germany ($2.81B).

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Market Dynamics

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Trade by country

Value

Top Origin Decrease (2019 -  2020): Israel, -$843M

Top Destination Growth (2019 - 2020): Germany, $259M

Between 2019 and 2020, the fastest declining exporters of Other Electrical Machinery were Israel (-$843M), United States (-$693M), Mexico (-$438M), Malaysia (-$181M), and Thailand (-$156M).

Between 2019 and 2020, the fastest growing importers of Other Electrical Machinery were Germany ($259M), Vietnam ($219M), United States ($131M), Poland ($122M), and Chinese Taipei ($112M).

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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 Other Electrical Machinery.

In 2020,  market concentration measured using Shannon Entropy, was 3.68. This means that most of the exports of Other Electrical Machinery are explained by 12 countries.

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TOP NET EXPORTER (2020): China, $18.1B

TOP NET IMPORTER (2020): United States, $7.1B

This map shows which countries export or import more of Other Electrical Machinery. Each country is colored based on the difference in exports and imports of Other Electrical Machinery during 2020.

In 2020, the countries that had a largest trade value in exports than in imports of Other Electrical Machinery were China ($18.1B), Germany ($1.13B), Malaysia ($698M), Mexico ($591M), and Japan ($410M).

In 2020, the countries that had a largest trade value in imports than in exports of Other Electrical Machinery were United States ($7.1B), Hong Kong ($3.33B), France ($819M), Russia ($674M), and Canada ($667M).

Disaggregation

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Value

In 2020, the world most traded Other Electrical Machinery, disaggragated by their HS6 level were Electrical machines and apparatus, nes ($41B), Parts of electrical machines and apparatus... ($9.47B), Signal generators ($1.25B), Apparatus for electro-plating, electrolysis, etc ($965M), and Particle accelerators ($211M)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Other Electrical Machinery.
It is possible to select the main countries that export or import Other Electrical Machinery 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 Other Electrical Machinery to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.